Not really.
Mark and I go way back. Years, really. I believe you can still find some of our old banter on his guestbook, if you go back far enough. He couldn't deal with the material I was digging up when he migrated to his ez-community, so all of those posts were deleted.
From what I've been able to piece together from his writings and interviews he's given, Mark got hammered trying to day-trade an account back when that sort of thing first became fashionable. When he got his head handed to him, he couldn't accept the possibility that his losses were attributable to his own stupidity. SOMEONE (besides him) had to be responsible.
So he fell for the "naked short seller" bogey-man. And it's been downhill ever since.
Initially, his foray into the scam was innocent enough, though obviously misguided. He regurgitated the material that was fed to him by the likes of David Patch and a number of other scammers who ripped off investors using the "naked short seller" playbook.
The turning point was his writing about Global Links, another massive rip-off that used the "naked short seller" scam as a cover. He knew, or should have known, that Global Links was a pump'n'dump scam, as I provided him with direct links to the SEC material which showed what they were doing.
I can have a lot sympathy for people who unknowingly make mistakes. Armed with the knowledge I provided him, Mark had to have known better. But aiding and abetting the Global Links scam served his agenda; truth be damned.
Still think it's my loss? Did you see the Altomare/Universal Express piece on his website?
So long as Mark continues to embrace crooks, I lose nothing by ignoring his bogus radio show.
"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital
AI
