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nez

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Alias Born 01/19/2006

nez

Re: jk21 post# 37504

Friday, 02/23/2007 2:06:32 PM

Friday, February 23, 2007 2:06:32 PM

Post# of 84231
Again it's JMO,
But the easy and maybe dangerous thing to do here might be to underestimate Mr. Wiley's intelligence while at the same time underestimating the experience of the MM's have with manipulation or smoke and mirrors, what ever, the fact that this is their business and we are the "crop" and the free "financial information" available on them from the OTCBB site alone, indicates to me anyway, there is a lot of activity going on here which the average investor (myself) doesn't completely or maybe even partially, grasp.
Unfortunately, when one "buys" a report which is pretty specific and has to be filed by the MM's, it can't be shared on public boards from what I understand.

But before one goes and sells out for a loss greater than the sales commission and the loss of pps, if might be prudent to purchase a report for $15.00 and get some real facts.

I am not a lawyer or even an experienced trade but even if a company is "incorporated" in a state that doesn't require total transparency, doesn't it make sense that the MM's might be bound by different laws in order to maintain their ability to operate in this business? Could it be this is why when individual traders sign up for different types of services they have to specify if they are professionals or not?
Also, why are there 9 different MP types of MMs in the US?

I noticed that Canadian MMs aren't bound by the same rules. Could this have something to do with the differences in the laws and regulations?
I don't know for sure but to underestimate the MMs because of my own ignorance of their world, IMO, would be really foolish. At the same time just because I know a little more about the CEO's world, just from watching the news or following one of them on trial and then to demonize them without learning at least as much about the MM's world, would be lazy on my part to say the least. It is always easier for me to make the bad guy out of the known rather than make the bad guy out of the more unknown or obscure quantity (MMs). Just some of my thoughts because IMO, there is a pattern here and at least one can buy a report on the MMs before casting stones.
As so many have said, "There is not a whole lot of evidence with ATWT, other than the inability to tell the future, things are a miss." How many things (rule changes etc,) has the NASD delayed or so far entirely missed, in the past year due to projections and other unknowns, which couldn't be quantified by anyone?
I can't justify holding them, NASD, to a lower standard than a start up company which is competing in the market while also fending off the unknown called MMs.
ALL JUST MY OPINION,
Nez



Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin