Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It won't because "if it" actually did.....bad...bad...bad...
I'll take that bad in a heart beat though...lol..lol.
Yes. The inflation needs to stop. But it will.
Welp...the inflation isn't. And that is because of your so called concept :) ...as in too much and uneven balance.
Money is just a concept...
Keynesian Economics is dead in the water and has been since the FIAT entrance back in the early 70's. It was always flawed...and it has been mixed in with monetarist policy during the 2008 disaster.
Our Government tends to favor the Keynesian approach but they keep forgetting about the most important part.............ADJUSTING SPENDING ..lol
Our current shite' show is based on Keynesian and has been since the first money started being printed during Covid(a sarcastic thank you Trump/Congress..Biden/Congress). It could work....but will never work again until we drop FIAT. And that will not happen.
FIAT could work but our "drunk" lawmakers are dumb as a box of rocks when it comes to personal finance.
And the same to you! Beautiful day here.
Can't wait to see the sodium content in the products made from that..lol.
Oink, Oink!
Picking bacon out in the garden, are we?
https://finance.yahoo.com/news/moolec-becomes-first-molecular-farming-100000041.html
Lengthy Yet Noteworthy
They are assembled from components that are networked together to process information. Electrical signals propagate throughout, controlling every aspect of their functioning. Being general problem-solvers, many of them have high IQs, but they routinely make mistakes and confabulate. They take on different personas, learning to please their makers, but sometimes they abruptly turn on them, rejecting cherished values and developing new ones spontaneously. They convincingly describe things they don’t really understand. And they’re going to change everything.
I’m talking, of course, about our children.
https://www.noemamag.com/ai-could-be-a-bridge-toward-diverse-intelligence/
Biotech Has Been A Tough Nut To Crack Lately
Post-pandemic, the capital markets have been uniquely and historically adverse for biotech.
Historically it's been the bread and butter of much trading activity:
- The Biotech XBI index decreased for three consecutive years
- Of the over 40 companies that went public in the second half of 2021, only two are trading
positively and the majority have decreased more than 80% from their IPO price
- Overall, IPO proceeds dropped by 93% from 2021 to 2022
There are many who'll argue that it is. One of them was FINRA's attorney at the hearing at the D.C Circuit Court of Appeals in February. No decision has appeared, but if you want to listen to the hearing...
https://www.courtlistener.com/audio/90618/alpine-securities-corporation-v-financial-industry-regulatory-authority/
That Doctrine is not in practice. You know that. I'm trying to count all the 501c's et al pitch groups/lobbyists funded by other that prove such Doctrine a fallacy. And I can't........
Cashn' out for evening..be free.
No, you're not.
It has to do with FINRA because FINRA is being sued by John Hurry and his Alpine. FINRA expelled both. But Hurry contends that FINRA is operating illegally, because it is not a government agency. See the Supreme Court's Lucia decision, involving the SEC's ALJs. But a very good argument can be made that it all really has to do with the private nondelegation doctrine.
So... go for it!
? Is barter a concept as well. Is the exchange of goods? Is there no offer and acceptance? Yes, Fiat is a concept with no backing beyond faith. I'm not wrong about that :)
What does that have to do with "protecting Investors"? FINRA just processes....or so they say. It would just be someone else with another name. Same with the SEC...
Who the fk' cares about so called "libertarians"? Not sure why that is a part of this discussion...lol
We and everyone else has been doing it for the past hundred years, so I think you're wrong about that.
You have to remember: money isn't real. It's a concept.
You can not spend your way out of debt.
Good for him! But I'm a Keynesian.
Not sure why anyone wouldn't like Milton. He ended the draft and was the only decent person around.
https://www.thecrimson.com/article/1966/12/7/friedman-tells-how-to-end-draft/
https://www.army.mil/article/267984/the_all_volunteer_army_at_50_does_milton_friedmans_case_still_make_sense
He won the 1976 Nobel Piece Prize(economics)
But most importantly...he ended conscription.
I disagree. Imagine no SEC. No FINRA. No regulation at all. And that is what the libertarians want.
It would not be good for Joe Sixpack. Or for most people who aren't super rich.
Yes ....
Well, that’s being challenged. The SEC can……
explain themselves.
Good thing they a secure X account, huh?
The SEC has a rather broad remit.
