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99leadballoons

02/13/10 3:09 PM

#63586 RE: goldstandard #63581

GS, I just looked up manipulation on the sec.gov site

and here is the definition they list.

Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of techniques to affect the supply of, or demand for, a stock. They include: spreading false or misleading information about a company; improperly limiting the number of publicly-available shares; or rigging quotes, prices or trades to create a false or deceptive picture of the demand for a security. Those who engage in manipulation are subject to various civil and criminal sanctions.

Now when I think of that definition and I think about a $7.25 legal transaction, I don't connect the two together.

I am more likely to connect that definition to say, oh, maybe a series of PRs, emails and phone calls that were pretty misleading.

http://www.sec.gov/answers/tmanipul.htm