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To: The Osprey who wrote (15)6/24/1998 10:19:00 AM
From: Cyril Swim  Respond to of 4201
 
To Potential Grinders
Come on and lets make some comments on this thread...... Isnt it time that we get news out about scams ongoing and try to alert others on
the pitfalls.....
Cyril



To: The Osprey who wrote (15)6/24/1998 11:25:00 AM
From: doby  Read Replies (3) | Respond to of 4201
 
It's funny you should mention that.

On one of his picks, I looked back to see how trading was the day before.
There were 7 trades made on the friday. 350,000 + or - shares traded. 250,000 were made minutes before close. From a certain greenline branch.

The next day the same greenline branch was selling. I found that rather interesting.

I'm not accusing anyone and there's no proof of any scam but how does the club member know he's not being had.

have a good one
mikey




To: The Osprey who wrote (15)6/24/1998 9:17:00 PM
From: doby  Read Replies (1) | Respond to of 4201
 
Hi Osprey:

There's no way of really knowing if he was in before the close or not. That's the million dollar question.

Putting that aside the bottom line is, can one make money from his picks.
My thoughts from observing so far is maybe. If you buy by the 10's of thousands. Personaly I wouldn't risk that kind of money on the hope the stock takes off.
His record to day IMO is very poor.

One example of this being hype is when an SI poster and subscriber to Mcdo posted an invitation to others to join. His quote to the forum was Mcdo has an "excellent record".

Well that was an outright lie. At the time of the post Mcdo had only picked three stocks up till then. All three were duds.

Posts like that leaves one with the conclusion that more research is neccessary before investing with this club.

Be careful
mikey