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Pastimes : Investment Chat Board Lawsuits for Pros – moderated
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To: Kevin Podsiadlik who wrote (96)4/17/2005 1:45:40 PM
From: rrufff  Read Replies (1) of 120
 
If I use your definition, then your entire post is a lie.

Why are you so afraid of investigations? Include the workings of crooked management, "tools" such as toxic financing, front running, insider sales, touts, etc. I'm not just for going after hedgies and shorties who manipulate. I'm sure the crooked connections are not based on whether one is long or short. The guru case showed us how quickly a manipulator can go from being short to flat or even long. If he can "create volume" to get followers, it doesn't matter if we are talking about a bottom shorting chat room group or a bunch of sheep following a tout.

You guys just seem so afraid of this thing. That's an opinion and the level of effort to make it look like a "witch hunt" bolsters my opinion.

The SEC didn't dispute anything. It was pretty fair and left the door open for much discussion on both sides. Frankly, I think the response does itself a disservice by attacking the SEC. I'd prefer to thank the SEC for at least recognizing the issue, look for it to support further review and further to bring the entire system of equity market regulation into the 21st century with comprehensive Congressional investigations.
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