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SIObserver

06/08/12 4:08 PM

#73164 RE: davidam #73162

That would be most informing. I look forward to the exposing of the culprit. Have a great weekend.

SIO

BERKSHIRE AGENT

06/08/12 4:08 PM

#73165 RE: davidam #73162

Thanks for informing us David. Enjoy your weekend.

pennyplayer777

06/08/12 4:09 PM

#73166 RE: davidam #73162

Wow!!!! I sure do hope it is not someone posting on a public board. If that is the case trying to hold a stock down while bashing could put someone in JAIL....... and I dont mean the IHUB jail!!!!!

NoMoneyToInvest

06/08/12 4:15 PM

#73179 RE: davidam #73162

That means probably no stock dulutions by the company, right 3FFF.

gimmeMYcash

06/08/12 4:16 PM

#73181 RE: davidam #73162

Uh oh! I'm soooo busted! LMAO! J/K
VERT was a good tool for somebody this week. As I posted yesterday and today; I had a feeling it was manipulation. Nice tactic. I'm gonna try it myself in the future as I stated earlier. ;)
Have a nice weekend boys! I'll be around. Next week we rock! GLTA!

Threeflight

06/08/12 4:28 PM

#73189 RE: davidam #73162

Excellent.

MarketCaptain

06/08/12 4:38 PM

#73194 RE: davidam #73162

Desperation often leads to panic. Butter fingers!

VST7

06/08/12 6:23 PM

#73203 RE: davidam #73162

davidam; I just checked out the board here since the market closed for the weekend and found these postings about VERT, Here is something the company might want to read concerning The Vertical Trading Group, from the SEC (from 2009 I believe);

Excerpt Quote;

(Note: VERT is widely recognized by investors as a market maker who abuses their market making obligations and manipulates stock prices for profit. They are the firm the less than reputable clients trade through when they want a “job done” and this enforcement case, despite the paltry fine, illustrates their willingness to avoid the rules.)


Here's a link to the complete article from the SEC.

http://www.sec.gov/comments/s7-08-09/s70809-3684.pdf


This is the whole paragraph (Not the whole article) I took the above excerpt from regarding VERT.

Quote;
The Vertical Trading Group, LLC ( CRD #104353, NewYork, NewYork) submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured, fined $25,000 and required to revise its written supervisory procedures regarding the One Percent Rule; the dissemination of quotations to vendors; monthly order execution information; SEC Regulation SHO’s locate requirements; the acceptance of short sale orders for threshold securities; maintaining identical quotes; market order protection; best execution for block orders, not held orders and orders with special pricing terms or conditions; reporting the capacity in which trades are executed; ensuring the accuracy of trades reported on the member’s behalf; the tick test; and books and records. Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that it failed to properly identify orders as short sale orders and, therefore, failed to report to the NNTRF the correct symbol indicating whether transactions were buy, sell, sell short, sell short exempt or cross for transactions in reportable securities, and to properly mark the orders as short. The findings stated that the firm’s supervisory system did not provide for supervision reasonably designed to achieve compliance with applicable laws, regulations and FINRA rules concerning the One Percent Rule; the dissemination of quotations to vendors; monthly order execution information; Regulation SHO’s locate requirements; the acceptance of short sale orders for threshold securities; maintaining identical quotes; market order protection; best execution for block orders, not held orders and orders with special pricing terms or conditions; reporting the capacity in which trades are executed; ensuring the accuracy of trades reported on the member’s behalf; the tick test; and books and records. The findings also stated that the firm failed to produce documentation that it enforced its written supervisory procedures concerning the marking of order tickets and locate requirements. The findings also included that the firm failed to report the correct symbol to the NNTRF or OTCRF indicating whether the firm executed transactions in reportable securities in a principal, “riskless” principal or agency capacity. (FINRA Case #2006004088101)

sawtrader

06/12/12 11:30 AM

#73856 RE: davidam #73162

Will the company do the same with etmm.? A very heavy seller much more than Vert had.