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Hello John
Nice to hear from you again
Ben
----- Original Message -----
From: <jvc689@xxxxxxx>
To: <Realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, August 10, 2003 2:16 PM
Subject: [RT] Caveat emptor
>
> This is a brief synopsis of due diligence Recently experienced. I saw a
> post about someone who claimed a 100% plus profit for 2002. I knew from
> past experience that this person offered a service so I inquired further.
>
> What I found out was:
>
> 1. Yes the 100% plus for 2002 could be validated. However I found it odd
> that the purveyor of the service only used $20,000. Odd because the
> person claims to have made substantial sums trading commodities.
>
> 2. There was also a claim to have made 294% from 1994 to 2002. At first
> blush that sounds terrific as an average of roughly 36% per year. At the
> same time there must have been some lean years considering the 2002 year.
>
> 3. When the issue of why no greater investment than $20,000 came up and
> did that mean there were other places his money was placed, I was
> ridiculed for asking questions which I thought I had every right to ask.
>
> Needless to say, I abandoned ship and the added pettiness that was brought
> up by the vendor.
>
> So be careful out there.
>
> For the sake of confidence, I will not identify the person.
>
> Sincerely,
>
> John
>
>
>
>
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>
>
>
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>
>
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