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


To: peter michaelson who wrote (76399)5/24/2002 12:20:13 AM
From: Bear Down  Read Replies (2) | Respond to of 122087
 
yes, it is a shame that many honest short sellers will be painted by the strokes of tony's brush.



To: peter michaelson who wrote (76399)5/24/2002 12:38:35 AM
From: Captain Jack  Read Replies (1) | Respond to of 122087
 
peter michaelson -- <<"The reason I find short-selling attractive is that one can make a good living while also doing something for others.">> Well, a long investment does the same. Either way anyone goes on a company is only to make a few bux. Either way is acceptable and within the law.
However-- once outside the law one deerves all he gets,, probably at least double in our court system today.
"I am sorry about this indictment because more people will be victimized without Tony being around to stop the scams." I am overjoyed IF it is proven he is the scammer & victimizer he is accused of being! A thief is a thief no matter how you look at it. He is accused of being one of the biggest and breaking many laws to do so.
"I am at loss to find the damaged parties here, although I promise to listen carefully." One does not need to listen at all--- just THINK! Investors, employees, customers, are all negatively impacted so he can make a few bux,,, and he is accused of even scamming those that paid for the privilage. Sadly, our jails are not on the same level as those in many other countrys,,,,, but Bubba often finds some guys 'cute' and do to them what they have done to others,, ;-]



To: peter michaelson who wrote (76399)5/24/2002 12:57:50 AM
From: TheLineMan  Read Replies (2) | Respond to of 122087
 
Excuse me, shorting a stock while some poor sod is buying it without knowing that it's a scam doesn't help the poor bastard. If Tony made his info public first it might, but then he wouldn't make the cash he did. So don't tell me shorting on inside info is a public service. If you want to help someone warn first short sell later.

The main point, is he used illegal means to glean information for his enterprise. Information to which no one except the FBI was priveledged to. Doesn't that give you an advantage over every other trader? Weren't other traders hurt too?

The second point is the extortion racket. If he accepted stock to stop spreading negative information - aren't people hurt? Blackmail is a crime, if I know someone commited a crime and extorted them - I would be harming the public.
I doubt that Tony was/is concerned about the public - I think his motivation was always money. Having said that he was a damn good short seller. Why would he go that far?