Morning All, I haven't confirmed it yet and still
Post# of 16816
Morning All, I haven't confirmed it yet and still trying to, but some other investors we know are saying that Mikey501 may have been arrested !!
I know most of you recognize the name and have seen him on our iHub board from time to time, but he is a pumper and dumper, he has particularly abused BCAP in the past.
Many of the huge share counts you have seen on the bid and ask have been him, many believe he is in collusion with some/several MM's to stack the bid and block the ask with those huge amounts. When you have seen my comments about large blocks go that he was selling to himself with different accounts thru different MM's.
Folks were saying a few months back that the SEC was on his trail, maybe they just caught up. Let's hope so.