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15:03
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Originally posted by SpaceWalker
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I am a small investor and I hold GXY stock. For any investor to become a 5% shares of a company is a material event that's why the law required that it must be disclosed. If the same shareholder becomes a non-shareholder in the next few days and then becomes a 5% shareholder once more makes the events even more serious. IMHO it's an attempt to manipulate the stock price by sending conflicting signals to the marketplace. These trades must be investigated. Morgan Stanley and MUFG must be asked to clarify their trades or the exchanges should stop them from trading the stock going forward. It's the responsibility of the regulators to protect the interest of the small investor. They cannot absolve themselves from this responsibility. By not stepping in I believe they are siding with the big boys.
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I dont think MS or MUFG have done anything bad; they acted like day traders and there is no law to forbid anyone to be day tarders or short term traders.
