To: President Donald Trump, The New York State House, The New York State Senate, Governor Andrew Cuomo, The United States House of Representatives, and The United States Senate
Criminal Hedgefund's illegal shorting and individual investors are getting Killed
Cyclacel Phrmaceuticals (CYCC) shares are manipulated by Hedgefunds using Naked Shorting andalso staging a PUMP and DUMP
Why is this important?
Why individual investors lose all the time? - Company news are leaked to Hedge funds and top financial institutions and major holders of the company - This is illegal and criminal.
Company Name: Cycacel Pharmaceuticals
This is about Cyclacel Pharmaceuticals (Nasdaq: CYCC) . The company has a outstanding shares of only 17 million and out of which 16 million is the float.
Similarly ARNA, DNDN have the same issue.
The stock price was at 3.20-3.40 for the last 3 months with an average volume of 350,000 shares.
From September 18th to 23 2013, the average trading volume was 3 million and on 20th September, the trading volume was 8 million and more than 5 million was sold short.
The price jump in 2 days was from 3.40 to 5.60 and even on the day it reached 5.60 it went down quickly.
If this is NOT pump and Dump, then what is PUMP and DUMP?
We are filing a case and have copied the US Senators and US house to show that SEC is not taking any action against the Hedge funds and Financial institutions.
We believe the following hedge funds are involved in this criminal manipulation supported by the company Board of Directors and Management.
Redmile Group, LLC
Tang Capital Management, LLC
Allianz Asset Management AG
Perceptive Advisors LLC
Vanguard Group, Inc. (The)
Susquehanna International Group, LLP
Barclays PLC
Invesco Private Capital Inc.
Morgan Stanley
Geode Capital Management, LLC
We also want all major financial institutions who hold brokerage offices to be investigated - including Wells Fargo, Morgan Stanley, Charles Schwab and JP Morgan & Goldman Sachs.
And a few Mutual funds maybe involved in PUMP and DUMP and Abusive Short selling
Vanguard Total Stock Market Index Fund
Spartan Extended Market Index Fund
We also filed a case with FINRA and Market Regulators and again no action had been taken so far. We called the company and the company did not reply to our emails and we left a voice to the investor relations and no one had called us back.
We, individual investors are constantly creamed by this criminal manipulation and we want a put an end to this robbery. As each and every day passes, the criminal hedge funds are using that opportunity to create huge selling pressure and illegally shorting to keep the value down and force margin calls and profit through illegal shorting.
We are planning to submit a high level document with all signatures of shareholders to investigate this manipulation.
We DEMAND ALL TRADES ( ALL TRADES) that happened from September 16th to September 24th 2013 to be thoroughly investigated and find out who is behind this criminal shorting/Naked shorting and manipulation.
We cannot wait for 2 months or 6 months because in 2 months, the hedge fund companies would have KILLED all individual investors and no one would be left to file a complaint.
THIS MUST STOP and WE CANNOT TOLERATE THIS.
We urge the SEC chairwoman to take special notice to this complaint or we will have to take this complaint to the higher authorities including the Senate and Congress.
We also demand an investigation in to CYCLACEL Board Directors and management and their relations with the hedge funds on this unusual PUMP and DUMP in the last 1 week.
We called Cyclacel Pharmaceuticals & sent emails - NO response from them. We believe Cyclacel Pharmaceuticals may be involved in leaking the news to major holders of the company shares and hedge funds. Prior to the press release on Thursday evening, the number of shares traded were very high and the hedge funds involved in shorting knew very well that the company will not release additional news and started DUMPing and shorting shares at 5.60. This is criminal.
Why Cyclacel has not released any updates on the RMDS or any other trials? The company is criminally shorted again and we strongly believe the company is working with the major holders in this criminal manipulation.
Again the criminal manipulation started from October 2nd 2013. Why is the SEC not investigating all the trades from September 21st 2013? Criminal manipulators are using the govt shutdown to "Naked Short" and illegally short more shares. This NONSENSE MUST STOP
SEC TCR1380041819453 ( several complains filed)
FINRA: Filing ID: 2238825 (Several complaints to Pat.Clem, FINRA)
SEC and FINRA had not taken any action.
SHUT DOWN SEC AND FINRA - NO USE
INDIVIDUAL INVESTORS ARE TIRED OF LOSING - Mr.President- we don't need words. We need action. The SEC chair person is completely useless.
