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

To: rogermci® who wrote (1048)12/18/1998 1:53:00 PM
From: shane hartman  Respond to of 122087
 
>He has set up a scheme where he takes a position in a stock, touts
>it to his membership who pays him for the privilege of making him
>money, and then he dumps the stock as they buy...

If he touts a stock that he owns and does not disclose that interest when people pay for his advice, then I agree, that is illegal.



To: rogermci® who wrote (1048)12/19/1998 8:40:00 AM
From: nihil  Read Replies (1) | Respond to of 122087
 
re: front running

I don't think it is "front running" unless you have an order in advance of your purchase, buy at the market, and then execute the order after your purchase has driven up the price. The practice mentioned, of buying, pumping, and selling, is usually called "free riding."


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