stockdoc:
>>I always wonder how someone can be so wrong about business situations like this where millions of dollars are at stake.<<
WRONG!
IMO it was a well orchestrated pump and dump and hate to admit it I got suckered into it myself, just to make JW rich at the expense of SHs!
a) didn't get JW paid a % of all the acquisitions?
b) some were iffy, but then he talked a good game as to how they will produce to the bottom line......all of them losing companies, mind you.
c) didn't he get paid a salary/p.a. and not little I must say with stockoptions.
d) his "marginal buys" per month buying of stock was a joke just to further his agenda and keep SHs happy.
e) as an M/A "specialist" he knew the way in and out, and I fear he was in the pocket of YA. (Cornell) all along shelling out millions of shares at a discount which were promptly sold.
f) don't fault YA one bit as they are in the business of loaning monies and get paid for it.
g) blame totally lies on JW.
h) weren't the PR's forthcoming like clockwork... of course phrased such that one could only see the good?
i) wasn't he accessible via e-mail and phone almost around the clock?
j) NOW????
h) doesn't he still get his salary!?
Take the case of Elliot Spitzer.......... what goes around, comes around mark my word.
AI
