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Friday, December 03, 2010 11:25:34 PM
"My guess is this will end soon...Company just needs to de-list in Germany and that will end the false supply that has been holding the stock down. Hopefully whoever is doing this gets what they deserve.
Read this link...seems eerily similar.
http://www.highbeam.com/doc/1G1-119749424.html
also - check this out, this tactic was used in 2004 on over 200 companies according to some internet searches.
he Financial Times of London recently reported that the Berlin-Bremen Stock Exchange is being used to circumvent new US regulations aimed at barring a form of share price manipulation, according to several small US companies which have suddenly found their shares listed on it.
In this article, it states that these Berlin listings came just weeks before a new Securities and Exchange Commission rule on so-called naked short selling. Under the new rules, those seeking to sell shares short must be able to demonstrate that they are able to gain access to the securities within two days. However, the rules contain a loophole for what are deemed to be genuine arbitrage trades, defined as short sales in shares that are listed on another stock exchange. "
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