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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Apollo who wrote (33429)10/20/2000 12:25:19 PM
From: tekboy  Read Replies (2) of 54805
 
OT (but of particular concern, perhaps, to our thread surveyor)

I was stunned to read this comment in the WSJ today, especially in light of our thread survey question and the similar contest over on the Porch:

"When [15-year-old online tout Jonathan] Lebed predicted--without any basis, according to [SEC enforcement chief Richard] Walker--that a stock would climb to $20 from $2, or that it would increase 1000%, he clearly violated the law. 'If someone puts in a recommendation with a price prediction that a stock will double, and he doesn't have a reasonable basis, that's illegal,' Mr. Walker says. 'That's the easy case.'"

could this really be true?

tekboy/Ares@andifso,canIsueIdandTinkerformyRMBSlosses?.com
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