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MorningLightMountain

11/06/10 12:12 AM

#82659 RE: janice shell #82606

2. People will say they're "team players", but many will lie about their holdings, and many will sell without telling others. ALWAYS happens.

yep, basic game theory....not being a wise-ass, but if someone does not at least understand the concept behind this, no amount of "Monikers" are going to do much good.....

http://en.wikipedia.org/wiki/Prisoner's_dilemma

The unique equilibrium for this game is a Pareto-suboptimal solution, that is, rational choice leads the two players to both play defect, even though each player's individual reward would be greater if they both played cooperatively.

there will always be "defectors", even if they claim not to be.....

PS:

Closed-bag exchange
Hofstadter[15] once suggested that people often find problems such as the PD problem easier to understand when it is illustrated in the form of a simple game, or trade-off. One of several examples he used was "closed bag exchange":
Two people meet and exchange closed bags, with the understanding that one of them contains money, and the other contains a purchase. Either player can choose to honor the deal by putting into his or her bag what he or she agreed, or he or she can defect by handing over an empty bag.
In this game, defection is always the best course, implying that rational agents will never play. However, in this case both players cooperating and both players defecting actually give the same result, assuming there are no gains from trade, so chances of mutual cooperation, even in repeated games, are few.
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life3970

11/06/10 12:57 AM

#82667 RE: janice shell #82606

Need to clarify again..and again....

The FLD concept is not a new approach to trading. Basically, you buy and hold. Easy enough. So, what is being done to prevent the cover?

The shorts are working on several fronts:

1. The company must be made to look like a complete mess. (Don't let any error go to waist.)

2. The people will say they're "Here to Help", but many will lie about their reasons, and many will leave things off post, or add things to post. ALWAYS happens.

3. The proof of shorts in EIGH must not be allowed. ("newsletter" comes out and trading is halted.)

4. Continue to bring questions about Jerry Williams, his trading methods, class schedule, Where is his plane, and make sure you continue to ask...How come Jerry Williams is not posting anymore? Has he left the country? Has he sold his shares? etc.

5. Now that EIGH is on the back burner...move to other FLD's and start from number 1.