We want the Market regulations- FINRA to be dissolved because Patricia A.Clem has not taken any action and SEC Chairwoman has not taken any action.
We are planning to hold demonstrations & give this petition directly to the White house and explain the manipulation.
Company Name: Cycacel Pharmaceuticals
This is about Cyclacel Pharmaceuticals (Nasdaq: CYCC) . The company has a outstanding shares of only 17 million and out of which 16 million is the float.
Similarly ARNA, DNDN have the same issue.
The stock price was at 3.20-3.40 for the last 3 months with an average volume of 350,000 shares.
From September 18th to 23 2013, the average trading volume was 3 million and on 20th September, the trading volume was 8 million and more than 5 million was sold short.
The price jump in 2 days was from 3.40 to 5.60 and even on the day it reached 5.60 it went down quickly.
If this is NOT pump and Dump, then what is PUMP and DUMP?
We are filing a case and have copied the US Senators and US house to show that SEC is not taking any action against the Hedge funds and Financial institutions.
We believe the following hedge funds are involved in this criminal manipulation supported by the company Board of Directors and Management.
Redmile Group, LLC
Tang Capital Management, LLC
Allianz Asset Management AG
Perceptive Advisors LLC
Vanguard Group, Inc. (The)
Susquehanna International Group, LLP
Barclays PLC
Invesco Private Capital Inc.
Morgan Stanley
Geode Capital Management, LLC
We also want all major financial institutions who hold brokerage offices to be investigated - including Wells Fargo, Morgan Stanley, Charles Schwab and JP Morgan & Goldman Sachs.
And a few Mutual funds maybe involved in PUMP and DUMP and Abusive Short selling
Vanguard Total Stock Market Index Fund
Spartan Extended Market Index Fund
We also filed a case with FINRA and Market Regulators and again no action had been taken so far. We called the company and the company did not reply to our emails and we left a voice to the investor relations and no one had called us back.
We, individual investors are constantly creamed by this criminal manipulation and we want a put an end to this robbery. As each and every day passes, the criminal hedge funds are using that opportunity to create huge selling pressure and illegally shorting to keep the value down and force margin calls and profit through illegal shorting.
We are planning to submit a high level document with all signatures of shareholders to investigate this manipulation.
We DEMAND ALL TRADES ( ALL TRADES) that happened from September 16th to September 24th 2013 to be thoroughly investigated and find out who is behind this criminal shorting/Naked shorting and manipulation.
We cannot wait for 2 months or 6 months because in 2 months, the hedge fund companies would have KILLED all individual investors and no one would be left to file a complaint.
THIS MUST STOP and WE CANNOT TOLERATE THIS.
We urge the SEC chairwoman to take special notice to this complaint or we will have to take this complaint to the higher authorities including the Senate and Congress.
We also demand an investigation in to CYCLACEL Board Directors and management and their relations with the hedge funds on this unusual PUMP and DUMP in the last 1 week.
We called Cyclacel Pharmaceuticals & sent emails - NO response from them. We believe Cyclacel Pharmaceuticals may be involved in leaking the news to major holders of the company shares and hedge funds. Prior to the press release on Thursday evening, the number of shares traded were very high and the hedge funds involved in shorting knew very well that the company will not release additional news and started DUMPing and shorting shares at 5.60. This is criminal.
Why Cyclacel has not released any updates on the RMDS or any other trials? The company is criminally shorted again and we strongly believe the company is working with the major holders in this criminal manipulation.
Again the criminal manipulation started from October 2nd 2013. Why is the SEC not investigating all the trades from September 21st 2013? Criminal manipulators are using the govt shutdown to "Naked Short" and illegally short more shares. This NONSENSE MUST STOP
SEC TCR1380041819453 ( several complains filed)
FINRA: Filing ID: 2238825 (Several complaints to Pat.Clem, FINRA)
SEC and FINRA had not taken any action.
SHUT DOWN SEC AND FINRA - NO USE
INDIVIDUAL INVESTORS ARE TIRED OF LOSING - Mr.President- we don't need words. We need action. The SEC chair person is completely useless.
We want the Market regulations- FINRA to be dissolved because Patricia A.Clem has not taken any action and SEC Chairwoman has not taken any action.
We are planning to hold demonstrations & give this petition directly to the White house and explain the manipulation.