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Re: PiratesECU post# 16689

Wednesday, 05/16/2012 7:10:43 AM

Wednesday, May 16, 2012 7:10:43 AM

Post# of 17117
The day that the SEC would be very interested in is the big spike up with close to 1 billion shares traded. I believe that there was all kind of illegal shorting of shares and other illegal trading thru offshore brokerages. While I don't have any facts to support this and it is just my opinion---- how else could the price spike upwards so incredibly and then fall within an hour or two to below the market open????.... It would be amazing to me if every single share traded was perfectly legal.
What would make perfect sense to me would be that the Hausers were connected to one of those brokerages and gave the brokerage all the shares they needed to short the stock down to any level they wanted..... Millions of dollers were made that day by someone---- the SEC needs to track down exactly WHO made all that money.... If illegal trading took place then a class action lawsuit needs to be filed and the parties that lost their investment needs to be justly compensated!