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Technology Stocks : AUTOHOME, Inc
ATHM 20.90+1.1%3:59 PM EST
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To: MIKE REDDERT who wrote (20051)3/9/2000 10:12:00 PM
From: Solid  Read Replies (1) of 29970
 
Hi Mike,

This is real BS... Jefferies wants to cover their short positions... look at the turnaround this afternoon.

Just curious, wouldn't the SEC have some kind of rules and regulations to prevent this kind of market manipulation? Granted, a house could try to prove their point and make a case for their price prediction but with trade evidence showing their short positions, wouldn't they be guilty of internal collusion to cover their positions at the expense of all but themselves? If not then the market is indeed a dishonest casino and we as a nation are in even worse shape then I had imagined.
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