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matrix

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matrix

Re: EngrishPetey post# 227995

Wednesday, 02/28/2007 8:03:04 PM

Wednesday, February 28, 2007 8:03:04 PM

Post# of 358440
The irony is Hal signed an agreement preventing him from ever pumping and dumping another stock.

No, he didn't. Besides disgorging his profits, Willy was ordered to cease and desist from committing future violations of Section 5(a) and 5(c) of the Securities Act of 1933. http://www.law.uc.edu/CCL/33Act/sec5.html Those two provisions prohibit the sale or offer to buy unregistered stock. Unfortunately, they have nothing to do w/ pumping, front running, or anything else.

-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

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