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janice shell

09/15/09 2:05 AM

#160466 RE: Increasecometh #160465

Not worth the trouble. He'd only lie to you. Con artists are good at that.
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janice shell

09/15/09 2:07 AM

#160467 RE: Increasecometh #160465

All that is for sure is a bunch of shareholders lost a total of 400 million or more...

I really don't think so. They only lost what they invested. Not what they would have made if they'd sold at the absolute top.
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frank021474

09/15/09 6:36 PM

#160471 RE: Increasecometh #160465

Just because you don't know the criminals in front of you who made profit does not negate the fact that douche bag claimed billions in assets only to have it all unfold and do nothing to prove otherwise.

"Her jumping to conclusions could bite her in the butt one day. Her and Bill Hicks both acted on suspicion and not fact."

I would say they nailed it since they set out to prove he wasn't rolling in billions and he didnt disprove them so they won.

Not sure what QA you want to settle... its pretty evident we claimed assets which inflated book value which all crumbled when the assets were called to the carpet.

The Certs are a totally other issue
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samaelrocks

09/16/09 1:30 PM

#160474 RE: Increasecometh #160465

Well, they had the investigation that turned up proof that Rufus was lying about assets. Likewise, Rufus never proved he had a dime in the company's name.

You can't account for "lost value" in finite terms. Yeah, much was sold at a good price so there was money made. But someone who had 50k worth of stock one day and 50 the next day because the SEC steps in = simply losing a value that no one really had unless they sold before hand.
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thecon00

09/23/09 11:51 AM

#160530 RE: Increasecometh #160465

would be funny to take a poll to see if that was true;

i still hold 20k in cert and 20k at one broker.

didn't lose on this one cause i sold some on the way up.