Charles, please see posts #15 and 16 of this very thread, above. I quoted #16.
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Because I was told, yesterday and today, by two ISEG employees that it is one of their customers. Need any more proof than that? Right out of the horses mouth. It also appears that this customer has a boat load of shares on hand. He/she/it continues to dump at the ask at ANY price as long it is at the top. This is blatant stock manipulation.
here's my letter.
Quote:
To whom it may concern,
There is rampant manipulation happening everyday in every market. I know you don't have the manpower to cover every single trade in every single stock, but I would hope that when enough investors bring it to your attention that would then act upon it.
I know that you have received many emails and phone calls on SiriusXM(SIRI) being manipulated. I wanted to add my name to the list of dis-heartened shareholders.
I am not a pro-trader or a wall street guru but something that is blatantly obvious to anyone that watches active trading is the manipulation of this stock.
I was going to go into a long explanation of how they are putting up 100 block trades 10% below the current ask, bottlenecking the system until their 100 block is grabbed, thus bringing the price down and allowing for them to accumulate more shares to cover their short positions of their client(s).....but I don't have to explain it to you. You're the SEC, you understand how market manipulation works.
I PROMISE you that if you look at the tape over the past month on trading in SIRI, you will find an incredible amount of problems. It's best to actual view real time since a lot of what happens never makes it to the tape. I mean that they are also putting extremely large blocks up at specific points and dropping them never to be seen again as soon as their 100 block trade goes through.
This is not a good time for the SEC to keep playing the 'ostrich with their head in the sand' routine, you need to act on this.
Please, help the retail investor from this manipulation.
Thank You for getting this into the proper hands,
XXXXXXXXXXX
Under The Freedom of Information Act, is ISEG obligated to release the individual name who is manipulating this stock? Need someone who can interpret the act.
http://www.usdoj.gov/oip/foia_update...II_4/page2.htm
I sent mine reworded:
To Chairman Shapiro and staff:
It is to my belief that the SIRI stock is being manipulated all day everyday lately!
Watching the Level II charts, I've noticed trades are consistently being executed under the bid/ask prices posted.
International Stock Exchange is the culprit.
Everytime the stock price has a nice run-up, ISEG throws very large block up (all or none qualifier). Then, trading halts, the bid comes down as a result of a diminished buying power, and the block disappears!
A man named Shaun at ISEG seems to know what is going on.
This is not fair! Many of us our losing a lot of money. Please open an official investigation and help end the manipulation! You are suppose to be protecting us.
If I got that call, it would be one of the greatest moments of my month. I would tell him to stop doing the manipulation, and well stop reporting it. Other than that, you can kiss my A**. This call to you confirms its validity, and wants the truth to be squashed. Thanks for more verification, as if we needed any.
I would say, hey bro, and I would say bro, because it would piss him off, you handle your business, manipulating stocks illegally, and Ill handle my business, and thats reporting it when it happens. Goodbye.
ISEG doesn't learn, they continue the games in AH trading.
You gotta go over to the SIRI Yahoo message board. The wacky posters there are having a field day on ISEG's behalf.
http://messages.finance.yahoo.com/St...mview?bn=22318
Just to clarify, I did not receive a phonecall.
those guys are nuts and giving us a bad rep imo.
they've been terrorizing ISEG all day, which isn't so bad, but some don't even know what they are calling to yell at. people are just posting stupid threads like call shawn at xxx-xxx-xxxx. people are like, 'who's shawn?' or 'what are these numbers for?' and they don't give them a straight answer.
i'm sure they are just calling, saying something stupid and hanging up.
some are good over there, others are a lost cause and i'm ashamed to be associated with them in any way.
Tell who ever contacted you that we will stop when they give up the person who is manipulating the stock. Until then, we will be relentless. Although I am sure they are monitoring this site and will read it here anyway. Do they think we are playing games? I am not. I have lost a huge sum of money and it is going to stop.
I posted 2 videos of SIRI Level II in this thread......do you see manipulation?
http://siriusbuzz.com/forum/showthread.php?t=1652
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To: CHAIRMANOFFICE@sec.gov
Cc: enforcement@sec.gov; help@sec.gov; HelpDesk; Hightower,
Jeanine; *Precise
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Sent: Thu, 19 Mar 2009 22:03:03 -0400
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Forwarding and deleting doesn't make you blameless Tanya Khutorsky!
They are guilty as hell and they know it.Now they refuse to even open emails and are just deleting them. Too bad they don't know i have that info as well.........no one is getting away with feigned ignorance...if they want to steal my money...they are going to have to kick my ass in an alley somewhere! I am keeping the heat on with these azzholes! I care not who doesn't like it! Charles...if you have an issue with the legitimate complaints we are filing.....I will leave the site. We have done nothing wrong, immoral, or illegal....it is the people involved in running ISEG that know what is going on who are commting a crime! As a matter of fact...I see no difference in wat they are doing and allowing ....from what Bernie Madoff did....only they are hiding behind thier company name and refuse to face the music! The screen shots that were taken pretty much prove what we all have said.....your move ISEG....we're waiting! I hope you can all look yourselves in the mirror when you go home and sleep well at night! If you do it just confirms you're a soulless prick....and that includes whoever is spying on us here for you.....money is wonderful to have...and to use for good....selling your soul for it is something else...and I should know...I was once blinded by Wall Street dollars...but my wonderful wife woke me out of my slumber and made me realize what really mattered! May the lord have mercy on your lost souls!
There is a post from that Hartleib guy on the YHOO board at this link. Trying to decide if he's a total douche or not, but he posted about the ISEG topic.
Link:
http://messages.finance.yahoo.com/St...34&tof=3&frt=3
they threw his case out on siri so now hes finding his next target this guy is a trip lol, at least he will be leaving siri alone now.
Trip,
You have no clue. You can't even buy a clue.
Without reading the link ,my guess is its about his efforts which started prior to October 2008 with the same exchange/clearing house.
hes not a quack, imho......hes one pissed off shareholder about all this type crap..what hes discovering is its pretty much a rigged game that the suits normally win as they have there way with shareholder cash...the sad part of it all is its " legal "
this naked shorting has been taking place for years and the government cares little about making any real effort to protect the shareholders.
if you dig deeper into the hedge funds, news media, broadcasting,media publications, music and tv. its easy to find partys with their fingers in all business areas. all owned or controlled by a single corporate entitie. this is where the real manipulation starts and its all perfectly legal. they can arrrange or say anything they want as long as its done in a thrid party context, using there own media machine which may even be based offshore..
Keep sending the letters and emails.........maybe, just maybe your voice will be heard and acted upon..