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Re: Sideways1 post# 145

Friday, 08/24/2012 11:30:48 PM

Friday, August 24, 2012 11:30:48 PM

Post# of 148
"The Wolves of Wall Street"

One of the things that has always fascinated me about Wall Street is that it is parody of our economy. Or perhaps if our economy is white rice then Wall Street is dirty rice. The thinking behind this is the idea that if you always leave enough "lottery type dreams" around the common person then will believe that he may just have a chance some day to crawl out of the middle class and on up into the top 1%. But, we all really know or should really know that the chances of this happening is slim to none. But, it can happen and occasionally does happen and that is probably why a majority of people vote against there own self interest and true ideals and go with the 1% scammers that really are just hustlers and care about themselves and their families. Then when the make an impossible move up they do not want anybody to tap into their dough especially the riffraff.

Nevertheless, Wall Street is a horse of a darker colour. They breed the dream of riches through stocks and the particular risky ones like the penny stocks or what is known as the 10,000 stocks in the OTC Group. The real eye opener for me has been the fact that if you should be so lucky or intelligent to cull out a potential winner from all these losing stocks.. and build a nice position.. and then be extremely lucky if it moves up in price.. wait lets stop right there.. because they will not let you get to the point that the stock gains some significant value. This is because they will simply steal your stock. Thats right remove it from your "street account" with some fabricated reason and then they make it disappear and reappear right into their own accounts because they were probably not smart enough to figure it out previously. But, some fellow inside broker step up and said hey look one of your investors has a ton of xyz stock. So, you better steal it from him before it lands in his account. Why don't you give me 100k shares and you can have the rest. If it was a few rogue brokers it would be one thing but when a trillion dollar brokerage house pulls this on you that clears some 500 million a year, you can really see Wall Street for what it is... a frigging den of wolves with no shame and would probably eat each other if given half the chance.

Sideways.,

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