AN ARTICLE YOU KNOW WELL DAN. I WILL USE CAPITAL LETTERS SO YOU UNDERSTAND. HERE IS A QUOTE FROM THE ARTICLE:
"You can also pump junk-stocks, of course. Check out Steven Muth, for example, some broker-type who submitted "an offer of settlement" to the SEC after it heard complaints that he, "in concert with others," had "fraudulently manipulated Creative Host's stock price from $0.78 to $29.00 between November 17, 1999 and June 15, 2000, a gain of 3,618%, even though Creative Host operated at a net loss during this time period." How did he do this (allegedly, of course)? One method was to hire "promoters to tout the shares on the Internet." He made (again, allegedly, for Steve did not admit or deny the charges as part of his settlement) about a million bucks from these maneuvers, which may or may not have happened."
MUTH WENT TO THE SAME BOILER ROOM THAT YOU USED TO TOUT AS BEING A GOOD PLACE FOR INFORMATION. SCHNEIDER SECURITIES BOILER ROOM WAS CLOSED DOWN BY THE REGULATORS AS YOU KNOW FOR BEING A BOILER ROOM.
AS FOR THOSE CAPITAL LETTERS IN POSTS INVESTORS WOULD HAVE BEEN WISE TO LISTEN TO THEM IN THE THREAD ON SI KNOWN AS
Whodunit? CHST CREATIVE HOST SVCS market manipulation
Subject 34868 |
