Silicon Investor (SI) -- The First Internet Community

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.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (13848)	6/24/2000 10:03:00 AM
From: JMD	Read Replies (1) \| Respond to of 29987

Art, re: "In this case, it appears he didn't have access to ANY information at all, but used his position in the investment community as a way of influencing price fluctuations for his own benefit or for that of others, and indirectly for himself." What a wonderfully polite way of saying that Snyder is a complete buffoon [but we already knew that]. Fraud on the market vs. insider trading--thanks for clarifying. The two are quite distinct. Pragmatically, I'd think 'fraud' would be easier to prove in a court of law than 'insider information', just because the latter is so slippery (what did you know, when did you know it, etc.) Do you know if anybody has been successfully prosecuted under the 'fraud' laws? The number of obvious front running trading in the last month is just staggering. I'd think somebody is gonna get popped, but silence so far. Thanks again. Mike Doyle