w0wSEC🔥charges🎅🏿&👽w/ArtificiallyDeflatingSharePrices togetmoreShares at a cheaper price
6, 12, 2023 — SEC charged investment adviser Sabby Management LLC & managing partner,Hal D. Mintz,w/ fraud in connection w/ a long running scheme involving misrepresentations & violations of rules for short selling & order making, + other violative trading, that generated $2M + in illegal profits.
From at least March 2017-May 2019 Sabby|Mintz repeatedly circumvented trading rules to conduct unlawful trades in the stock of 10 PUBLIC COMPANIES. Sabby |Mintz engaged in illegal “naked short selling” by intentionally|improperly placing short sales when they knew or were reckless in not knowing that they had not borrowed or located the shares, & then failed to make timely delivery of the shares. The purpose was to earn profits they could not have gained by legal trading. https://www.sec.gov/news/press-release/2023-107
$DBMM 2014 Trade Data|Notable Dates Date(2014)--------(Total Vol) Nov 26 ------------904,455,961 Jun 23 -------------774,052,890 Jun 17 --------------336,453,305 Jun 03 --------------222,700,162 Jun 02 --------------374,062,639 May 06 -------------257,003,282 May 05 -------------144,298,331 May 02 -------------602,541,670 Feb 26 -------------254,325,277 Feb 21 -------------283,337,500 Jan 10 --------------265,541,278
What passes for "DD" on this board is not "DD" at all. Wild claims are made but NEVER PROVEN with factual information from verifiable sources.
Simple Question: What's the Source for this? Asking for a Friend.