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


To: eims2000 who wrote (37834)6/6/1999 3:31:00 AM
From: Barronio  Read Replies (3) | Respond to of 122087
 
Heh, yes, get some rest, it's Sunday morning and you've had a hard week with maroons like this one :)

I haven't been following the other threads where this debate has been happening, so maybe this is common knowledge, but I just found:

COLIN M. CODY, Plaintiff,
V.
KEVIN M. WARD, Defendant.

Plaintiff Colin M. Cody, a resident of Connecticut, alleges that he invested almost $200,000 in common stock of E. N. Phillips Company ("ENP"), an installer of video bingo games in casino-style bingo halls in Louisiana, in reliance on fraudulent misrepresentations by defendant Kevin M. Ward, a resident of California. Claiming that the stock is now worthless, he seeks damages and other relief against the defendant under the Connecticut Uniform Securities Act.
...
Plaintiff alleges that the defendant communicated with potential investors concerning ENP stock via Prodigy, an on-line computer service, which maintains a forum for discussion of financial matters known as "Money Talk."
...
Plaintiff alleges that in August and September 1993, he purchased 101,000 shares of ENP stock for $196,000 in reliance on materially false and misleading statements by the defendant.


So let me get this straight... this Cody guy bought $200K of a $2 stock based to great extent on message board postings? And now he's attacking Anthony, who routinely crusades on the side of the small naive investor.

The big question is, is he as dumb as a rock, or is he dumber than a rock? I think the evidence points to "dumber than a rock", though perhaps by now he's attained cerebral parity with the rock.