Saturday, December 21, 2013

Bugs Bunny Cartoon V. SEC Corruption

In a previous post I compared the unreasonableness of what the like of this guy may do in the market and the SEC act like there is nothing because of its corruption to the like of a Bugs Bunny Cartoon. Of course I understand that comparison could be exaggerated. After all, one may not be able to generalize such level of things lacking sufficient reasonable sense to all cartoon. For example, during some period this hedge fund guy was manipulating the volume of one of the stocks I owned to show too much trading at low prices. That stock was barely trading to a level that even reaching a volume of 10k shares traded is considered generally something unusual. After this guy started playing his volume in inflating game he in one of the days made it show a 30 million shares traded . That was not for the entire day,no, but just during the first half hour of the day. 
 
There are so many examples of this kind and this hedge fund guy never hesitates to challenge the environment by showing the most unreasonable thing knowing that no body would go after him. But why go far? There is more than enough of that game in this case of Onteco Corporation which I took to the court.
 
Anyway, going back to the 30 million shares in half hour example above I sent that to the SEC trying to bring things even closer to their view sight  but again it ,and reasonably so ,failed in changing the course intentional failure because of corruption take things. 
 
 
 
       

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