All, after some long and important research, I hav
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Posted On: 02/20/2018 2:51:07 PM
All, after some long and important research, I have found the way TD and his minions stole our assets. Read below and realize how familiar this story sounds, copied and pasted for your viewing:
Market analyst Anthony Elgindy often sent his readers comical analysis of penny stocks, such as:
"Ariad Pharmaceuticals is pure diarrhea."
His unique style earned him a loyal following, and he was making as much as $1.5 million per year from subscribers to his "research."
He owned a Hummer, Ferrari, Jaguar and Benz… it was the dream penny stock lifestyle.
But today, he's serving nine years in prison.
Where did it all go wrong?
Description
Elgindy and his subscribers were making money by "short-selling" penny stocks, a strategy that lets you profit as share price falls.
But short-selling is perfectly legal, so where's the scam?
It turns out Elgindy was paying crooked FBI agents to open investigations into penny stock companies he was short-selling.
It didn't matter if the company was breaking a law or not, when news of these FBI investigations were made public, share price would plummet.
And Elgindy and his followers would make a killing at the expense of innocent and clueless shareholders.
This penny stock scam is the opposite of a “pump and dump” and is known as a "short and distort."
You might not have heard of it before, but it's very common. Let me assure you.
So common in fact, that a loudmouth, well-known TV personality even implied that he used this scam when he was a hedge fund manager, claiming it's a "a very quick way to make money."
He then goes on to admit it's illegal, but "you do it anyway because the S.E.C. doesn't understand it."
Shocking!
But if the S.E.C. doesn't understand it, and the FBI’s on the take, what chance do you have?
Market analyst Anthony Elgindy often sent his readers comical analysis of penny stocks, such as:
"Ariad Pharmaceuticals is pure diarrhea."
His unique style earned him a loyal following, and he was making as much as $1.5 million per year from subscribers to his "research."
He owned a Hummer, Ferrari, Jaguar and Benz… it was the dream penny stock lifestyle.
But today, he's serving nine years in prison.
Where did it all go wrong?
Description
Elgindy and his subscribers were making money by "short-selling" penny stocks, a strategy that lets you profit as share price falls.
But short-selling is perfectly legal, so where's the scam?
It turns out Elgindy was paying crooked FBI agents to open investigations into penny stock companies he was short-selling.
It didn't matter if the company was breaking a law or not, when news of these FBI investigations were made public, share price would plummet.
And Elgindy and his followers would make a killing at the expense of innocent and clueless shareholders.
This penny stock scam is the opposite of a “pump and dump” and is known as a "short and distort."
You might not have heard of it before, but it's very common. Let me assure you.
So common in fact, that a loudmouth, well-known TV personality even implied that he used this scam when he was a hedge fund manager, claiming it's a "a very quick way to make money."
He then goes on to admit it's illegal, but "you do it anyway because the S.E.C. doesn't understand it."
Shocking!
But if the S.E.C. doesn't understand it, and the FBI’s on the take, what chance do you have?
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