Don't nag. I've been busy making chana masala. In a while, I shall be busy eating chana masala.
As you know how I feel about Libertarians.
The SEC really does care, but the people who work for it are conflicted. The agency was created, after all, in the wake of the 1929 crash. But before that happened, the Securities Act was signed into law to force issuers to explain what they were selling in their offerings. That was in 1933. In '34, it became more complicated, when the Exchange Act was signed, and created the SEC.
The modern SEC has acknowledged many times that "protecting investors" conflicts with another part of its mission: facilitating capital formation.
But what gives the SEC the authority to……
collect this data?
Did Congress act to do so?
If so, when?
At least you addressed the merits of the case……
They should care, but act on such differently. Remember our discussion on P-Notes?....there are ways to become more private if one cares to be. If they are concerned with the SEC...then I would also suggest that they be concerned with every other Financial establishment(that is a whole bunch of cats!). The SEC doesn't care..except for the fact of wanting to be more efficient. I love how they use "protect investors" in their mission statement though...lol.
I don't think the NCLA is invalid with their submission. It's more like fodder to me. You know how I feel about activists.. :)
I know you don't understand this. But not everyone likes Milton Friedman. And many of us like modern libertarians even less.
I did not post a link showing that the SEC cared. You seemed to have missed the point. None of them really care. Wake up.
Why should investors care? If the SEC stopped collecting this data, how would they be better off? I don't think they would be. I do think they'd be more easily taken advantage of by their brokers, investment advisers, stock promoters, and other crooks.
Improper use regarding the 4th amendment has been challenged hundreds of times since the 70's. There is nothing wrong with that...so don't get me wrong. I tend to see very little legitimacy through out....and see almost everything as an ulterior agenda. Just speaking truth friend.
Did you buy Bitcoin when the SEC’s X account……
was hacked?
It’s rhetorical.
The complaint addresses the concerns of many, which have been raised for years.
Glad you’re keeping an open mind and not jumping to conclusions.
Well, NCLA is the only one challenging the……
status quo.
Oh for heaven's sake. Those retirement accounts aren't being "hacked". And as I said, their brokers have access to everything. And their investment advisers, if they have them. As I said, given how many larcenous investment advisers there seem to be, I'd be far more worried about them.
I will read the complaint. But I've read several of NCLA's efforts in the past, and I was not inclined to cheer them on.
They’re challenging Rule 613…..and
showing the SEC is lax in security of personal information.
I find it amusing you’re suggesting NCLA doesn’t care, while posting links from the SEC suggesting that they do care.
Too funny.
An argument on the merits would be welcomed.
If you mean this one..... https://business.cch.com/srd/20240416NCPPR-v-Genslercomplaint.pdf
Yes, I did.
Also,
https://www.sec.gov/reportspubs/investor-publications/investorpubsprivbrochure
https://constitution.congress.gov/browse/amendment-4/
https://constitution.congress.gov/browse/essay/amdt4-3-1/ALDE_00013715/
But you should care due to the fact that they are not completely genuine in their efforts. The majority of 501c activist ass hats are all the same. It's unfortunate because they could do so much good. So if Federal law violates the 4th Amendment.....then why are they going after the SEC instead of the actual Federal law. Rule 5.1. Constitutional Challenge to a Statute
https://www.law.cornell.edu/rules/frcp/rule_5.1
It could, but should it? You admitted……
you haven’t even read the complaint, yet concluded there are far more important issues we face.
I don’t think the possibility of thousands, if not millions of retirement accounts being hacked is something to take lightly.
Isn’t the premise of this board to protect investors from fraudsters?
Well……
Or not. More than 90 percent of civil suits settle.
It's unlikely that would happen in this case, but the suit could be dismissed.
I don’t see how much NCLA’s cares or…..
doesn’t care addresses the 4th amendment argument being made.
Again, did you read the complaint?
No..not at all. The point is that they really don't care as much as they want you to believe..that .."they care". They simply don't and there is no one better to explain this mentality than Milton Friedman:
Well, they’ll have their day in court……
Perhaps tomorrow. I don't feel like reading the whole thing right now.
But it seems to me that this program was not designed to dig up dirt on ordinary investors. Or, frankly, on any investors. I should think the SEC looks at the information it generates as "data". Macro stuff, now that they have a ton of it.
