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Celsion Corp. Message Board

  • alphamojo alphamojo Sep 13, 2011 4:06 PM Flag

    JP MorganHasNeverCoveredCelsion/$8.50TargetFalse


    When I became active on this Message Board after a long absense, I
    soon noticed the suggestion that J.P. Morgan had picked up coverage
    of Celsion and then had raised their price target to $8.50 from its
    previous level. Anyone who is circulating this information (as
    opposed to simply repeating what they read without seeking to
    validate the information) is commiting securities fraud. I was the
    director of research for a NYSE/NASDAQ, etc. member firm and I know
    what I am talking about in this context. Circulating false inform-
    ation about stock recommendations, especially purported recommend-
    ations from widely respected and well known investment banks such as
    J.P. Morgan is guilty of securities fraud. Anyone who made this
    information up and placed it on a message board would potentially be
    subject two years in federal penitentiary and be barrded from the
    securities industry for their lifetime. I checked with a close
    friend who was previously the Director of Research at J.P. Morgan
    and he cofirmed that the firm has absolutely no interest in Celsion.
    I informed Celsion's PR firm of this information several weeks ago.

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