I want to start off thanking you for the great and honest news coverage you provide on a daily basis. We have tumbled into difficult times and any voice of reason that echos through the darkness will only help.
I write to you today carrying a message from small investors in this country who appear to need their voices heard... but a little background first.
I am an active-duty Soldier, a small business owner, and most recently (past year) an investor in common shares of several companies I believe in. I invest - as do many of my compatriots - in companies I believe portray the best of what corporate america should offer our society. Now to the reason for my plea for help -
As I became more involved in the investment bulletin boards and community at large - I became greatly appalled at the manipulation taking place in our markets. Unfortunately - I am not nearly as learned or eloquent as my investing friends - but I am 100% convinced that illegal manipulation of common shares for quite a few companies is taking place. Luckily - as you are likely aware - legislation is underway to reinstate "the uptick rule" and many of us are hopeful it will at least HELP our situation.
Now - I don't know if you have a brokerage account or can have a member of your staff pull up the charts for this past week - I am hoping you can. If you could take a moment of your time and check out the past week's chart for just SIRI ie. Sirius XM Radio - you will note one very blatant characteristic - HUGE spike drops in the share price - usually followed by a drop in the overall level of the share price for that day. These spikes are caused by huge block trades of MILLIONS of shares of the common stock. These spikes are being caused by manipulation through an entity called "ISEG" and much of the manipulation is complemented by a corrupt group called "Nite Trading Group." Each day - both ISEG and Nite Trading Group are causing hard working Americans to lose their hard earned money - money they planned to invest in the rebuilding of America through Sirius XM Radio.
Many of us have contacted both ISEG and Nite Trading Group directly and are being continually ignored. One of our brightest was even directly transferred straight to a law-firm in order to kill any further inquiries.
I would greatly appreciate any assistance your team could provide. There is much better explanation and open discussion of the situation on a site called "SIRIUS XM BUZZ" where many of us post continually and discuss the complete details of the manipulation. We have even video-captured the manipulation taking place as evidence.
I thank you for your time and implore you to check out the full description of the issue posted where I noted above,
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Active Duty Veteran, Small Business Owner, and Investor