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Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit -- Ignore unavailable to you. Want to Upgrade?


To: Dr.MensaWannabe who wrote (386)6/30/2001 9:31:32 PM
From: Graystone  Respond to of 3143
 
A Done Deal
or
Schoolyard Truths

I was not referring to the lawsuit but to the presentation of the facts and the impression that many posters must have formed of Mr. Asser in very short order.

People need to remember that neutral isn't hostile and requests for information are not intended as attacks.

Once an image solidifies, it is very difficult to remove.

I don't think there will be much in the way of information forthcoming until the name of a law firm is published. If that happens then Mr. Asser could possibly become the lead plaintiff in a class. I would imagine that would depend upon the response of this community . The ball is definitely in Mr. Asser's court.



To: Dr.MensaWannabe who wrote (386)7/1/2001 12:04:27 AM
From: jukkak  Respond to of 3143
 
Ollie may not be the only one with material evidence.


From Investors Business Daily, Friday, June 29, 2001, page B4:

Some Traders Are Making Hay By Day

..."Day-trading firms teach their clients to take a quarter-point or a half-point and get out," he said. "That's nonsense. Stocks move up or down more than that on most days. Let your profits run. If I had gotten out of Newport a few minutes after I made the trade, my profit would be a fraction of what I eventually made."
Chua thinks it's in the best interest of day-trading firms to teach hyperactive trading. "They make a commission on every trade you make, so naturally they want you to trade often," he said.