TG....
One of the people who I've gotten into the most fights with on SI has been Anthony Elgindy also known as Anthony@Pacific.
I undug all his past SEC violations, and every negative article I could find on him. I even posted his NASD records that included an assault charge on it when he was 18 for which he was NOT convicted. I also got calls from people who told me a lot of undocumented information and who had legal claims against him.
Tony had a very colorful past primarily that occurred in his mid twenties. My posting his NASD record got me "permanently" tossed from SI about a month before Tony.
Tony got readmitted, but while I was away I got accused of all kinds of wild untrue things by Tony's zealous followers.
Partly due to Tony's efforts, I was allowed back on SI with "super duper extra" probation by SI Bob. In so being readmitted I was told I could address the false accusations being leveled against me by Tony's followers.
This link is that post to the A@P thread.
Message 11618699
Tony and I had exchanged info before, but after my posts we had a lot of pleasant private exchanges. He even explained to me what prior mistakes in his life led to his settlement that included a recent short incarceration in a minimum security prison.
Now I relay this not to say that Tony is now an angel, but I do believe he learned from his mistakes. Anyone who has been through civil or criminal litigation has EXTRA effort and motivation NOT to run afoul again. Certainly there is residivism, but there is also a lot LOT more reasons to run the straight and narrow so as not to incur either the mental stress/ aggravation or the financial costs having to defend oneself against charges, especially when they're not true or as bad as described.
Now I have pointed out to you that Bruss was not found guilty, and the SEC wouldn't settle or have as had such protracted legislation if there case was as strong as the various reporter's reports.
I also pointed out to you that the settlements for Vogel, in the context of the business world, were very mild, even the ones in Maricopa County, Az plus also allowed Vogel to continue business with greater clearer required disclosures. Again the reporter's report in my opinion appear like more tabloid sensationalism in lieu of the remedies.
So you already know my positions on these matters, yet you harp upon them incessantly as if any one with any blemish is disqualified automatically without the slightest redress even if per legal definitions they were not even found guilty.
TG you sound like you live in a Kafka novel.
Regardless, getting back to Tony. If there is one person whose trading I wish I had emulated and who has been the most prescient on SI, it has been Tony.
I have witnessed the hypocrisy of your revered hero Zeev in action pumping crap like what use to JENA (or some symbol like that) for trades with his pseudo analysis. This company wasn't even reporting ,which wasn't required at the time, and had a bs b-model. Yet there was Zeev buying w/o any of the concerns he had for companies that have to report all the things that some companies don't want their shareholders to know.
The whole death spiral floorless debacle was a self fulfilling prophesy imo that a non-reporting company wouldn't have had to endure, since the fearmongering again imo induced the panic and sell off which, in turn, increased dilution.
Moreover, some claim to have evidence that those who converted the most shares were actively supporting some "bashers" to drop the price to create more conversion shares. One of these bashers was supposedly actively recruiting.
If you look at the registration statements you'll note that the group with the most conversion shares was "Basic Investments" which was a holding company for Bernie Deutsche. I was made aware of a couple unsavory things Deutsche did, and I trust the people who conveyed to me their accounts of what transpired.
But again that is all in the past, and unlike you I believe some people have many more reasons to learn from their past mistakes, then be so foolish as to repeat them.
Maybe that's just a difference betw. our world view or simply my attitudes are just a manifestation of my Christian beliefs.
I see no point in debating with you any further on this issue.
Have a good night again.
z |