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

To: Patricia who wrote (1362)	7/2/2003 9:19:52 PM
From: Dave O.	Read Replies (1) \| Respond to of 3143

< Why not be supportive of Oliver and give him a "Way to go, guy" for his tireless efforts > I told him I gave him an A+ for determination and perseverance. I also stated early on it was unfortunate he lost so much money. As far as stock picks. The office I was at paid Pristine just as anyone else would, whether an individual or a group. Sometimes I'd trade a pick and other times I'd pass. I was not forced to trade 10, 20, 30, ... times per day. < Were you ever a newbie at all? > Sure I was and I paid my "tuition" along the way. Just because I'm still here today doesn't mean I've not taken some big hits along the way. < I see no need to do anything here but have a nice discussion about all of this without name calling or poking fun at someones' posts. > Nor do I. But if that's your position then you should address those remarks also to Countofmoneycristo (Olivier). I'll not go back and dig up excerpts but there are plenty of instances I could cite. I'm sure I know as many people as you who lost a LOT of money. But many of those who lost money chose to not sell when the market meltdown started. That's unfortunate. Sadly, buy and hold mentality over the past few years was a disaster for many people. But there are certain aspects of the case that make little, if any, sense. For example it was stated: < 46. In exchange for those fees, plaintiff reasonably expected to receive trading advice calculated to return to him profits from day trading activities. > Given that 90% or more of day traders fail why would this individual, who subscribes to a stock picking service, (that I doubt had any lengthy history of picks) expect the positive outcomes above? Why should he expect to be one of the few who profit from day trading? Last, and then I'm leaving ... the plaintiff seems to want to recover his $10 million and perhaps more, if I read things properly. That to me would suggest that he doesn't hold himself accountable for any of his losses. And that is truly sad. We always have, and likely always will, have people who choose to not take responsibility for their own choices and actions. < B. Awarding money damages on each count alleged above except Count VI against the defendants, in favor of plaintiff, for all losses incurred by plaintiff as a result of defendant’s wrongful conduct, including pre- and post- judgment interest as permitted by law; > Message 19058471

To: Patricia who wrote (1362)	7/2/2003 9:43:55 PM
From: CountofMoneyCristo	Respond to of 3143

Did you have people in your real world who talked about those people? I didn't nor did my family. I didn't either, Pat. I never met any of these people, though once in early 2000 I went to a cafe in Arlington, VA got to talking with the bartender and some of her friends, and they told me about the local trading room, how this guy was in the Post, lived with his mother at age 40 and still claimed huge gains. She told me he and his clique were rude and obnoxious whenever they came in. You know, the anonymity of the Internet, the vast potential for deceit and hiding in the shadows, concocting almost any device ever known to man and indeed a number of new ones, is how the defendants reaped such extraordinarily high ill-gotten gains. And yet, the same way they made it is now proving their undoing: the Net leaves a long trail, and because they did not take me seriously soon enough, they waited too long to cover their tracks. Now that they have started it, after I recorded everything, it will damage them even more in the end.

To: Patricia who wrote (1362)	7/4/2003 12:06:01 PM
From: Yogizuna	Respond to of 3143

>>> I often thought that if Anthony, Truthseeker, Mmmary would only have devoted their efforts to going after some of these trading companies here on SI etc., things could have been different for all of us. Then again, there was no money in it for them, just a lot of lawsuits. Why not be supportive of Oliver and give him a "Way to go, guy" for his tireless efforts. <<< I'm with you all the way on this, and my hat's off to Olivier for taking the time and effort to change some things to the positive side.