Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Bill Wexler who wrote (89736)	1/25/2005 8:06:03 AM
From: Pluvia	Read Replies (1) of 122087

very good points, i agree 100%. looking back at the evidence and knowing a little about how ap's mind worked, the reason strictly imo tony started going after these bad trades ie the thin traded obvious frauds but stocks you obviously shouldn't short based on volume... he was trying to produce a "supply" of trade ideas when the market got slow, and he was doing it any way he could. when the market slowed it was harder to make good trades and there were fewer trade ideas.... so i'm guessing most of his income came from website fees. thus, his focus was keeping the business running and in true elgindy fashion, he broke the rules to make himself money. What really strikes me as ironic about this situation is that - ultimately - the information that Tony received from the FBI agent was - IMO - of little or no value. Tony was shooting against thinly traded stocks which were prima facie frauds and promotion schemes. Exposing their CEOs as criminals would do little, if anything to move the stock price. It's too bad. I don't understand why he felt compelled to take sleazy shortcuts and resort to being a con artist. Truth be told, he could have probably ended up making a ton of money in this business if he played by the rules.

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