Cowboys and Cowgirls

[Phil(Hot Rod Chevy)]

Just because someone has lost money as a result of someone else's conduct does not mean that a crime has occurred.

I don't either unless fraud was involved.

But I also think criminal charges should be brought more often than they are.

Take the recent cases of CMKX and MLON as examples.

Why would the CEO of CMKX take the fifth at an SEC hearing if he wasn't scared of criminal prosecution?

The penny stock world is full of fraud and deception.

There definitely needs to be more regulation, if not total elimination.

Phil