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Re: trading.jeff post# 55605

Thursday, 03/01/2012 3:37:27 PM

Thursday, March 01, 2012 3:37:27 PM

Post# of 348912
Too many people in prison to say there are "no rules". It is a grey area but traders still have to be careful and not let emotions, bitterness or greed get the best of them.

U.S. Attorneys like Barbara McQuade, who just put 5 guys in prison in September for a pump and dump, do monitor the penny market and when there are enough complaints they act on it.

Doesn't have to be huge fraud either. The 5 guys who were were put in prison by McQuade only made about $600k manipulating the price of a single stock.

MarketCaptain