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Re: TenKay post# 83424

Wednesday, 09/25/2013 6:27:15 PM

Wednesday, September 25, 2013 6:27:15 PM

Post# of 146837
TenKay,

It's illegal - but it is done - or has been as recently as a few years ago in one case that used a Howe Street brokerage and offshore accounts and LLCs.

Illegal and undoable are two different things.

Look at the SEC and DOJ prosecutions - they get maybe 5-10 percent of the illegal stuff in the penny stock markets. If that.

Giving brokers a rip for dumping huge insider blocks is illegal too - but that happens all the time in these penny stock rigs.

Heck, speeding is illegal.