Anthony..
What you state falls far short of evidence and would be not admitted in a court of law simply because it is hearsay.
Regarding your statement "..There is word coming from DC that the insiders are busy selling stock to everyone in the public...." Please substantiate. You can't make a statement like that without specific information and a way for that information to be independently verified.
Please be forewarned I am recording the contents of this thread (especially your posts because of your hypocrisy) because hearsay provided as "truth" to adversely effect the price of the stock by insinuation is manipulation- which is clearly a SEC violation especially in light of your stated short position.
Here are some rules and regs that apply.
law.uc.edu
"General Rules and Regulations promulgated under the Securities Exchange Act of 1934
Rule 10b-5 -- Employment of Manipulative and Deceptive Devices
It shall be unlawful for any person, directly or indirectly, by the use of any means or instrumentality of interstate commerce, or of the mails or of any facility of any national securities exchange,
a.To employ any device, scheme, or artifice to defraud,
b.To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading,
or
c.To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security."
So I implore you to provide independently verifiable evidence of your statements.
ztect
cc. enforcement@sec.gov |