InvestorsHub Logo
Followers 3
Posts 800
Boards Moderated 0
Alias Born 04/09/2004

Re: S.A.G. post# 196689

Wednesday, 11/29/2006 2:37:20 PM

Wednesday, November 29, 2006 2:37:20 PM

Post# of 311057
STOCK POOLS were to blame for the Crash of 29'!

Guess what modern day Stock Pools are called? You guessed it... HEDGE FUNDS!

And they are fighting Regulations that would make them more transparent, tooth & nail!

Ask yourself... "How can Hedge Funds have returns of maybe 30% to 50% in the past, when the Big Boards return maybe 5% average"?

They can't do it without some form of illegal activity, not so much on the Big Boards where they could get caught more easily, so they prey on the Penny Stocks instead.

If you follow the Markets and the Financial News daily, as I do, the evidence, accusations, legal actions, etc., support the above... and much more!

John Good