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Re: NIRStickler post# 4223

Thursday, 04/14/2011 5:34:31 PM

Thursday, April 14, 2011 5:34:31 PM

Post# of 7197
Corey says fund is down less than 10%.

From the peak at the end of 08, it was a flat year in 09, and then 5% down in '10. Then another 2.69% loss in January. That's it so far. So, as per the last report, the fund is down only about 8% from the peak. Hey, I'll settle for that.

Yes, it was a hedge fund, and I knew there were risks- but not the risk of being given bogus performance results. That's not supposed to be part of the equation. If he engaged in that, then he is indeed a criminal. I have a dollar figure from Corey of what my account was worth as of December 31, 2010. It does seem strange that, with so many law enforcement agencies looking at him, that he would issue wild and wooly valuation numbers at this late date. I hope, for his sake and for my sake, that he didn't.

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