View Single Post
  #20  
Old 12-17-2005, 03:13 PM
GrannyMae GrannyMae is offline
Senior Member
 
Join Date: Sep 2002
Posts: 3,449
Default Re: SEC probes Doyle

[ QUOTE ]
Guilty of submitting a fake bid to buy WPTE for over double its (at the time) current value in an effort to drive the price of the stock up so that he, or people he was affiliated with could profit from the spike on the news, and then sell before the collapse.

[/ QUOTE ]

judge, jury and executioner??

do you not agree that the bid was so high that it is UNlikely to have been bogus considering the obvious flag it would raise?

do you understand that if beale was part of the group, getting $700mil would have been no problem?

wpte will value at that level within a year or two.
Reply With Quote