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Replies to #6567 on HOPE STOCKS
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DayTradingAlgo

07/06/11 11:23 PM

#6570 RE: jetpilot1101 #6567

Bravo JP....Bravo


In terms of proving his trading/chat room's worth, he stated that he opened a $50,000 trading account some time ago (I believe right around the time of Boston) and that he was going to use that account to show everyone publicly what his trading can do....last I checked, he never released any information about that account, and their last "pincher", HEAT, is down 40% or so from their initial entry and hasn't corrected yet.

The moral of your story and what I have been trying to say all along is: Do what you say you are going to do...and tell the whole truth
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Bill de MT

07/06/11 11:37 PM

#6572 RE: jetpilot1101 #6567

Really superb answer, JP. Thank you for taking the time to write and publish it. Maybe it sinks in to Jerry. I doubt it. I really hope some still in the Den read it and understand.

A couple of things-- Jerry looked me straight in the eye when we were both out on a smoke break in Atlanta and told me that he lost money on the Monkinars. Eighty some students in Atlanta at $1000 each and he lost money. So, in his letter (or whatever it is) he says his classes now run at a loss implying that they ran at a profit "pre-event." I didn't buy in Atlanta he was losing money at $80K a class (and about one class a month). Of course, class attendance wasn't always so high. I struggle to believe he lost any money on them given the numbers and especially since EIGH was going to buy the Den valuing it as a company worth in the millions.

I didn't pick up on the word "pre-event" until now. Many other words more accurately describe what happened rather than nice, sanitary "pre-event." Fiasco, diaster, and scam are just a few of the ones I've read.
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Sidney

07/06/11 11:49 PM

#6575 RE: jetpilot1101 #6567

What a well thought out post. You showed more compassion to him then I am able to at this point. When I believed in Monk I cared a great deal for him. But over time I witnessed his abandonment of many den members, including myself, in several ways. I witnessed brutal callousness on the part of his assistant, and a phonyness whereby the touchy feely "family" love & concern portrayed on the boards & to strategic individuals, was not consistantly given behind the scenes. When I reached out to Monk for help w/trading after failing miserably going "live" day trading, he would hardly give me the time of day. I practically had to harass him and lose my cool expressing my anger in messages to him and a few others who were close to him, expressing that his rules were not working, and could he please spare some time to work w/me. He finally agreed to a day and time we could talk on the phone & go over my questions. Well, wouldnt you know, he was unavailable that entire day, and guess why....... Well because he had an opportunity to go flying, but didnt even bother to call & reschedule or apologize until I called him on it! As I saW more & more "neglect" of the so called "family" I got more and more angry & was expressing it to Jerry & some close to him. Nobody wanted to hear it. Finally, I practically had to beg Jerry for a scholarship to go to an advanced Monkinar so I could figure out what I was doing wrong. He took a while to get back to me, and I was tremendously struggling financially. I was a Divorced Mother of two, who lived below the poverty line who had already shelled out very hard to come by thousands of dollars to attend 2 Monkinars & all the travel & other expenses associated with them. He finally got back to me me & said he would give me $1500 to either pay bills with or use to go to another Monkinar. I accepted his offer, & he said he'd send a check because he didn't have a paypal account. Then, weeks went by with nothing from him. Again, I had to send reminder messages to him to actually send the check. I believe he only finally sent it to pacify me & keep me from expressing all my anger & frustration publicly. Needless to say at that point I had no choice but to use the money to pay bills. Later, when in Boston, while out socially with Jerry and a small group of others, he proudly proclaimed that he had helped me out with a financial gift. He said it several times & even asked me in front of the others to admit it was true. So, when he says he helped others not for accolades, I beg to differ.
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Louis Winthorpe III

07/07/11 12:04 PM

#6605 RE: jetpilot1101 #6567

Nothing but truth in your responses JP, nothing but truth.
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loanranger

07/07/11 7:59 PM

#6626 RE: jetpilot1101 #6567

Congratulations.
You are officially Ihub's most well-spoken, honest and righteously upset LOSER.

:o)


Seriously, nice job. You are well on your way to avoiding my own personal plight......too soon olde and too late shmart.

Catch ya later.


ps. Re-directed here from the CDIV board. Others have found your efforts noteworthy.

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vinnybotz

07/07/11 8:06 PM

#6627 RE: jetpilot1101 #6567

well done my man!!! curious if a rebuttal occurs. hmmmmmmmmmmmmmm
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BerryBuck

07/09/11 10:24 PM

#6708 RE: jetpilot1101 #6567

Wow!! That was like getting stabbed by an English Professor with an unsharpened pencil. You are defenitely a formidable individual JP.