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This is going to be fun to watch...
Statement made by Monk:
That press release was prepared by my legal team. Additionally, my legal team has been taking view of multiple libelous, defamatory and outright threats to myself and or those close to me.
The statements have been recorded and are being turned over to the FBI... If you have any such statements you would like to see passed on please send them to info@monksden.com.
My legal team, having reviewed all of my posts, statements and emails, not too mention my last few years worth of trading records are very aware of what I have done.. and specifically, not done.
Those accusing me and or threatening me will not go un-noticed or ignored.
It's about time for the tables to be turned and the real truth to come out...
I will not comment further on this until advised to do so.
Not bad. Any real volume and this thing will take off.
Your right… Every buy is followed by a quick sell pulling it back down.
I paid a $1,000. For is class and now I'm doubling my money every 4 to 5 weeks trading ETF's. It's the best scam I've ever seen, LOL
No, it works on all stocks not just ETF's.
So this wasn’t you Janice?
Online Jokesters Get Sued
April 28, 1999|By Carolyn Said, Chronicle Technology Editor
Business Wire, a New York service that distributes corporate press releases, is suing three pranksters who posted a phony announcement of a new online investment opportunity that attracted almost 2,000 inquiries.
The ersatz press release said a company named WebNode had won a government contract to raise $4 billion to build a faster Internet by selling "nodes," or pieces of the new Internet, to the general public.
Business Wire distributed the release to Bay Area news organizations and investors on April 1 and also posted it on its Web site. It quickly retracted the release after receiving calls from people who couldn't get through to WebNode by phone.
However, almost 2,000 potential investors went to the Web site listed in the press release -- www.webnode.com -- and attempted to buy nodes.
Business Wire said the only organization that published the release was online service Wired News, which later retracted it.
Jeffrey Mitchell, one of the defendants, said the WebNode stunt was an April Fool's Day hoax designed to mock investors' love affair with Internet stocks and to illustrate the danger of online fraud.
"It's the ultimate: Sell the actual Internet. After all, people buy pieces of the Brooklyn Bridge," he said. "We just wanted to see if people would respond and to point out how easy it is to get taken."
The pranksters paid Business Wire $260 to distribute the release.
The lawsuit, filed in San Francisco federal court Monday against Mitchell, William Ulrich and Janice Shell, alleges violations of federal and state trademark laws, fraud, breach of contract, defamation and conspiracy. It seeks unspecified damages and injunctive relief.
The WebNode stunt came amid growing concern about online fraud. In the most widely publicized cyber hoax, an employee of PairGain Technologies Ltd., a Southern California communications gear-maker, allegedly faked an online Bloomberg article saying the company was about to be acquired. The PairGain employee was arrested this month and charged with stock fraud. Both the Securities and Exchange Commission and Bloomberg sued the alleged author of the bogus report, who apparently was hoping to drive up the price of his PairGain stock.
Unlike the PairGain case, the WebNode pranksters weren't trying to cash in. Although their Web site included an order form where investors could list their names, addresses and number of nodes they wanted to buy -- at $100 a pop -- it didn't include any mechanism for collecting money.
Mitchell, 38, is president of a Westport, Conn., firm called Insurance Software Solutions.
Mitchell and others he met on an investment site formed a loose group called FBN (Fly by Night) Associates. He said FBN investigates online investment scams and conducts an annual April Fool's prank -- last year's was about a fictitious Y2K company.
Mitchell said he is "perplexed" by the suit. "Why would (Business Wire) go after an April Fool's joke when there have been actual people who lost money through other stocks proven to be fraud?" he said.
Cathy Baron Tamraz, Business Wire executive vice president, said the lawsuit aims to stop others from perpetrating similar pranks. "We feel they've besmirched our good name and gone beyond the boundaries of a joke," she said.
Tamraz said Business Wire has "checks and balances" to verify releases, but she declined to say how the WebNode release slipped out. "Obviously, this will make us take a closer look at our policies," she said.
