Auric, In your post number 810 you say that what Travis has done is illegal. As usual, when you make an assertion like this, before I can respond I have to do some checking to find out for myself what the facts are.
Here's what I found. When the short sellers had to cover their short position, they went to a number of market makers to cover their position, also known as a buy in. I'm told that in fact Travis did sell the stock for them to cover their position, but only after they had contacted a number of other market makers. They were in a box and had no choice but to pay the asking price for the stock, since they were obligated by law to cover their short sells. While you contend all of this is illegal, it's just like the patent issue, just because you say these things doesn't make it so. My understanding is that the calls to the other market makers have all been recorded, so that if you, the SEC, or anyone else wants to contest it, the information is available.
I am not associated with Travis, but I am a stockholder and these and other issues raised on this thread are of great interest to me since it can affect the value of my investment. We have regulatory agencies to oversee trading firms and stock issues. You keep saying that Travis is doing illegal things, but he continues to stay in business. If you or anyone else has information about an illegal act by him or anyone else, they should go to the authorities. Everybody knows who David Travis is, I have posted all my comments under my real name, and it seems to me you are posting information that is meant to distort the truth, not using your real name, but hiding behind an alias.
Lets all watch and see just what the truth might be, if the SEC should come down on David Travis or if they halt trading in the stock, as Auric has stated they will, then it will be time for an apology from me, and as I have stated time and again, my name is Ray Barber.
I have taken way too much of my time on this thread, now I've got to quit and go back to work. |
