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Michael-Goode

11/26/13 11:35 AM

#54627 RE: petermic #54626

Tokyo Joe would immediately sell into his buy recommendations. That is known as scalping and is illegal. Just hyping up a stock that you own isn't illegal.

Brigham Youngster

11/27/13 10:00 AM

#54703 RE: petermic #54626

Paul Scolardi

I have made the market abuse unit of the SEC aware of his front running activities. I am not familiar with all of the issuers he's touted or if there has been any under the table comp. Also do not know if he tells his lemmings he's selling at the time he's selling or after he's sold.

In some cases the issuers don't mind his hype. In others they do as they don't like to explain the share price/volume spikes to whatever exchange they are listed on.

I will take "honors" for the NVGC trading suspension. Hope everyone here enjoys their Thanksgiving and/or Chanukkah holidays.