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

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To: peter michaelson who wrote (90076)1/26/2005 1:50:47 PM
From: Pluvia  Read Replies (2) of 122087
 
like you, i wasn't judging the behavior for legality, only morality. it's not just that he accepted the hospitality, but he involved his wife also. i don't think this is what "scam busters do"

in my mind when you and your wife accept the hospitality and the guy's stock, you're entrusted and have given your word to work with this person... if you get home, call authorities, give them the stock and the guy gets busted... different story...

but to keep the stock, profit from the stock sale, and the short sale, and do everything to get the guy thrown in jail? there's no honor in that...

i think you can both bust scams AND act honorably...

>>Isn't this pretty much what scam-busting shorts do when they are most successful? Is it illegal somehow?

The part that seems immoral is accepting the guy's hospitality and pretending to go along with him. Seems very two-faced, dishonest - bad sportsmanship at best- and I wouldn't like anyone who did it personally. But that's a matter of taste.

I'm looking for the illegal part though. I 'd like to know if there something illegal in that scenario?
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