Wednesday, 12 May 2010

The SEC charges Peter Grabler and Leonard Adams

Right, Peter Grabler and Leonard Adams have been charged by the SEC 'for engaging in illegal short selling of securities in advance of participating in numerous secondary offerings to make illicit profits.' More here.

I suggest you follow the link. I'm trying to work out if Grabler and Adams were in it together. Were they confederates? And if so, did someone put them up to it? The SEC doesn't make it clear: 'In separate orders issued by the Commission.'

But great minds think alike! Arthur Conan Doyle says: 'Were they confederates who pretended to work apart, but who each received identical orders from some person at a distance?'

Someone else was involved!

I have been speaking to award-winning financial psychic Keith Busby about this. Unfortunately, he doesn't have a great mind, but let's not hold that against him. He said: 'Michael, Grabler and Adams? Bad vibes, man. Very bad vibes. (Keith, mate, what's your gut feeling?) They were working for Jack Pickles. (Yeah, that's what I'm thinking. Jack is that "person at a distance". The Cayman Islands, to be precise.) And does he care now that his two employees have been busted by the SEC? Does he hell! He's a heartless man, Mike. (He's evil, Keith.) He's a bastard.'

Jack is a bastard.