Infotopia (fka IFTA)

[mbobok]

pennyking, your Securities and Exchange Commission Surveillance (SECS) post made some excellent points. I really do not know much about how fair and accurate stockpatrol.com really is. And would not be surprised to find out eventually that they have particular agendas. In regards to IFTA, however, their articles were not the primary problem with the company. The B.O.D. was corrupt and Mark Valentine continued to finance their operations despite now apparent evidence of embezzlement by directors. Shareholders were set up.

That said, I really do like two points you made in that post:

"According to current SEC rules its against the law to tout stocks, so why hasn't the SEC slammed down on the hundreds of thousands of analysts who work on Wall Street? One simply can look not far to find that every analyst report ever published by any Wall Street firm is not only a tout and form of promotion, it wreaks of falsity."

"Maybe we should be asking whether there really is a Securities and Exchange Commission devoted to protecting investors or is it just a political cabal of past, present and future lawyers who have taken public character assasination to new levels of political science??"