Replies to post #2915 on Paychest Inc (PYCT)

[Buckey]

OK I can understand that position by the SEC. Apparenetly you bad man

By: clrwater
05 Jan 2005, 11:00 PM EST
Msg. 38799 of 38813
Jump to msg. #
That stupid Jim Bishop said the SEC closed the MLON RB board...what an idiot!!!
By: KidWallStreet
05 Jan 2005, 11:06 PM EST
Msg. 38801 of 38813
(This msg. is a reply to 38799 by clrwater.)
Jump to msg. #
jim bishop is an ### hoole

[matrix]

I've talked to a couple guys at the SEC who said a stock merely being on the pinks should be ample warning to all investors about it being very high risk. They said any person who decides to invest in a pinkie should not be surprised if/when he loses all his money. They also thought novice investors should not be playing in small caps at all.

There's so much garbage going on in the market the SEC has to pick and choose cases. I don't think they concentrate more on sophiscated ones. To me, it looks like they mostly go after those they can build open-shut cases against.