Mr. Anthony@Pacific I would like ask you some of questions. First I have been a lurker on SI for the last year, your Tokyo Joe stuff has finally made me break down and get membership.
You said to the WSJ reporter "Mr. Elgindy regularly issues his own stock recommendations, and operates a Web site (www.anthonypacific.com), but he said he's not concerned about running afoul of securities laws. "I always post what I'm about to do and then I buy it later. I'm not worried one bit," he said.
Are you really being truthful with your comments to the reporter? Don't you post to your private members first? You have "said" you take a position after, you make the recommendation, right? But isn't it true after you make the recommendation on your private site, you come to Silicon Investor and tout your short recommendation? Isn't it true that before you post your short recommendations on Silicon Investor you have taken a position in that security? Won't you benefit by "long" holders of the stock panicking and selling shares? Isn't that the intent and effect?
Are you and Tokyo Joe simply different sides of the same coin?
Don't you simply profit by first taking a position, (whether on your site first or as an individual first), then after your position is held, don't you post after that fact, on Silicon Investor, to effect the price for your own profit? And isn't this the exact thing you assert that Tokyo Joe does? Are you any different? Does you site get the information after SI? Or Before?
Please look at your quote above, and my questions below, don't you want to tell us something else? Joe from Tokyo, Anthony from Pacific, seems the same, doesn't it?
:thegreaterfool |
