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


To: Dave O. who wrote (1564)7/11/2003 1:39:05 PM
From: CountofMoneyCristo  Read Replies (2) | Respond to of 3143
 
Like I said earlier, there are some details I am not going to discuss here. In due course, I am going to prove that some of the defendants have deliberately committed federal and state crimes in an effort to intimidate me and obstruct justice. That's the last word I have to say about that topic. We'll see if the Courts agree with your obvious implication that the defendants did nothing wrong at all. Quite the contrary.

Incidentally, I discussed the circumstances surrounding this issue in my opposition to the motion to strike. It starts here, but it doesn't end here.

If you think people being destroyed by criminals is some kind of game to laugh at, I can't do anything about that. It certainly however does show your moral character. You better believe at trial I am going to demonstrate just how clever and funny the defendants think destroying people who trust them is. When that happens, we'll see what kind of punitive damages are awarded - which are contained in the prayer for relief. And the defendants might want to keep this in mind: they can try to attack my credibility all they like, good luck, but whatever happens they defrauded 5,000+ people. It will be a tall order indeed for them to argue that every last one of their clients had it coming. Maybe because I stand up against them I had it coming? Maybe because I found out about it I had it coming? Maybe just because I am a "windbag" I had it coming? All these personal attacks will lead nowhere, it will just boomerang. I am looking forward to their explaining how while the NASDAQ rocketed a majority of the clients they advised were completely cleaned out. Not after the NAZ crashed, but while it was rocketing. That will take some explaining.

And, since I happened to learn something about trading in the end, I am looking forward to calling in a host of experts to take apart piece-by-piece the extreme volume scalp-trading they advocated. They will have some explaining to do why they stressed a completely worthless and unsuitable strategy to all of their clients. Oh, correction: suitable for the brokerage firms. Their clients, well, only suitable if a client called them up and said, "OK, I want to lose all the money I have real fast, what do you advise." In that case, yes, scalping would be the choice strategy.