June 25, 2005
I'm in the process of reading your comments to OTC investors regulating selling short on pink sheets and it's manipulation as well as devastation to small companies.I couldn't agree with you more and I would like to take this opportunity to ask you to please review the last 4 to 5 months of transactions to a stock which is now on the pink sheets (due to such manipulation). Please review Osprey Gold (OSGL.PK) and comment (if you are allowed).
I firmly believe that this stock has been manipulated from .60 cents to $1.05 last year and then back down again to 2 cents and less. It can fluctuate from 1.5 cents to .09 cents in one day and then trade from .02 cents to .05 cents on a regular basis. Each time it settles, millions of shares trade and then it's right back up or down again. It's almost predictable. I believe these transaction are being handled by the same groups buying millions and then unloading the next day. Please check this company for wrongdoing as I would hate to see such a good stock be destroyed.