Replies to post #1156 on International Power Group Ltd (IPWG)

[Alyssa]

That is a good point: "What if IPWG felt something was not right and they alerted the SEC?? It is possible."

Very possible. Or the SEC may have been paying extra close attention to IPWG because of the first set of clowns that were indicted in February.

In both cases, IPWG appears to be on the right side of the law and can only stand to gain from the SEC actions against the defendants, which you'd think would help, not hurt, the share price.

[gnolfinvestor]

gappa, that's why i said worse case scenario, maybe the officer involved receives a slap on the wrist. i don't believe the company will be punished at all. and i agree, that since ipwg and the officer were not named as defendants, their part in the situation is not criminal.
i would like to point out that it will be months before this winds thru the courts, and i would assume something re: the situation, will be mentioned at the shareholder meeting.
so we now know where some of the selling has been coming from. we also know that even with "panic" from the possibility of scandal, the stock closed strong friday.
i also wonder if the market maker knowing there was a "dedicated" seller, was emboldened to manipulate the stock???