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SIGNPATH PHARMA INC Message Board

  • axpkocop axpkocop Feb 28, 2013 12:18 PM Flag

    Crooks

    The SEC has brought charges against investors for trading in Zhongpin Inc. (HOGS) and Nexen Inc. (NXY) before deals in the past year.

    Six Chinese citizens and Prestige Trade Investments Ltd., one of Zhongpin’s biggest shareholders, made more than $9.2 million in profits on “eerily well-timed” purchases of calls and stock in Zhongpin before the company’s chairman proposed taking the Nasdaq-listed company private, according to a court filing by the SEC in April. U.S. regulators are still investigating the case

    I was short the call options and all my shares were called away. Lucky for me the stock market has been generous since my shares were stolen so that lessens my pain.

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