Replies to post #2717 on America West Resources, Inc.(fka AWSRQ)

[carefree1288]

I don't understand why people get so worked up over something. I guess I can understand if they are personally loosing money. But honestly are they that much against others trying to make money?

[ASCENDANCY10]

Thanks for the answer.. our answer is no to stock manipulation. Our Lawyer says that could never be proved beyond a reasonable doubt!! Meaning, Cramer talks and promotes a stock, it goes up because buyers outwiegh sellers.. not manipulated, just the way it works, same goes for APS. Paid to talk and write about a company, people choose on there own to buy, stock goes up because of that.

"beyond a reasonable doubt" straight from a person that studied law

this is just our opinion..

they will continue and they will get bigger and better and more protected.. sorry, its the way it is.

[IRVINESULLY]

LOL....that's what ALL penny stock newsletters do.........Promote the heck out of it and walk away making a fortune......

If you want to report them, you might wish to include the 1000+ other newsletters doing the same thing....

[Crazy Money]

The SEC accused Babikian of reaping an illegal $1.9 million profit by selling nearly 1.4 million shares of coal mining company America West Resources Inc (AWSRQ.PK) after his emailed touts had boosted their price.

The SEC said Babikian sent the touts on Feb. 23, 2012, to about 700,000 email addresses through the AwesomePennyStocks.com and PennyStocksUniverse.com websites.

As other investors bought the stock and drove up the price, he sold his holdings at an average price more than quadruple the level where it had traded previously, the SEC said.

America West is not a defendant in the SEC case and was not accused of wrongdoing.

John Babikian will also pay a total of $3.73 million and be prohibited from recommending that investors buy any U.S. publicly traded stock unless he discloses at the same time any plans to sell the stock within 14 days, according to documents filed with U.S. District Court on Wednesday.

lol? ... sure hope all the other stocks they did on as well will be coming... that could be "pocket change" to what they did on all the stocks they were involved in...