Comments on: Friday night goggles at ITT… http://www.footnoted.com/buried-treasure/friday-night-goggles-at-itt/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: vulcan http://www.footnoted.com/buried-treasure/friday-night-goggles-at-itt/comment-page-1/#comment-3558 vulcan Tue, 16 Oct 2007 03:12:13 +0000 http://www.footnoted.com/buried-treasure/friday-night-goggles-at-itt/#comment-3558 Is there rampant fraud in our system ? Someone bought TEK (160K shares !!) right before market close on Friday (at 3:59pm !). Significantly more than average trade size during that day. How come the SEC is not doing anything about such things ? A couple of times a year they catch some crook ... but I see this happening over and over again with stocks that make the big news. Little guys always lose. Is there rampant fraud in our system ? Someone bought TEK (160K shares !!) right before market close on Friday (at 3:59pm !). Significantly more than average trade size during that day.

How come the SEC is not doing anything about such things ? A couple of times a year they catch some crook … but I see this happening over and over again with stocks that make the big news. Little guys always lose.

]]> By: David http://www.footnoted.com/buried-treasure/friday-night-goggles-at-itt/comment-page-1/#comment-3556 David Mon, 15 Oct 2007 21:14:18 +0000 http://www.footnoted.com/buried-treasure/friday-night-goggles-at-itt/#comment-3556 Jeez. The inmates really are running the asylum. I suppose if I worked for a defense contractor I would be happy to see that no matter what amount of larceny my firm engaged in, the government would still have my back. A pox on all their houses! Jeez. The inmates really are running the asylum. I suppose if I worked for a defense contractor I would be happy to see that no matter what amount of larceny my firm engaged in, the government would still have my back. A pox on all their houses!

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