Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.600

-8.5%

3:59 PM EST

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To: BinkY2K who wrote (8196)	8/1/2001 11:08:25 AM
From: Hank	Read Replies (1) of 10293

About the AREM tactic- In light of the recent article posted by Bill, it would seem that the AREM tactic of reissuing shares is just a ploy to obfuscate the reality behind their phony accounting. They want to force a squeeze in order to give all the longs a chance to bail. Otherwise, you can bet a shareholder lawsuit is next. I'm not sure that all trades are done legitimate. In fact, I'm sure there are people breaking the rules all the time. The Street is a crooked game, just like a casino, and anybody that isn't aware of that is looking to get raked over the coals. That's why sound long term investments in good companies are the only investments that offer any margin of safety. Trading is fun but it's a game of odds. You have to think like a bookie to win. If I sell short a stock, I can not guarantee the market maker that represents by broker isn't shorting naked on my behalf. Should I be punished for this? Only MM's have the power to pull this off, not investors like those that post here.

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