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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: Jeff Dryer who wrote ()9/21/1996 4:41:00 PM
From: Greg Dickie   of 308
 
I read the article by Chelikis, as the many other articles which he has written. It was these articles which lead me to thing that he was an "independent" analyst who would be reliable so I subscribed to his E-Mail service. I have been getting it for 2 month. I have never seen such a load of crock in all of my life. The guy calls down the "promoters" of this world, when he so clearly falls into this category. He gets paid by companies to promote them by "reviewing" them. You will note that he never says anything bad about them. He gets paid $9,900 US by them so obviously is doing quite well. My question is - where is his loyalty. Is to to these companies, or to his subscribers who want independent assessments. I now ignore all of his advice, as do my fellow investors. This was reinforced by his occasionally picking out one of his successful choices, to the ignorance of all ofthe bad advice. Look at Fleck Resources as an example. What a load. He gave not sign of making any assessement and his articles simply quoted other people who obviously had self serving interests, or made vague analogies. He then tries to call down John Kaiser, who does a proper job of looking at the real facts. Kaiser has it all over Chelekis, who is nothing more than a promoter who uses his subscribers to assist him in promoting the stock that he is paid to promote. Hopefully more see through him as well since people like him should not be allowed to hold themselves out as being knowledgeable, independent advisors.
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