Just got home, what I see is an abomination. Someone should really get the SEC involved in this mess. What the hell was the reason for them HALTING PMCS at 3:56? They didn't halt MSFT, SUNW, or any other reporting stock. All the hoopla over BRCM and PMCS yesterday and today. Did anyone notice how they slowly let out information, going from positive to negative as time went on, till it finally opened? These CEO's need to spend more time keeping their companies profitable and less time trying to soft sell their lousy news to CNBC, who is more than happy to help them out.
Goldman was dumping from the minute they made their big call:
15:10 ET Goldman on Comm ICs : Goldman Sachs makes positive comments on the group citing a more favorable risk/reward as companies may be seeing signs of stability; most positive in the short-term on AMCC, PMCS, TXCC, and VTSS.
Then that Scam artist Brian Finnerty, bangs it up on CNBC so Underberg Towbin could dump their shares.
This should not be allowed. We should ALL write and call the SEC.
I posted everywhere that this was happening, but why should anyone listen to a mere trader, when GOLDMAN, ZACKS, Underberg and God knows who else is hyping all over the press??
There was NO reason to halt that POS. The positive comments in the last 24 hours from the big houses, while they were DUMPING, is absolutely unacceptable.
Fred |