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Replies to post #13119 on America West Resources, Inc.(fka AWSRQ)
zomniac
12/06/13 6:52 PM
#13120 RE: zomniac #13119
The Finra complaint, which focuses on trades of American West Resources in February 2012, charges that John Thomas Financial and Mr. Belesis on Feb. 23 blocked at least 15 customer orders selling more than 1 million shares of the company. Meanwhile, John Thomas Financial was selling 855,000 shares in the thinly traded stock on the OTC Bulletin Board during a 600% spike in the price of its common shares. American West Resources stock on that day opened at 28 cents a share, peaking at $1.80 a share and eventually closing the day at $1.29.