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Well put!!!
The whole "insider trading" stuff is a load of crap. ALL the big boys
profit from insider trading. I mean it's real hard for attorneys (and
others) to have off shore accounts and buy the heck out of a comany
they are working as a takeover. Yeah right.. real hard. How do these
people with Million dollar a year incomes have 20 million dollar homes
in 10 or 20 places around the world??? I remember quite a while ago
saying "How many yachts can you waterski behind"? Much to my amazment
I found that lots of people have SEVERAL 15 to 40 million dollar
yachts around the world. The insider trading laws are just there to
keep the little guys at bay so the "big guys" can chow down. What is
it the Queen Mother says "Only little people pay taxes". I surmise the
"Insiders" (the ones listed in Barrons, WSJ, IBD, etc.) are true
insiders who have the "insider trading"
mainly to themselves.
Regards,
Gary
---Ira <ist@xxxxxx> wrote:
>
> This thread is getting old. Everyone is talking about market
> manipulation. What do the good old boys do in the pits when they run
> the stops or jump on thin markets for their own benefit?. What about
the
> big firms that make markets in stocks and manipulate the spreads and
> have hundreds of brokers call their clients to drive a stock up so
that
> they can unload their inventory? what about the analysts that will
> follow one company and therefore it runs and has a play when another
> company that is as good or better languishes? What about the
specialist
> that will cross a block, take all the book between the current price
and
> the cross price and then take a big piece of the cross? And everyone
on
> this list would love to have the financial power to move a market so
> that it would let him profit from it. This holier then Thou attitude
> just doesn't digest well. Everyone in the market is looking for an
> edge. So don't cry if the government is looking to cover its A-- so it
> can keep on collecting the pay checks and deliver the pork. Ira
>
> steven poser wrote:
>
> > I am hearing that the rally is all caused by Hillary Clinton. She
> > figured why trade cattle when you can buy spooz for $250 a point?
> >
> > Steve
>
>
>
>
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