04-12-2013, 05:03 AM
'admin' pid='20546' datel Wrote:["They have made 5 times as much money on the constant churn over the years than they would lose if IOC ever does a deal and PPS goes up $40."] Based on what exactly? In fact, the only data that's available suggests quite something else, that despite a doubling of the short count, the price has, if anything, gone up slightly. How this is profitable isn't at all clear, at least not to me.
If it is true, admin, it's because they have manipulated a lot of the ups and downs, and been able to take more advantage of them knowing what was coming. They have been misleading investors, stealing from shareholders, and damaging market credibility and the market function of allocation of capital. There is no way the SEC should not be investigating this stock and the shorts involved.