InvestorsHub Logo
Followers 16
Posts 1131
Boards Moderated 0
Alias Born 02/23/2015

Re: None

Monday, 04/20/2015 4:29:55 PM

Monday, April 20, 2015 4:29:55 PM

Post# of 55227
This guy Thom Calandra is not as well regarded as they say. Even his wiki says he took bribes from companies to tout their stocks and was frequently buying his own recommendations without proper disclosure.

I know he said he bought a small piece and I know he said BMIX didn't have anything to do with it, but being that he got kicked off of CBS MarketWatch.com, I'm not sure he's trustworthy.

Here's some wiki info on him

In January 2004, Calandra left Marketwatch after being pressed for full details on his trading activities.[4] The SEC alleged that Calandra was selling stocks without disclosing the sales in a proper manner to his audience. In 2005, Calandra settled the charges without admitting or denying the allegations by paying a fine of $ 485,000.

The SEC said that from March to December 2003, Calandra made more than $400,000 through buying shares of different small-cap stocks while writing favorable newsletter profiles recommending the stocks. Thom Calandra was disgraced as "one of the best-selling financial newsletter writers in North America" and a "popular" television commentator. He was accused of accepting "kickbacks" from his promoter clients to offload their worthless paper while violating the trust of his readers.

Invest on fellow BMIXers but be wary.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATLX News