Long talk with SEC Compliance Code Officer today... this is going to get very interesting. They are watching, misinformation for personal gain and treating it as insider trading. FYI.
Not sure I understand how they can treat it as insider trading. Stock manipulation maybe. You have to be an insider with inside information, as inside the company, a relative, acquaintance, their accountant, etc. Knowingly planting false information and trading on the reaction would be something they could go after, I THINK. Not a securities attorney so.........
A lot of information on this subject is out there. It wouldn't be insider trading. It would be manipulation. And yes, they could get into a lot of trouble if the SEC pursues it. At the least it could cost them a lot of money to defend themselves in court. At the other end is jail time. They are probably banking on the lack of inforcement by the SEC because they have gotten away with it many times over. The one thing Geo may be underestimating is the politicsthat controls the SEC's judgement. The SEC's passiveness thus far can change on a dime with enough political pressure, leading them to make an example of Geo. If that happens, the punishments would most likely be harsh.
What I cannot understand is it seems Geo has let greed get the best of them. I am sure they all made good mone doing this scam time after time. However, they push the envelope to new heights. They will get burned. And when it happens, it will be swift and harsh.
This is great news. I have also been in contact with SEC and FBI , they looking into the GEO MAFIA 20-30 million "HIT" that was done on LLEN... Dan David is running a racket, and thus falls under RICO.. Plain and simple..
Sentiment: Strong Buy
Why Race.....I didn't know you had it in ya! LOL GOOD JOB! I also encouraged the company to use their clout to have those officials who stood with them in the past to do so again and soon. A picture is worth a thousand words and planted lies......right now we could use some Chinese officials from the area and government thanking LLEN for the safety they bring to the mines, for working toward being a consolidation, for joining in the clean energy projects.....with the added comment that would go something like this, "we look forward to working closely with LLEN as we meet the energy needs of a growing China!
I detest what GEO does...how they do it....and the posters who have been working for them who so blatantly demean others.