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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (12734)	4/30/1998 10:23:00 PM
From: MKTBUZZ	Read Replies (4) \| Respond to of 34592

Yeah, a lot is coming back to me right now from my securities law classes. I believe there is reasonable proof right here on this thread that front-running occurred which could warrant an investigation by the SEC. The kicker is that he's charging money. I believe that under law a firm(person) which does recommendations for money is required to not trade in that security for a period of a few weeks prior and after making the recommendation. The fines can be, I believe, up to 200% of the gains realized by the firm(person). So if anyone has lost money because of him and has paid him for recommendations may want to look into this further - because he is moving the market, the proof is here, with admission that he is trading during the required blackout period. I am not a lawyer, so this information is entirely speculatory and may be incorrect. Cover my butt. :-)