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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Kevin Podsiadlik who wrote (6955)1/28/1999 5:14:00 PM
From: Anthony@Pacific  Read Replies (1) of 122087
 
WS Clearing tried to box all RACE shares and bought 900,000 shares through CYGNET securities at an average of 17 when the stock started to tank the word leasked ouyt that they needed money badly..I quicly withdrew about a million and still had anotrher million or so but by the time the SEXC chained up the doors I had still 700K left inside ..since I wss in the elevator going up to see Bill wheni heard the bad news ..trhe SEC was already there and I went in and still tried to get my money out...Alas..I couldnt do anything ..i then Publicly disclosed that the stock that put WS out of business was RACE and the stock quickly tanked to a buck or two within th eyear that followed ..toi this day I have an outstanding claim against WS Clearing and judgemnt for the 700K...

Nice manipulation by me huh?? BTW I should have shorted the hell out of it at 11 and 12 but I decided not to trade based on the knowledge I had gained by being a correspondant..EOM
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