Friday, October 23, 2009

VLEN - Pennystockguru Initiates Trade Investigation and Report To SEC

One 2,000 share trade made VLEN rise 1,140% on Thursday.  This was a trade of obvious manipulation. It is surprising that the company is not looking into this. We have decided to take the lead on this blatant attempt to artificially inflate the share price of VLEN.

Who in their right mind would purchase a stock that was just trading at $.0013 for $.63? Let's hope VLEN was not behind this trade, although an investigation will reveal the ring leaders behind this 2,000 share trade.  We don't expect VLEN to issue a public release as they did when their share price dropped on a $.13 trade.  When a share price is manipulated to the benefit of the company there is no reason for them to cry foul.  But the Pennystockguru won't let this one rest.  We have filed a formal complaint to the SEC, and you can do the same.

Below is the link you can utilize to file a complaint about the obvious share price manipulation for VLEN.

Let's put an end to the manipulation and report these egregious trades to the SEC!

http://www.sec.gov/complaint/cf942sec9570.htm

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