|
PureBytes Links
Trading Reference Links
|
Nice thought maybe true......But and by his own words soon to be release to
the public. If he really does have insider information and you buy the
stock. Guess what your now guilty of insider trading. Penalty is 2 and half
times the money you made but can't keep plus a possible prison term.
Serious enough?
Robert
At 10:05 PM 10/12/1999 -0700, Alexander Levitin wrote:
>It is common and widespread fraud to buy a stock in the obscure thinly
>traded company and then "spread the word" about the company in hope to
>induce others to buy the stock and if the price go up to unload the stock.
>In most cases the stock is not worth more then the company - just a penny.
>
>Some times the manipulators could enlist the "honest man" to do the "dirty"
>job for them. Those "enlisted" usually not sophisticated in the world of
>securities and whole heatedly belive that they save the world by spreading
>the scam.
>
>I hope that present case is an exception to the rule or, in the worst case
>scenario, our messenger doctor is one of those innocent victims.
>
>
>At 12:11 AM 10/13/99 -0400, DStan34930@xxxxxxx wrote:
>><<<
>>This service is not meant to 'spam' stocks. So I won't.
>>>>>
>>
>>Then what is your motivation to have us contact you privately?
>>Why not simply name the stock and your reasons for your
>>speculation of it's success?
>>
>>dbs
>
>
|