Monday, March 05, 2001 9:15:29 AM
Errorl on BLPT and SHPS says that he was contacted by the SEC in regards to Boeckler and Markow, but I wonder who initiated the contact? Would it be illegal for an MM like FRAN to be using the SEC by in essence doing their research job and providing the SEC with such information as to damage a company they held a position in? i.e., WAMX et al., the collusion, probably not.
Interesting that Errorl claims he's working with the SEC, and that he posts and works for FRAN, but who's to slap that wrist!
I haven't read through the whole thing to figure it out, but at first look, sure seems like errol/FRAN initiated their insider contacts with the SEC to find some dirt on Boeckler just as they were changing to ATEL, kinda scary the power the MM's have with the SEC. This touting that gets a minor slap on the wrist of "cease-and-desist from committing or causing any violation and any future violation of Section 17(b) of the Securities Act is over a year and a half old, why the strange coincidence with SHPS becoming ATEL? Is the SEC merely the dog that errol the MM's tail wags? The SEC has like 12 guys working on the whole tout machine, and they take time for this slap on the wrist now, a year and a half later, the day ATEL becomes? Just seems fishy in my book.
There's no denying that Boeckler did his covering of the stocks he touted for shares, and it's old news, but the timing of the SEC making it public of their slap on the wrist is suspicious indeed!
By: errol832000
Reply To: None Thursday, 1 Mar 2001 at 6:31 PM EST
Post # of 1646
so you thought that i was joking when i saidthatthe sec had contacted me regarding stuart bockler and michael marcow?...i guesstoday's headlines from the sec bears me out...and i getthe feeling that it ain't over yet...
imho, Jerome
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