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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: VAUGHN who wrote (2985)1/18/1998 5:03:00 PM
From: Buckey  Read Replies (2) of 11676
 
Vaughn; I found this over on Stockhouse which is a summaary of a recent conviction. I guess it is not total lawlessness. However, as I have stated in my opinion only because I cannot substantiate the claims, CC and Yorkton in particular daily conduct trading in illegal and certainly unethical ways.

Message 3199171

I gave further thought to the "conflict of interest" thoughts. If trading houses are in the business of buying and selling securities for their clients, should they be allowe to trade at all with house accounts?? food for thought.

If so then why not have fuller disclosure as I have posted before on each and every trade. A trade should indicate if it is a client or a house transaction. I also beleive that short and insider sales should be indicated at the time of the transaction. The brokerage houses have access to more information than we do and this is in complete contradiction to the priciples of the market. A massive short selling in a given week by a particular group is information that could affect the price of the stock and should be fully disclosed immediately by those selling. The law and the regulations are very gray here.

Anyway, That is my blurb for the weekend. Looking forward toanother solid week
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