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Pastimes : Can SI Members Really Manipulate Stocks?

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To: Just My Opinion who wrote (162)8/2/1998 2:28:00 PM
From: Mama Bear  Read Replies (1) of 461
 
anyone, the thing that you don't understand is that "fraud" occurs when money changes hands. One such fraud that the SEC has recently closed down was a company that claimed to be a time machine company. They claimed that if they were unable to invent the time machine, that the company would use the time machine in the future to send the plans back to them once they started the company. It would not be fraudulent for them to claim to have started such a company. The fraud occurred when they accepted people's money as an investment. There are too many people who would have reported someone to the SEC for posting that the entire idea was ludicrous, and that anyone who invested in it should have their heads examined.

It is not speech that is illegal. Receiving money under false pretenses is. Again, I would like you to explain your vague challenge, that you have referred to so many times, but seem to be unable to detail.

Barb
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