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  • ReneSola: Secondary Offering Pressures Shares [View article]
    Hi Zach: I found your blog (this is not an article) to be more about trying to create fear than being informative. Which tells me that you are not truthful, and very likely attempting to sway opinion to the negative so as to profit from a position. To wit, you use phrasing such as:

    "the company along with several key shareholders, filed to sell about 8.15 million ADSs to the public"; and

    "The stock is under pressure because it appears management is going to go through with the offering even though the price is much lower"; and

    "I was at my desk scouring the news wires to try to figure out why SOL was quickly dropping when my phone rang. The call happened to be from a particular contact of mine from Oppenheimer which is one of the companies that has been hired to underwrite the deal".

    Each of the above comments is designed to instill questions, not answer them, which is a prime tactic used to create concern and fear in the reader. Also, I challenge you to post the name of your contact at Oppenheimer who purportedly "called" you out of the blue just as you were mucking around for dirt on SOL. I hope you realize you are playing on the fringes of the SEC Insider Trading rules with this comment you posted.

    Please refrain from thinking you can manipulate the "retail traders" with this sort of blogging. You, of course, are free to blog as you wish, but to do it in the guise of altruism is just not what your true motivation is. Plain and simple, you are just trying to make a buck, and you will do anything to skew the odds in your personal favor.

    Have a good weekend.
    Jun 13 14:52 pm |Rating: 0 0
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