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Microcap & Penny Stocks : Zia Sun(zsun)
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To: VoyK who wrote (5687)11/12/1999 9:47:00 AM
From: StockDung  Read Replies (2) of 10354
 
The only independently verified records of Wade Cook's trading success are the documents that Wade Cook Financial Corporation is required to file with the Securities Exchange Commission.

Despite repeated requests of subscribers to Wade Cook's WIN network.
Despite repeated requests of Wade Cook Financial shareholders.
Despite repeated requests of skeptics who do not believe Wade Cook can make a consistent 300% annual return.
These filings are submitted under oath, and required by law.

So, what is the true record of Wade Cook's own trading? Look at this excerpt from his last income statement. Somehow, in trying to apply Wade Cook's trading principles, the pros at Wade Cook Financial Corporation managed to loose $804,000 during one of the greatest bull markets in history. A skeptic might ask: If Wade Cook's own traders can't make Wade Cook's methods work, then how can a student?

We can confirm that Wade Cook made millions last year. However, it was not from trading securities. While company profits increased by an impressive 17% last year, Wade Cook's direct royalty fees increased by an astounding 228%. By raiding the company treasury, Wade Cook increased his net worth by $10 million while leaving only $9 million for the company and it's shareholders.

garywall.com
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