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To: Henry Volquardsen who wrote (2177)7/1/1998 11:31:00 PM
From: Boob  Read Replies (1) | Respond to of 12810
 
I know this is playing with fire..heck the entire BB arena is fire...more people lose than
win at this but the Market Makers nearly always win....the cheaper a stock gets the
more dangerous it becomes....

I am a risktaker...I make money...and lots of it from this BB arena...much more than I
could ever dream of making in large caps....there are thousands of rumors on SI every
single day....rumors move stock.....I like movers...movers make money

That's the way I play.

Boob...



To: Henry Volquardsen who wrote (2177)7/2/1998 10:53:00 AM
From: Chris O'Keefe  Read Replies (2) | Respond to of 12810
 
Henry,
I do not believe that what you wrote is entirely true. You wrote to Boob:
"Be aware of a little quirk of the insider trading rules, by passing the information along you can be held responsible not only for what you make on this but what any one who acts on your post makes."

I don't think so. The moment knowledge becomes public, in just about any form, people can act on it with impunity. There was a famous case some years back of the guys who took trash from a trash bin outside of a printing press shop. The printing press shop was known for having some corporate clients. The trash takers hit gold, finding corporate news that the company was not ready to go public with. The trash takers were taken to court and accused of insider trading. In their defense, they said that once the info was in the trash bin in the street it was public knowledge at that point. They won!

To say the least, when someone reads something posted on SI, it's public knowledge so long as everyone--the general public--can access that web page (and the tip).

Chris