Replies to post #7687 on Longwei Petroleum (fka LPIH)

[xlt leader]

Ok Jim "I can't answer this question absolutely but the short answer is most definitely.

Short interest mid Nov 177,000 .... Dec 31 1.23 million. After Longwei increased their guidance stock spiked in high two's and quickly reversed, IMHO this is classic shorting. Not only did they make money they made a lot of it but it wasn't just them, I am certain there are many groups who benefited from what they posted.

They probably still have shorts in because the stock was halted the second time and still is.

I agree with you fraudulent companies should be prosecuted but so should fraudulent "whatever" GEO is because if you read their TOS disclaimer they hide behind everything under the sun. It won't help them if they have fabricated anything that they posted.

Longwei can launch a suit and force them to defend themselves, the outcome is not relevant, at a minmum this most likely will happen

[Zester]

Toups and Weitlan resign soon..I'm sure Cai told them to hang on while he gathers evidence...they soon will discover they've been had and both will retreat within a few days of each other.