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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Anthony@Pacific who wrote (61072)10/21/2000 11:18:13 PM
From: KevinMark  Read Replies (1) of 122087
 
Right on! The single most corrupt incident the NASD pulled was with EMLX. They single handedly allowed the institutions to steal 2.5 billion from investors within a 2 hour time span.

It's funny how they stopped trading when the stock had already lost 65 points, only to allow the institutions to open the stock back up 85 points higher than where it was halted, and then only traded a tenth of the day's actual volume. Please explain that to me! If that's not the single most corrupt incident the NASD has ever done, then please by all means, somebody post other examples.

I thought Washington was corrupt, they have nothing on these guys @ the NASD. BTW...has anyone asked themselves why they halt stocks in the 1st place? Why not let the market determine what the real fair value of a stock is, than halting the stock and allowing the institutions to short each other's shares.

Wake up guys and smell the coffee, NASD. Their are suckers born everyday, but the investment community is quickly catching on to your tactics. Everyone has to pay the piper sooner or later! That includes your pathetic organization that's out to rape the common investor. It's your choice as to when you will pay.

KM
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