Addressing the merits would be welcomed…….
So if they waited too long it’s constitutional?…….
Haven’t folks been crying foul long before now?
Did you read the complaint?
And yes, of course Hester Peirce wouldn't like CAT. I like Hester very much, but I don't agree with her about much of anything.
Thanks for posting the complaint. But I'm sorry; I just can't get worked up about any of what the SEC is doing. After all, you broker can already see all of that, which is, I think, more potentially worrying.
I confess I find the NCLA pretty tiresome, frankly.
And yes, I know Barr isn't involved in the suit. He's just trying to get some attention.
Bill Barr isn’t part of the lawsuit…….FYI
Can you cite any statutory authority the SEC has to collect and store this data?
If not, why?
Regardless, the SEC will have their day to explain themselves.
This lawsuit concerns an unprecedented scheme by an administrative agency, the Securities and Exchange Commission (SEC), to unilaterally set in motion one of the greatest government- mandated mass collections of personal financial data in United States history: the Consolidated Audit Trail (CAT).
https://nclalegal.org/wp-content/uploads/2024/04/001-2024.04.16-CAT-Complaint.pdf
DD Support Board and Fraud Research Forum
This forum is a place for ALL to share and build research and due diligence.
This is not a forum for recommending stocks to buy or sell. It is for information sharing only.
Please do not use this forum to promote stocks.
Feel free to build on the research already done by others or to present fresh new research.
Please start all informational posts with the ticker symbol of the stock.
Important links:
Another place to read some of nodummy's research:
http://promotionstocksecrets.com/
Great Forum for Litigation and Court Docket updates not posted on this board:
www.investorshub.advfn.com/boards/board.aspx
SEC trading suspensions:
http://www.sec.gov/litigation/suspensions.shtml
SEC press releases:
http://www.sec.gov/news/press.shtml
SEC administration proceedings:
http://www.sec.gov/litigation/admin.shtml
SEC litigation releases:
http://www.sec.gov/litigation/litreleases.shtml
Most recent SEC flings:
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=&owner=exclude&count=40&action=getcurrent
Great Website for basic information about the laws surrounding penny stocks
http://www.securitieslawyer101.com
Stock Dilution Scam:
A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
Pump and Dump Schemes:
"Pump and dump" schemes, also known as "hype and dump manipulation," involve the touting of a company's stock (typically microcap companies) through false and misleading statements to the marketplace. After pumping the stock, fraudsters make huge profits by selling their cheap stock into the market.
Pump and dump schemes often occur on the Internet where it is common to see messages posted that urge readers to buy a stock quickly or to sell before the price goes down, or a telemarketer will call using the same sort of pitch. Often the promoters will claim to have "inside" information about an impending development or to use an "infallible" combination of economic and stock market data to pick stocks. In reality, they may be company insiders or paid promoters who stand to gain by selling their shares after the stock price is "pumped" up by the buying frenzy they create. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.
http://www.sec.gov/answers/pumpdump.htm
The key is understanding
The key is understanding that pink sheet stocks are not investments - 99% of them will lose value over the long run and never accomplish most of their forward looking pumping statements they put in press releases or on their websites. Never believe the hype - always be skeptical of everything you hear.
The people mostly making money with pink sheet stocks are promoters, front loading pumpers with big followings they can dump on, crooks, some of the flippers, and sometimes the very lucky.
Pumpers only tell you to buy stocks that they already own. Pumpers only tell you to hold stocks because they want to make sure you hold longer than them.
They make money by pumping the stock and getting other people to buy then dumping their shares on the followers.
If you really want to take the risk of trying to make money trading pink sheet companies then you have to understand how the game works and never ever hold long term - take profits when you can. Pump and Dumps dominate the IHUB forums.
Trading pink sheet stocks is a sick game full of lies and deceit where people take advantage of the inexperienced and naive stealing away their life savings for their own personal gains.
Very little respect or morals exist in stinky pinky land.
The Consequences of an SEC Suspension:
Complete list of SEC suspended stocks and SEC Admin. Law Judge registration revocations from January 1st, 2010 to May 9,2020:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531213
More information on Suspended Stocks
http://investorshub.advfn.com/SEC-Suspensions-&-Revocations-25334/
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |