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

To: CountofMoneyCristo who wrote (1577)	7/11/2003 3:03:28 PM
From: Jon Tara	Read Replies (1) \| Respond to of 3143

Count, were YOU "cleaned out"? What was your NET profit or loss from your trading with the broker defendants? "No comment"

To: CountofMoneyCristo who wrote (1577)	7/11/2003 3:04:25 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 3143

A question that my wife asked me recently...on a much smaller number, is "why didn't you stop?". At what point do you say to yourself "this isn't working, I need to try something else?". If you blame them for the losses, then you have to give them credit for the gains. There should be a delta there. You say that you lost $10M, but it is unclear if that is a net number or a gross number. If it is a gross number, then what is the amount of gains? If you started with $10M and had $5M of gains and $10M of losses, the net is only $5M in losses. I don't want to get too personal here, but can you answer if the funds you deposited in the account were greater than or less than $10M? It's pretty easy to run up transactions in the millions of dollars using only $100k. An example would be. Buy 1000 shares of SPY at $100/ea do that 10 times and you have just transacted a million dollars.