Replies to post #158273 on Biotech Values

[exwannabe]

As for SEC, its people are too busy watching Internet porn.

Certinly they consider that more important than actions that protect retail investors.

How about SPPI this week?

. Raj (the CEO) knows full well that sales are toast in Dec.
. Not making this public, he sells about $4M of stock end of Dec
. After announcing the shortfall, he then holds a private CC with his bankers to explain the full story.


If the SEC had balls, Raj would be sized up for an orange jump suit.