'ebster123' pid='40696' datel Wrote:Did you ask them to?
Ebster,
I have not asked them to. I am not sure that I have anything to offer other than the anecdotal evidence that has been discussed so often on this board. They have some pretty smart people if they are williing and want to really dig into the issue that is likely not specific to IOC. If I were doing the analysis I would start with the top 25 most highly shorted stocks, those that had daiily trading volumes of multiples of their average daily volumes, and those with large drops driven down by high volumes followed by large sales of puts. We know that IOC comes up on the first list. I do not have the tools or the time to do the analysis on the volume spikes over average, but I would bet that IOC comes up on the last two lists as well. The other thing I would look into is who has been associated with the stock that has already had securities issues. Do a search on Minkow on this board and see how many hits you get.
Interestingly, during an interview with Jon Corpino, a trader from Meridian Equity Partners, it was mentioned that traders actually pay the NYSE to see advance trade information. Why should anyone get to see an advance of the book?
http://www.usatoday.com/videos/money/mar...1/7118337/
I want to be careful. My goal in the posting was not to make this a forum for bashing the investment bankers, SEC, and hedge funds. I posted this because I felt it might be of interest to the board given all of our chatter on dry hole blowbacks etc. on SA, Yazoo, hedge funds, dark pools, etc. which may or may not have had an impact on how IOC has traded. In my opinion, anyone who has watched this stock over the past six to ten years has seen what looks like minipulation.
Best regard,
CF
