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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (89479)1/20/2005 8:24:11 PM
From: Buckey  Read Replies (1) | Respond to of 122087
 
Tomorrow is Friday - any thoughts on the jury trying to make a decision before the weekend



To: Pogeu Mahone who wrote (89479)1/20/2005 8:34:32 PM
From: hedgefundman  Respond to of 122087
 
traded contrary to his recommendations to members of his private investing Web site.

and, if the sheeple were sheared for up to $1000/month, what can be said about those who fawned away, following and participating on the public board?

? "jest bidness as usual?" great traders?

or jest EZ if you have

FBI data

steady stream of sheeple to sell while ringleaders cover

free shares

monthly fees (yeah they only covered costs LOL)

even if not work of crims, pretty good scam put on by guru, sheeple and associates. sounds a lot like the targets, jest on a little different scale and a little bit more thought out.

someone here uses the word "crusader" - like those from days of old - were they good guys or just as bad, if not worse, than their targets in the 'holier than thou' land?

no more

"t'aint me."



To: Pogeu Mahone who wrote (89479)1/21/2005 9:09:55 AM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 122087
 
Here is all that I found published related to front-running:

Elgindy's lawyer Isaacson questioned Hansen Tuesday and highlighted how the witness' story changed over time. "Did you indicate to the grand jury that you didn't think that (Elgindy) would front run?" Isaacson asked Hansen. Hansen had told jurors Monday that he thought that Elgindy would trade ahead of the advice he would give members of his Web site, a practice known as front running. On Tuesday, Hansen answered Isaacson's question by saying: "my understanding is that he didn't trade against the site. But I think he may have."
Message 20830389

Front running doesn't make much sense when you possess news that the CEO is either a convicted felon or under investigation by the FBI as such information can cripple a company's stock for an extended period of time. That's why scalping has been alleged instead (trading on advanced knowledge of a material event).

Where covering while yelling "short" does make sense is in situations similar to pump and dumps-- where a stock spikes on either hype or overreaction to good news. The reasoning is that, unlike pump and dumps, you didn't manufacture the situation and you truly think even people a little late to the party can make money. So is that front-running? As per the above, I think even Hansen doesn't quite know how to characterize it.

- Jeff