Confessions of a MM spook.
First off, Janice, thanks for posting that. I look forward to reading your "Penny Stock Hyping for Dummies with the David Gore Foreword".
In all candor, I must publicly confess to one of the heinous crimes which Mr. Gore so cleverly uncovered. I realize that I'm opening myself up to SEC investigations, class action lawsiuts, and hate mail from the David Gore Fanclub, but I need to able to sleep at night.
> SI has become a place where PM's are the only safe way to >communicate ideas (and some think SI is selling PM information to >Market Makers).
As a student, I've been supplementing my income by selling David Gore & friends' many posts to MM's. That may seem hard to believe, but when DLJs, Salomon SB, CSFB,Merrill Lynch's, and Morgan Stanley's arb desks are looking for the inside scoop, they tend to find the SI penny stock hyping threads to be a virtual money machine.
Sadly, I'm the crook that intercepts, collects, and sells that information. Nothing is sacred, nothing is holy, nothing is secret anymore. The wise trust no one for everything has been compromised.
By hacking SI's encryption, I have also gained access to the many PM's that DG uses to communicate to his unsheared flock and even those awaiting a second shearing. The MM's and arb desks pay top dollars for the juicy morsels of investment advice contained in those. With that inside scoop, they then leap to profitably destroy such solid companies as CYGS, MTEI, etc..
If I could I have one thing in this world, it would be to find a honest way to make money. Until I can find an alternative, I must continue in my wretchedness. I hope society can one day forgive me.
Gotta go, I've got to get this morning's "Best of Dave & Buds." out to the MM's, arbs, and evil hedge fund mgrs.
Mr. X |
