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Don and I both have acctg degrees, but I guess we will disagree (in a friendly manner) as to which is most important. As to someone taking out all the profits, they could do this the day after the balance sheet was created. I think the test of whether a firm is a going concern is whether...

No, there are no predictions. To bent prop, there are definitely going to be some changes regarding stocks that can be shorted without an uptick. There was a meeting in Arizona in the past two weeks that involved regulators and securities lawyers. I have been told the current...

While the so-called risk-free nature of a bullet transaction (it actually does have some minimal risk) is one of the elements that concerned SEC in their release, I believe the focus of the release is that traders have been using methods of evading the "uptick" rule. If you read the...

For those of you who know me, you know I spend a lot of money on advice from very good securities lawyers. These lawyers are often former employees or heads of SEC's Enforcement Division. Given my latest foray has cost over $2k in legal fees, I am going to weigh in on the subject. It is...

If they didn't file, my opinion is that you need to get three creditors together and force them into involuntary bankruptcy so a receiver will be appointed and an accounting made. Of course, that's just one man's opinion. It's something I would have done months ago if I understand the...

I checked into this pretty thoroughly several years ago, and the cost was prohibitive. This policy would have to be written by a "Special Lines " company. If your firm has true retail traders, excess coverage above the 500k SIPC coverage is available to the firm, but not to individuals...

Did they actually file for bankruptcy protection?

I once got filled on a 4000 share buy order$82 dollars below the market. I was the MAN for 30 minutes or so.

CCA- Corrections Corp of America KROL-Business Security Firm GEF--Greif Brothers

Man, is that thing long......and verbose. I guess people had nothing better to do back then..... Let's see... no radio, no TV, no A/C.....but HEAVY clothing.

Did anyone see the Dubyah impersonator on Fox Thursday? Q. Osama Bin Laden has said some pretty bad things about you...calling you a murderer. What do you have to say to him? A. Osama, whatever you say is just like glue....bounces off me and sticks to you.

Measuring this mathematically seems to require certain assumptions regarding the probabilty of success. Consequently, it is my considered opinion (as opposed to my unconsidered opinions) that it is impossible to accurately predict risk of ruin in the market. Conclusion: Just wing...

Which dud.... I mean dude is your choice?

Yes, he's for real. How do I know? Because "THEY" told me. Harry is obviously well-read, yet I think he sometimes confuses fiction with non-fiction. He's an interesting guy to banter with. If I had the time I would keep doing so.

Keep working for table scraps so the fat bastards like me can keep getting richer at your expense. Give up your hopes and dreams and succumb to The Man. You have no chance---THEY are in control of your life. How do I know? Because I AM "THEY" ---THEY

I would appreciate hearing from anyone who has used this outfit. Specifically, have you been able to speculate on futures and get paid?

I am told by a federal criminal defense attorney and former federal prosecutor that someone who claims innocence on the stand and is later convicted can indeed be charged with perjury. However, he says this is almost never done. He knows of 1 case. It's kind of like everyone's belief that "...

Since I have recently gained weight, I will weigh in on this subject. There are plenty of people in federal prison for long periods who lied to federal investigators. The federal prison population has gone up 466% since parole ended on Nov 1 1986. Further, since Martha has not accepted...

The stock ran up in anticipation of some soothing words. When the conference call began, the company's man repeated a previously issued press release, said no calls would be taken, and disconnected. It lasted about 2 minutes, including the obligatory "forward-looking statements disclaimer"...

I am always amazed at how many people will sell calls against a stock without realizing it is equivalent to selling naked puts. RiskArb knows his stuff. I have tried to explain this to brokers and they look at me like I am from Mars (the planet, not the chocolate company).