Pinnacle Activity Ticker
MASSIVE GOLD MINER MANIPULATION!
This is a copy of my e-mail with Jim Sinclair! And his reply! I was complaining to him about the manipulation I sit here and watch day after day in the gold miners in Canada! I have been trading only gold miners for 7 years and watch them -with level 2 quotes -every day!! I have even complained to IIROC about this to no avail! Why aren't you people reporting on this subject? Why isn't someone doing SOMETHING about this atrocity!!! It's not only me seeing this!!!
D E CARON
---------- Forwarded message ----------
From: James Sinclair
Date: Fri, Jun 15, 2012 at 4:26 PM
Subject: Re: I need your advice!
To: David Caron
On Jun 15, 2012, at 6:56 PM, David Caron wrote:
> I just spent the last week watching these these shortsters do bear ATTACKS on all these miners! The same broker houses OVER & OVER again!! Do you know of other poeple seeing this stuff??
> Am I imagining this crap???
> This just reeks of desperation big time -They are the only sellers out there!
>>> My dear extended family:
>>> TNX closed in Canada at C$4.97 on more than 500,000 shares.
>>> TRX was trading at $4.92 seconds before the NYSE/Amex close on good volume.
>>> Someone entered a "market on the close sell," order that was bigger than the average days trading, to close at $4.11 on the NYSE/AMEX timed at 4:05 PM, five minutes after the official closing bell.
>>> My more than 50 years in the investment business tells me that this was a short whose only intention was to manipulate the price to benefit some aspect of his position and had little to do with option expiry.
>>> As you know the fundamental progress of our company has been excellent this year.
>>> As you know our cash position is fine.
>>> I know of no change in that positive trend.
>>> I am angry at manipulation.
>>> I am angry at the failure of our NYSE/AMEX specialist to conduct an orderly market.
>>> I am contacting all regulatory authorities and exchanges complaining and asking you to do the same for the family.
>>> The contact is as follows:
>>> SEC - http://www.sec.gov/complaint/select.shtml
>>> Amex - http://usequities.nyx.com/customer-support
>>> Please help me defend us, our good company, our employees and the country of Tanzania with whom we have made a unique full partnership transaction. We will not let some ego manic behind a computer play with us like this. I believe with no attention to rules or regulations. It is time to fight back. You can be assured I will to the fullest of my experience, position and ability.
> On Fri, Jun 15, 2012 at 2:06 PM, James Sinclair wrote:
> Stand strong
> Do not panic.
> The shorts are panicking
> On Jun 15, 2012, at 5:04 PM, David Caron wrote:
>> What is your best guess as to what will happen to gold stocks on monday? This last week and especially the last 20 minutes of fridays trading was a GONG SHOW!!!!!
>> I NEED TO PREPARE!
>> Is it just me -or do these bastard shortsters have an ENDLESS supply of minor miner stocks to sell? It just doesn't stop!
>> CIGA FOREVER DAVE!