Monday, September 22, 2008

Dear SEC: Would You Take a Look at Trina Solar? (TSL)

I know you've got a lot on your plate right now but a time-and-tape analysis of TSL from 3:55 p.m. EDT to 4:01 p.m. EDT on Friday September 19, 2007 suggests someone was desperate to buy the stock, which jumped 14% in those six minutes.

I bring this to your attention because this type of action suggests a short-cover and my question is:
Was this the cover of an illegal short-sale?

I suppose I could ask the lady attorneys to take a look via discovery but you have something I've always envied: Subpoena power (power, power, power).
Thanks in advance.