Re: we didn't settle yet because...?
in response to
by
posted on
Dec 09, 2007 01:34PM
Well... imagine if you will the pump and dump scheme's that lay out there if one only had to launch a huge suit, spend a couple million in lawyer fee's on one hand while buying up the stock of a lower price company like ours on the other only to settle in the end. The ultimate pump and dump on one hand, and on the other, the ultimate stock scheme.
However, because the J3's are offshore, it is possible, as it would be here providing that you had access to an offshore trader. Certainly not difficult to do.
Possible but not likely.
I didn't know about the 100K share block though... what day was that? BTW... the trade for 10K during closing Friday for .61 was me adding to my core. I was curious, were any of the other trades in the last five minutes one of ours? I was trying to get a little better price but it never slid back so I just reached out and plucked them.