Not only the rules needed tweaking, but broad market conditions factor in (at least for me). He never discussed market conditions. The koolaide came off me a bit before Atlanta and more so afterwards. When I learned the class size was 80+, I wasn't very happy. That's a lot of people to teach a lot of information to in a weekend. So, I was expecting to be overwhelmed with trading education. Instead, I got to hear 80+ life stories Saturday morning. I know that's been brought up on this board before. I'm not discounting the peoples' lives, but that's not why I was there. Still, I had enough koolaide stored in me to last another another month. Even though I was disappointed in Atlanta, I figured the Coven would take care of me as long as I bought and held.
The Koolaide really started coming off when I couldn't find anything online about Monkula's Phd. I was going to find it so I could tell the evil bashers to cram it. Monkula also said in his introduction that he's been an expert witness as an engineer. I have access to the legal database, LexisNexis, and it showed zero trace of him ever testifying as an expert. Then, I followed a link one of the bashers posted on the SEC rules on stock manipulation and actually read it. ....ooops. There was enough koolaide in me still that I stuck around to see what would happen with the divvy on EIGH. Even emailed with a friend a couple of hours before the "no divvy" announcement came out that I hoped I didn't regret selling on that morning's increase in the pps. ....yep.
I emailed a couple of the evil bashers to thank them for their time, effort, and saving me a lot of money since they caused the koolaide to start wearing off. At the behest of one of them, I dug into LexisNexis again on Monkula's background- dug so deep I even found his motorcycle endorsement and hunting license. The rest of what I found was pretty much what's been posted all over iHub- not good and a lot of it.
That's my story on this mess.
