Aug. 11 at 4:44 PM
$EVH Yes, actually, I agree – that was definitely outright market manipulation. First they drove the share price down to make money, and now they’re pushing it back up by buying it up. They can be reported to the SEC for this, and the excuse that ‘at
$6 the share was a risk, but at
$4.20 it isn’t’ doesn’t hold water either. Lots of banks use that excuse with the SEC, but it’s daft that they say, ‘At
$4.20, the share offers a 46 per cent upside, so buy’, well, it’s a bit of a problem that that 50 per cent would actually be more than
$6 – so you can’t use that argument either, because then they’re valuing the share at even more than
$6, at which point they supposedly thought the share was too risky, which is why it was on the warning list. It was quite obviously a case of serious market manipulation. It really gets on my nerves...
