May 7, 2009
5/7/2009 Today is a good example of how the short hedge funds and investment bankers can manipulate the shares of common shareholders. citi bank opened up .55 and before 1pm the specialist and mm's had taken it down -20. I am sure this was not retail investors selling.
How can america recover when this is allowed to happen. Somone needs to set an example and stop the crooks from stealing investors hard earned money. I understand there are 1.23 bill shares sold short. I am sure the sec has the ability to find out what is going on.
Thanks in advance
David Baldwin