Agoracom Blog

SEC Inquiry Into Bear Stearns Stock Manipulation Vindicates Small-Cap Stocks

Posted by AGORACOM at 10:56 AM on Wednesday, March 19th, 2008


Paul Kedrosky reported on this story from Bloomberg earlier today. The relevant part for small and micro-cap investors is the following:

The SEC’s probe is unusual because most of the regulator’s stock-manipulation cases focus on penny stocks.

This just goes to show you that penny stocks are not the bad guys behind stock manipulation cases, they are the victims. The bad guys are the ones that take advantage of the masses through manipulation for the sole purpose of their benefit.

A small victory for small and micro-cap stocks today.

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