Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Yogizuna who wrote (1930)	7/22/2003 5:59:38 PM
From: CountofMoneyCristo	Read Replies (1) \| Respond to of 3143

He's in a corner, Yogi. No telling what he'll say next. He's liable to say just about anything. Whatever he does, I'm fully prepared. I'm looking forward to replying to his brief. The facts are truly damning. And then both MBT/Terra Nova and CyberTrader/Schwab used that perjured declaration to support arbitration. Maybe those defendants will start realizing how much trouble they have on their hands having Chris Rea as a former partner and now co-defendant.

To: Yogizuna who wrote (1930)	7/22/2003 6:03:19 PM
From: CountofMoneyCristo	Read Replies (2) \| Respond to of 3143

Another problem. Let's see here, what did he say? nytimes.com In less than six months, Rea said, he has drawn 817 members to his site who pay $279 a month to get instruction in day trading and access to Merlin's stock picks. But Rea's reach also extends to thousands of people who learn of his picks indirectly, from friends or other traders. Net watchers say that helps explains the violent moves in stocks he pushes. Before the market opened on Friday, Rea said, he recommended Omega Research, a Miami maker of financial analysis software. The stock was at $5.25. "Within half an hour, it ran to $10," he said. Never mind that the stock fell back to $7.125. "Right now we're promoting IMON," Rea added on Friday morning. That's the ticker symbol for Imaginon Inc., a small software maker in Greer, S.C. "We made it rock," Rea said. The stock rose 25 percent that day. On-line investing is rife with dubious characters, Rea said; by contrast, he added, "we see ourselves as being the white knight in this industry." White Knight - I like that. Is he Merlin or Sir Galahad? You know, maybe he's just Henry VIII...