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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Dee Jay who wrote (2227)8/28/1998 8:10:00 AM
From: Cube  Read Replies (1) of 18998
 
DeeJay,

First of all, The SEC will investigate your claim with all the sincerity and effort that it took them to send you that automated e-mail response. Second, if they do investigate, they will look at Mr. Pink's recent hit list. They will find, as will you, an incredible number of correct calls. Not just price, but companies that DID have accounting problems after totally denying them. If Mr. Pink never uncovered any actual accounting problems then you might have a case for violation of the SEC's "Mechanical Methods" clause. Problem is Mr. Pink has found some way to smell something rotten in 10Q's 10K's and other forms filed by public companies. I don't know how he does it, but he does it.

If calling the SEC makes you feel better than that is a good thing if you are long in this market. Just thought you would appreciate a little dose of reality as to the facts that will be found with even a cursory investigation.

Best of Luck

Cube
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