Industry analyst Jim Balderston of Zona Research in Redwood City said he thinks the lawsuit could backfire on Business Wire. "They could put themselves in a position where they imply that they're vouching for the validity of everything that they transmit," he said. "Due to no fault or shortcoming of Business Wire and PR Newswire, I've read a lot of lies transmitted over them."
But Balderston also saw a tongue-in- cheek upside. "If Business Wire wins this case, they may be able to sue anyone who ever lies in a press release," he said. "You could generate a lot of money that way."
I hope so... This has nothing to do with trading ETFs
I hope so... This has nothing to do with trading ETFs
TNA is very strong. I got in at 50.43
Very nice...
I’m the same way, my buys are ok but I ride them back down too long sometimes. I’m hoping to fix that after Boston.
I’m live now. I had a few not so great days but today is looking pretty good. I wish you were going to Boston so we could hang out.
Hey buddy, how are you doing this fine day? I love watching all the buys of EIGH on the L2.
I got out at 22.56 I guess you were right...
QLD and TNA look good also.
I’m still in, I think you jumped out too early.
I just got in at 22.47
He teaches how to make a lot of money trading ETF's. You should go to one. You might just change/quit your job and do it full time. Then you might see things a little different.
Meg, You can add me to your list.
Rick
Ok thanks, I was wondering if it was my connection. It always done it every now in then but today its every few mins.
Is anyone having trouble with the charts on Stockcharts? I keep losing them so I have to hit the update button. Is it only me? I looking at 6 charts and it’s a pain in the butt. Thanks
That Jerry guy scammed me out of $1,000.00 for his class; luckily I was able to make it back in one day trading ETFs. He must be some kind of scam artist because I just paid for my advanced class today. It’s a good thing my trading skills taught by him paid for it also. I’m not sure why I keep falling for this guys scams, I must be very gullible. Oh well I guess I will see you other losers in Boston when Jerry takes advantage of us all again. I sure hope he talks about this FLD thing because it wasn’t brought up in my last class. You guys have a good one; this is my only post for the day.
Go Longs
When will we find out what the float is? Have they started counting them yet and how long is it expected to take? Sorry so many questions but I’m only allowed one post a day. I got in a little trouble. Thanks, Go longs
WOW! Faz just took off...
I’ve done very well on paper so far. I can’t wait till this squeezes, my account is looking sweet these days.
Just a practice day today, I’m not going live till after Boston. How are you doing this fine morning?
Good morning all longs…
I hope he got paid for that one... LMAO
Yes, we should be getting paid for it. Hold on we are about to because this thing is about to explode and all us pumpers are going to be well paid. LOL I might need to fill out a 17B disclosure
That’s what you call pumping??? Wow I guess we are all pumpers. Did you see EIGH was up today? Now I’m a pumper also and never knew it. Thanks for pointing that out... This thing is going to Squeeze soon… Oh no I did it again. This pumping thing is fun. Let me know how many times it takes to get to the notorious stage. Thanks
Thankyou Sir...
Yes my friend, its getting very exciting for all the team members. GLTU
You know it buddy.
Hey janice… Do you remember posting this yesterday? I know a penny stock that’s paying Divis.
Posted by janice shell 09/26/10
Cash dividends are the shorts worst enemy especially if they become repetitive. I think that is why you are seeing more companies paying dividends and I think that will continue to increase wherever possible.
Really? Penny stock paying cash dividends? Can you name some?
Didn't think so.
I hear you brother… They won’t get my shares and I’m buying more on Monday as more funds clear. Have a good night hotrod I got to run. GO TEAM
Hey buddy I’m doing great. Looking forward to next week, I picked up a bunch more shares today. How you been?
Nice post...
Are you serious? what should I do with all the money I’ve made trading ETS after being taught by Monk. You should make an investment in yourself and learn of to trade and then we wouldn’t have to hear you whine when you lose a few $$ on a FLD. Just Saying..
I put a limit order at the ask for .85 and got filled for .3775 Why???
I right with you...