Last edit: Agree, but why would anyone use thi
Post# of 149874
Agree, but why would anyone use this to manipulate the market? Thats an assumption, if you have proof then report it to the SEC.
That theory is weak at best. It’s more than likely that it’s a glitch and someone is taking advantage of the trade. Maybe some longs jumped back in and shorts covered their positions. As I pointed out this could be legitimate information and is legally allowed to be updated through data sources. If this was a coordinated effort I’ll make sure I’m the first one to contact SEC to open an investigation. I highly doubt the data was manipulated just to make some money. It’s like doing a murder then leaving a note saying you did it. Oh wait Andrew left pretty much did that nevertheless…
As I stated and showed you a SEC filing is not technically needed. This was my original counter argument which you so eloquently also added it would bring it Wednesday for a filing due to 10 percent holding.
Like I said I had a list of exceptions to the filings there are more. Here’s my favorite.
Shall I go into the fact that the shares can actually legally change hands, not triggering a filing due to “The deal not officially being recognized”? Talk about vague.
Here is chat for you, I bounced off of it and also looked it up. It’s a solid source.
“This is outlined in the SEC's 13D and
13G regulations (17 CFR § 240.13d-1 through § 240.13d-102), particularly in relation to transactions that are pending or not finalized. The key part is that filing obligations can be deferred if the transaction is subject to conditions or has not yet been recognized as completed.“
I can keep going but I think you get my point there’s always an exception.