JB Oxford, Lombard, Etrade Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : JB Oxford, Lombard, Etrade

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Martin Wormser who wrote (79)	11/9/1996 10:26:00 PM
From: Frank Wesley	of 396

TO MARTIN AND OTHER: I JUST RECEIVED THE INFO FROM MY FULL SERVICE BROKER AT MERRILL LYNCH. HE SENT ME SOME MATERIALS FROM BLOOMBERG. THE THINGS SERGIL POINTED OUT WERE ALL TRUTH. THE GUY IRVING KOTT HAD BEEN FINED FOR MILLIONS OF DOLLARS FOR MAJOR SECURITIES FRAUD IN NETHERLANDS AND CANADA WHERE HE WAS BANNED FOR DOING BUSINESS. THE FORMER NAME OF JB OXFORD WAS RKS FINANCIAL AND IRVING KOTT AND HIS SON ARE STILL THE OWNER AND MANAGERS OF THE FIRM. THEY WERE INVOLVED IN STOCK MANIPULATION AND THEIR IPOs PLUMMET MORE THAN 50 TO 80% IN ONE DAY. THERE ARE STILL SOME PENDING LAWSUITS. SCARY!! MY FRIEND USED TO HAVE AN ACCOUNT IN JB AND THE BROKERS THERE TRIED TO PUSH SOME NEW "HOT ISSUES." MY FRIEND WAS TOLD TO BUY THAT IPO AND HE IS OBLIGATED TO SUPPORT THE STOCK AFTER GOING PUBLIC BY BUYING THE EQUAL AMOUNT OF SHARES AT A MUCH HIGHER PRICE. HE ALSO MENTIONED ABOUT ITS JB ONLINE SERVICES THAT THE TRADES WERE FILLED AT BAD PRICES AND SOMETIMES EVEN DISAPPEARED. CALL UP TO COMPLAIN... THE PEOPLE THERE ARE SO RUDE AND MANAGER WERE OUT FOR LUNCH DURING MARKET HOUR. I PLANNED TO OPEN AN ACCOUNT WITH THEM..BUT NOW....NO WAY!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next