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Pastimes : SI vs. iHub - Battle of the Boards Part 2

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To: drknowbody who wrote (2584)5/24/2001 10:25:32 PM
From: CountofMoneyCristo  Read Replies (2) of 5315
 
Oh my. Patience, my boy, seems to be lacking. I think you just unmasked your motivation for everyone here to see. Wow, that did not take very long now did it.

If a portion of the commissions I paid to brokerage firms was kicked back illegally to a site then I have a very strong case for damages, as that is in flagrant violation of securities laws. I know many traders who trusted colleagues at sites, and later learned that they had been manipulated through undisclosed, back-alley agreements to defraud them. Many of them are among the best traders in the country. They are most certainly not "dumb." If I were, then I would not have at one point had over 400 traders playing my recommendations every day as was the case at Trading Places, before I resigned in protest.

Here is the next argument I have been expecting: the "sour grapes" argument that I am incompetent. My record indicating otherwise notwithstanding, that is truly beside the point. I could be the most incompetent day trader in history and that would not change the facts one bit: brokers and sites have massively defrauded day traders for many years and they are liable for massive compensatory and punitive damage awards against them for organizing securities fraud. Whether one makes good or bad stock market recommendations, whether one is an outstanding or deficient trader is absolutely irrelevant to the question of whether one as been defrauded. Your argument is about as logical and sound as saying a murder victim deserved it because they went out for dinner in the wrong restaurant. And, in my eyes, it is characteristic of those such as we have seen here who believe ethics, integrity, morality and following the law should take a backseat to a battle of egomaniacs in the quest for domination over others.

Sincerely,

Olivier L. F. sser
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