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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Bruce A. Brotnov who wrote (9353)7/9/2002 12:27:13 PM
From: Dave Gore  Read Replies (2) of 16631
 
Bruce, thanks for pointing out irregularities. IMO, we need to just keep bringing these things in the open and collecting a few and then e-mailing the authorities.

As a trader or investor, all we can do is either stay away from these stocks or go with the flow (or should I say, go with the criminals). I don't like the later alternative much. I want the brokerage houses prosecuted as well when their are aiding the shorts or longs in any devious way.

I watched Goldman put KG on their recommended list at $38 a few months ago. Tell me they weren't shorting into their recommendation!

07:43 ET King Pharms (KG) 37.99: Goldman Sachs upgrades to REC LIST from Mkt Outperform (NOTE: stock recently went to $17+).

Maybe what we need to do is E-mail brokerage Presidents like Goldman and then C.C. the SEC, DOJ, Eliot Spitzer, etc. whenever we spot stuff like this. Because let's face it, they are either manipulating or really stupid to put stocks on their Recommended List that drop by 60%!

Do they really think the general public is stupid! Who would trust their money with manipulators or idiots like this! Losing 60% of some poor guys money on a stock they put on their RECOMMENDED LIST! You've got to be kidding! LOL!
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