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Technology Stocks : Globalstar Memorial Day Massacre

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To: nzlsixty who wrote (381)7/31/2000 2:30:43 AM
From: Maurice Winn  Read Replies (1) of 543
 
nzlsixty, I got some free legal advice by email...My reply is the first part. Everyone reading this could be in the conspiracy so you should surrender to the CIA if an alien and the FBI if an American. I quite fancy the idea of being a God so thought I'd publish it...
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Subject: Re: Immediate Global Conseco Short Squeeze Dehypothication

Jeez Mitchel, that's "dehypothecation", with an e, not an i. Don't you lawyers know nuttin' [assuming you are a Noo Yawk lawyer which I know is improbable but I suspect the Noo Yawkers like this stuff more than lawyers in Preoria].

The whole aim of the GGMDM and subsequent short squeezes was to teach people how to spell hypothecate. We are now trying for Thanksgiving [I think that was the latest one].

Okay, thanks, I'll post yours! Free legal advice is always gratefully accepted. Now I've learned a bit more about conspiracy in the USA.

I'm going to decline your advice because, being a Good Kiwi Joker, I expect nothing less than the CIA and NSA to be after me. It's demeaning to make do with the FBI whose jurisdiction doesn't extend to aliens. I should really be categorized as a foreign spy and cyber economic terrorist than a short squeeze manipulator and common felon. Maybe you could put in a good word for me with the NSA.

Thanks for the help,
Maurice
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From: Mitchel J. [name deleted to protect the guilty]
To: <mqurice>
Subject: Immediate Global Conseco Short Squeeze Dehypothication
Date: Sun, 30 Jul 2000 21:54:35 -0800

As an attorney, I feel that I must advise you against your smug self-assured
attitude that you have done nothing illegal with regard to the Globalstar
Memorial Day Massacre. In general, I agree that you have done nothing wrong,
but your defense rests on the fact that you pitched it for a time when the
markets were closed, far in advance, and the comical manner in which it was
presented leaves little room for doubt that it was a joke. Whatever doubt
remained was resolved when the markets opened, and Globalstar continued its
lackluster performance. HOWEVER, Conseco Dehypothication Short Squeeze, is a
horse of another color. (That's colour to you!)

The Conseco Short Massacre was presented in the most serious of
publications, called for immediate action on a specific date, and generally
cannot be regarded as an attempt at humor. (Humour, you know.)

The problem arises from American conspiracy law. Strangely, in the United
States a conspiracy is an agreement to do an illegal act or a legal act in
an illegal way. And the members of the conspiracy do not have to know one
another, nor does the agreement have to be explicit. In positive terms, a
conspiracy can be a implicit agreement between people each of whom does not
even know that the others exist. Indeed, the Conseco conspirators probably
look upon you as their guru, their inspiration, their God, if you will. Alas
and alack the S.E.C. and the F.B.I are more likely to look upon you as a
co-conspirator.

For this reason, I suggest to you the following course of action. Notify the
F.B.I. immediately that you are aware of a large conspiracy to manipulate
shares of a publicly traded company. Tell them that on advice of counsel,
you are concerned regarding your own criminal liability. However, you are
willing to trade: in return for immunity from prosecution, you will tell
them everything you know about the cabal. Since in general, the F.B.I. has
no designs on you (yet), they may just go for it. Get it in writing. When
you have the immunity agreement in hand, whip it out! Not that! Whip out the
ad from the Wall Street Journal and tell them the truth, which I suspect
goes something like this: I promised to tell you everything I know about
this conspiracy, and this (to tell the truth) is all I really know about it.
End it with a friendly "have a nice day" or better yet, "No worries, mate!"
and you are good to go.

With tongue firmly in cheek,

Mitchel J. xxxxxxx Esq.
a lurker in S.I.
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