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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (12995)	9/26/2002 4:26:17 PM
From: vampire	Respond to of 16631

<deadpan> He's doing it out of the goodness of his heart for the rest of us

To: SouthFloridaGuy who wrote (12995)	9/26/2002 4:45:11 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

True, I did lose some money initially on ESST and then changed to options mode and quick trades. On AKLM I wiped out my profits on the earlier run from $1.60 to $3, by holding it and suffering through one of the worst guidance changes I had ever seen. That's all true. But you don't know me very well. I am very prinicipalled. I expect a much fairer market than we have. We all pay tax dollars and with mine, one thing I want is better service in policing the Market. What really angers me is when we have regulations that aren't followed or policed, especially when things are so blatantly obvious. In the case of ESST and AKLM, I think there is a 99% probability that somebody was leaking insider information. No MAJOR SHORT PLAYERS short fundamentally undervalued stocks with such viciousness unless they know something negative. Well, they obviously knew something 3-6 months ahead of the rest of us. That also angers me. I don't expect the SEC or NASD to see everything, but when dozens or hundreds of people see the same thing and warn them, I do expect them to investigate. Even if I don't lose money I have been known to write the SEC, NASD, or my State reps (especially this year). In the long run most of us will do a lot better if the odds are evened out some. I'm not naive, I don't think the playing field will ever be level, but it can easily get a lot better.