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Strategies & Market Trends : Banned.......Replies to the A@P thread.

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To: SI Dave who wrote (2463)1/24/2005 3:31:51 PM
From: olivier asser  Read Replies (1) of 5425
 
Did I read that right? 300 subscribers at $600 per month? Wow, that was some serious cash flow!

YES. So why did AP cross the line? That was a very good living giving securities recommendations. Why tilt the industry illegally? Someone here said greed. That was surely a factor. Another one, maybe not only money but also power and control over public perception. With that many subscribers and posts on the Net there was vast influence over the marketplace, in this case, now proved beyond a reasonable doubt, in aid of a corrupt enterprise.

Dave, there's no arguing that AP didn't disseminate his picks at SI. That's not illegal but if he was trading against his public picks then I'd say we have a problem, one of the charges that bothered me the most, because that's not what Tony promised readers of his SI thread.

As HGM and I said, after this case hopefully SI can fulfill its vast promise, traders and investors researching together to get to the facts. That's up to every member, to make it what it can be. As I said, you and Bob have certainly done a very good job making research expedited about 1,000x with the wonderful search tools. Posts that used to take me days to track down now can be found in 30 secs.
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