Steve he stated that is was an investor in the recently repurchased floorless (I congratulated him on a very nice 40% profit, he must have laughed inside knowing that on top of that profit he probably made another $20 MM on shorting the stock, but this is conjecture, not a fact <VBG>), he mentioned that some of his limited partners (those accredited investors that gave him funds to manage so adroitly) where not appreciating being called "bandits". When asked where did he get my name, he said that the Nasdaq has set up an investigative branch to look at postings on the net and that was the source of my name. When I asked for his Nasdaq contact, he became quite rude. I do not appreciate rude people, so I did not push. I am not a licensed broker (well, for a year I was a "Broker Dealer" in New Hampshire in connection with a private placement, but that is not in the usual "broker" sense>) so, I am not under the Nasdaq jurisdiction, I am assuming that some of what he told me was the result of an over fertile imagination.
I think that the important point of all this episode is that some of those investors do have a moral compass and profits per se are not their goal if these are achieved through what I (and probably some of these investors) consider immoral (while quite legal) transactions and they may be withdrawing their money, there would be no other rational reason for that call. This, as far as I am concerned, my two years campaign against floorless bandits is bearing fruits and unless someone finds a legal way to muzzle me, I will continue.
Zeev |
