The Final Frontier - Online Remote Trading 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.

Strategies & Market Trends : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote (6740)	3/19/1999 10:12:00 PM
From: BradC	Read Replies (1) of 12617

<Remind me to start an email service will you?:> Good idea! Tokyo Joe reported today he now has 1240 members. Membership fee is $100/month. According to some simple arithmetic that's $124,000/month or $1,488,000/year. Wow, this is serious money, not to mention the fortune that can be made by the insiders front running their own picks. What is remarkable about this phenomenon is that once a critical mass is reached these stock pickers can actually move any stock they want as their herds of mindless followers buy into the picks. This gives the picker a self-fulfilling credibility and keeps attracting even more members who are willing to pay to follow someone they know can move the market and on it goes. I guess there have always been advisers with loyal followings but instant internet communication today has given this business a new life of it's own and I'm not sure there's much the regulators can do to rain on the party.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next