Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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From: Max Fletcher	5/22/2009 10:45:19 AM
	1 Recommendation of 5034

SEC Charges Eight Participants in Penny Stock Manipulation Ring FOR IMMEDIATE RELEASE 2009-117 Washington, D.C., May 21, 2009 — The Securities and Exchange Commission has charged eight participants in a penny stock manipulation ring that allegedly pumped the market prices of at least four stocks and generated more than $6.2 million in illicit profits when they dumped shares on the market. sec.gov

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