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Sterling Construction Co. Inc. Message Board

  • lennyclue_1000 lennyclue_1000 Sep 26, 2010 11:13 PM Flag

    Wash Trading Activity

    What happened to Kablowsi's message alleging that STRL stock price is being manipulated by hedge fund using circular "wash trading" techniques. I can't be beleive that this is legal. Kablowsi, how do you know this? If you are privy to these kind of details you must be in the confidence of these stock price manipulators. If this is not legal, I think you may have some answering to do for the SEC. Note, it seems that if a stock price can be manipulated up in such a manner, there would be no reason why it couldn't be manipulated down in such a manner (to help create or preserve short profits). I'm going to look into this and contact a lawyer familiar with this. I don't think these types of allegations should be taken lightly.

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    • Why waste your time responding to this short's messages. His first post was on Aug 10 when STRL was at 12.70. If he was so good, why wasn't he posting with the stock was 17 or 20.

      As for the "we" comment, why aren't the other "weees" also bashing the stock? Probably because they don't exist. The guy is hoping that this stock falls and probably is second-guessing his poor investment decision.

 
STRL
4.66-0.06(-1.27%)2:21 PMEDT