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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (45181)	10/13/1999 10:33:00 PM
From: David Petty	Read Replies (1) \| Respond to of 122087

Fatt Matt, <I never ever trade before I pick a stock >... that would be sorta impossible... David II

To: Matt Brown who wrote (45181)	10/13/1999 10:35:00 PM
From: Lola	Respond to of 122087

Then why have there been people who did exactly what he's doing who paid multi million dollar fines and some even served long jail terms? These people were the Tokyo Joes of the Internet before Tokyo Joe could afford a computer. Has the law changed? The reason the SEC might not shut him down right away is maybe there's more to the picture than just Tokyo Joe. Maybe there's bigger fish to fry. He can't be doing all this himself. I doubt some guy with a PC can make stocks move like this all by himself. NO way . . . he's not that bright . . . from my PM you know how I know he's not that bright. Nothing against Daniel but would you let him do your homework for you? LOL. Check the facts yourself but also understand that the SEC can't reveal alot of things like how they go about catching criminals. Lola:)

To: Matt Brown who wrote (45181)	10/13/1999 11:11:00 PM
From: Don Pueblo	Read Replies (7) \| Respond to of 122087

There is a semantic problem here. "Front-running" is defined legally as a broker (or a brokerage firm) taking a position in a stock and then hyping it to their clients in order to make money. This is one of the sleaze tactics that was used by firms prior to the Securities Act of 1934. If you are a broker, you can get in some very serious trouble if you get caught front-running. It starts with losing your license and gets worse from there. If you are not a licensed broker, then "technically" it is not front-running. The phrase has come to mean 'anyone who does it' but in fact, the legal definition has to do with licensed professionals in the securities industry What Anthony is talking about is doing the same thing as a private individual; buying a stock and then telling a bunch of other people to buy it, watching it run up, and then dumping it. TJ has been doing this for years and he is not shy about telling people what he does. His assertion is that it is "not illegal". We'll see what the government decides... Without getting into a legal argument about it, you can easily decide whether such tactics are ethical.