Replies to post #58457 on Pilgrim Petroleum Corp. (PGPM)

[lucky, mydog]

that would allow insiders time to dump there shares. that is why there is no notice given.

[fly_fisherman]

You got it.....


That would make to much sense....

SEC announces investigation, at least folks can buy or sell based on what they think it will uncover. Heck what if there isn't a problem and everything is ok. Shareholders have already been screwed big time.

No the SEC jumps in on their white horse and says "we will save you" and screws all the legitimate shareholders and saves the con artists that are short and naked shorting.

The bad buys with the company has already got their goodies already if they are truly a scam.

[I-Glow]

If the SEC announced a investigation - there would hundreds of posts about the company getting it resolved very quickly. Just like the posts I read after a suspension - it was a misunderstanding and the company will be trading very soon.

And it would allow the insiders to continue to provide more fraudulent information so they can dump more shares.

IG

[janice shell]

SEC thinks they are doing shareholders a favor by suspending.

No, they realize they aren't. The people they're protecting are potential future investors.

[jackberabbid]

WHy? you people didn't listen to those that went through this before and told you it was a scam. So now the SEC stepped in and proved it. LMAO