Sorry Liza, but you got this one wrong. Employees - no, Trustee - Yes.
From Whiting Trust I Official Web site:
"AUSTIN, Texas--(BUSINESS WIRE)--In view of the unusual market activity in the trust units of Whiting USA Trust I (NYSE: WHX), the New York Stock Exchange has contacted the Trust in accordance with its usual practice. The Trust stated that its policy is not to comment on unusual market activity."
Paragraph 2: Blah, Blah, Blah.
Whiting USA Trust I
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mary Jo Davis, 713-483-6792
He may be 100% correct, but I'd like to know when he shorted and if he added to his position just before the piece came out. The guys at Seeking Alpha seem to print anything, god knows if they edit any of it. Fuerstein is another basher they seem to like, he did a number on APRI that was totally false and the stock tanked because of it. As my daughter says, rags, rags, they should be burned! This stock will be paying a decent divi for another 2 yrs, so what's the problem. If u like good divi's , buy AGNC or NLY. I have owned both for many years, but sooner or later, some smuck will degrade them also. Seems to me , if u want to pump or bash any stock, you have no position in that stock, period. This guy was getting burnt and manipulated this stock, pure and simple. I'm LONG, and still making a profit inspite of guys like this. Hope SEC checks when he shorted. NOT!