I will answer this post one last time and try to answer each point .
1.)I do not run a short website, I do use a private site that is noise free, to be entertained and do reserach with and among friends, In addition ECNC was brought into the private site by someone else entirely, I had never heard of it before that time. We on the site talka bout a various number of topics from Films to politics to the stock market.Its a really nice place to avoid the nonsense on message boards , with people who seem to share the same interests , The site is closed to new members and you can get in only by a referral.Its really quite simple .
2.)I didnt decree anything, I concluded that the Pres was false and misleading , that was my opinion based on really exhaustive research. I firmly stand behind my conclusion. I can lose money or make money based on trading with the info I derive independantly.as is the right of every investor. I f I am wrong then I guess I will lose money,its really quite simple.
3.) I suggested and have alwyas suggested that no CEO of any BB stock should ever be believed, It is just something I have learned to be more true than false and .his own press releases confirm that is an appropriatte position to take.
4.) I cannot control anything, other people say about me. I can only control what I say .so the Fattmatt point is irrelevant.
5.) Admitting I have a short position is responsible and while im under no obligation to do so. I did it anyway. If I wasnt short what motivation would I have to do all this research and subject myself to such abuse.
6.) I like short selling , ( most of my trades are private and occasionally when I see a obvious abuse like USAT and or ECNC and or IRID, and stuff like ETYS and the such, I get very vocal..This isnt to help me,Ill make money either way, It is done as a service to the public. I used to retail garbage stocks like ECNC as a Stock Broker , I know garbage when I see it and , I believe in my heart and in my heart that this deal is garbage. I can say that It's My constitutional right to do so.Many on the private site hate it and dont do it, many trade just longs and many dont trade at all. My likes and preferencs arent forced or suggested for anyone. Shorting is risky , cause if you are wrong.you can lose lots of money. I lost over 1/2 million in QGLY before it finally collapsed as a failure of a compnay, I lost over 1/2 million shorting SOLVEX before the FBI finally raided them, Its part of the game, By being an outspoken short or long, you may get attention you may not.BUt people should look at the information , The company is currently backpeddling, on two press releases and is trying desperately to play stupid, The Powerclick release they havent even adressed.
7.) It is a fact that is undeniable That I have helped the Government, I would like to think that It would be appreciatted and not used against me. Every time I give the Govt anything , Im acting as a Private Citizen , If they use the info, ONLY THEY KNOW IT, I dont find out till the whole world finds out, I dont have any connections as you stated , I simply have dealt with them and , believe I have a good working knowledge of Securities Laws, and that is why I also targeted Tokyo Joe. If I think the informatiuon is not really blatant I dont send anything. BUt I never know what they will use and what they wont . The number one source of SEC actions comes from COMPLAINTS from the private sector, ( Thats you and me )
8.) As far as my brother is concerned, if you want to blame someone blame me, I have never once involved my family in anything related to WallStreet and my activities here. My brother doesnt trade and doesn't do anything for me , except callme a few times as any other brother would. He is good kid who has his own life and you are truly reaching for straws, by bringing him into it.I am very proud of my brother and he is one of those people who has never ever cared about Money and he works very hard to help those who are in need. I have learned a great deal from him, BUt trading isnt one of them.
9.)As far as the comments on ECNC, ther were no market makers showing on ECNC and it was odd, I was simply making public my observations that were on Bloomberg.Your assumption that I had inside info ,is ridiculous.
10.) As far as the lawsuit is concerned , I know what its liek to be the victim of false press , I bought AVCO long last year at 38 bucks after the announced a new DSL service, Ths stock was halted , becazuse of the dramatic rise in the stock to 38 bucks and aftyer it resumed trading I sold it at 4 dollars and took a loss, based on the fact that the Compony , was forced to re-issue the news in a more clear manner, which stated that they didnt have any new type of DSL service. ( in that case I was a long who got screwed by the Compnaies PR machine ). I am the lead plaintiff because I was a shareholder. In ECNC's case the longs are the victims , so it seems, the stock may resume trading or it may not. I offered some condolences to those who got hurt in ECNC and referred some of them to the lawyer who handled the case in which I lost due to a companies bogus claims, These lawfirms arent stupid, They evealuate quickly if they have cause and tehy make a determination if their is reason to sue or not, because they bear the burden of all costs in the litigation. So once again, a false assumption is quashed.
My backround has nothing to do with Trading or doing research, I posted what I found to be true. I did it for free, and I did it Constitutionally.
You have no case, and trying to litigate because someone posts statements that are true is dumb and dumber.
Not once do you adress the actual facts of the reports, the stock being paid to Jorgenzack, mannys activities , the fact that the Compnay is a little office with nothing to it..the powerclick 10K / a day claim and the rest of the report..Furthermore , you have insinuated and attacked the credibilty of The SEC itself, which is intolerable to me.
I have recieved mesagews and PM's thanking me for my timely info on ECNC, they have repeatedly .stated that they are happy I said something and hapy I shared the info. Because you chose to ignore me as a short seller , that is your problem. I `suggest you learn how to do research properly, A)READING PRESS RELEASES IS NOT DUE DILIGENCE!
B.)TALKING TO GUYS NAMED MANNY ON THE NET IS NOT DUE DILIGENCE.
C.)BASHING CRITICS AND DRAGGING THEM THROUGH THE MUD ISNT DUE DILIGENCE.
D.)BEING LONG ISNT MORE DESERVING OF PROTECTION THAN BEING SHORT
E.)PEOPLE WHO DO RESEARCH BECAUSE THEY STAND TO BENEFIT FINANCIALLY BY DOING RESEARCH, WORK HARD TO BE TRUTHFUL, AT LEAST IN MY CASE.
F.)UNLESS YOU CAN POINT OUT WHAT FALSE STATEMENTS HAVE BEEN MADE, YOU HAVEN'T A LEG TO STAND ON.
G.) GO BACK AND REVIEW ALCO INTERNATIONALS LAWSUIT AGAINST THE SHORT SELLERS FOR 1.2 BILLION and teh SUIT THEY FILED AGAINST THE SEC.. YOU Will SEE THAT YOU ARE BARKING UP THE WRONG TREE
H.) THERE IS NO WAY YOU CAN JUSTIFY A 1-3 BILLION DOLLAR MARKET CAP..IN THIS JUNK STOCK
"DUMB MONEY" go ahead spend some more....... |