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Non-Tech : SFP -- Salton Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Bruce A. Brotnov who wrote (165)5/7/2002 6:43:14 PM
From: 16bobby  Read Replies (2) | Respond to of 173
 
SFP Market maker(s) ripe for a CLASS ACTION SUIT???

Today, may 7 SFP 3rd Q earnings were reported before the OPENING. Results not that GOOD. However SFP gapped up at opening $0.38( Marker makers decision, a flood of BUY ORDERS) and continued going up to $19.10 at approx. 9:32AM. At 9:34AM SFP dropped $.0.06 at $19.04. SFP DID NOT TRADE UNTIL 10.00:34 AM or approx. 26 min. LATER when SFP traded again at $18.22 DOWN $0.82( a NEW RINKEL Market Maker have to make there Stock GO UP OR DOWN). DOWN $0.88, WHEN THE STOCK WAS TRADING IN AN UPTREND SINCE THE OPENING. WHAT KIND OF MINIPULATION ARE THEY TRING TO PUT OVER SFP SHAREHOLDERS??? Market makers are suppost to, "create orderally markets, but this action is MANIPULATING SFP PRICES UP OR DOWN AS THEY SEE FIT. What kind of BULL ARE THEY TRYING TO PUT OVER ON US STOCKHOLDERS??
On April 26, the Market Maker(s) pushed (minipulated) SFP Stock DOWN $3.50 before closing the day at $17.44 off $2.54 ON 452,000 shares sold. Did the Market Makers GET INSIDE INFORMATION TO PUSH SFP SHARES DOWN THAT MUCH?? WHAT GIVE HERE?? MINIPULATION??

CHECK THIS OUT: SFP Shares have been going up SINCE OCT. 2001, and continued UNTIL FEB. 2002. THEN AT the END OF FEB. 2002, THEY TOOK OFF AND peaked at $23.59 on MARCH 3, 2002. COINCEDENTALLY SFP'S CEO,LEONARD DREEMANN, SOLD 150,000 SHARES ON mARCH 1,2002(according to MSN MONEY)AT A PER SHARE PRICE OF $23.50 FOR APPROX. $4,000,000.00. BUT ACCORDING TO MY RECORDS SALTON( SFP) DID NOT REACH $23.59 UNTIL MARCH 3, 2002!!! WHAT HAPPENED BETWEEN MARCH 1 AND SFP'S PEEK AO MARCH 3?? ANY QUESTIONS!!

DO YOU SEE SOMETING FUNNY OR MINIPULATIVE GOING ON HERE???

THIS MARKET MAKER(S) IS MAKING A FORTUNE ON OUR, THE INDIVIDULE SHARE HOLDER, STUPIDITY. WHAT CAN WE DO WHEN THESE MARKET MAKERS ARE PICKING OUR POCKETS??? SEC, NYSE(THE CLUB), CLASS ACTION SUITS, ANY IDEAS?? ANY REGULATORY BODY LISTENING TO OUR BEING FLEECED?? ACTION FELLOW SFP STOCK HOLDERS ARISE AND TAKE ACTION!!

THANK FELLOW SFP STOCK HOLDERS.