Is Last Atlantis still operating?

[arbs-r-us]

Anyone have any information on the option scalping firm Last Atlantis? Dead? Alive?

 

[fluttrader]

url ?

 

[arbs-r-us]

metooxx - you still breathing???? earth to Michael... come in Michael.....

Was this nothing more than a money losing operation who's sole function was to attempt to collect payment for order flow fees????

http://www.nfa.futures.org/basicnet/CaseDocument.aspx?seqnum=1572

 

[atticus]

http://www.lastatlantis.com/LACM/funds.htm

 

[arbs-r-us]

I was making my comment SPECIFICALLY towards the option group. The rest of the funds may have passed their NFA review.

Is the option group still in existance? And what was the logic to make that style of trading a "fund" anyway?

 

[arbs-r-us]

How do you have as many traders as they did, implode in flames, and have radio silence?

 

[fluttrader]

How many traders did they have ?

 

[NY_HOOD]

what kind of fool would trade with a company with that kind of name ! gimme a break.

 

[arbs-r-us]

Did Michael (metooxx) put all you guys under a gag order? Come-on, fess up now.... The world wants to know....

 

[atticus]

Quote from GGallin:

Couple ET guys traded there. Nitro, Rear metal, Marketsurfer among others. --I heard they all made several mill then moved on when the markets changed. The funniest thing is the person who made 10 mill plus was a 22 year old ex teacher who never traded before in her life. It was explained to me that if if you just followed the directions easily make 1-2 million a year. Are they still operating? That was supposedly the best trading program ever established, made many millionaires--wonder what happened?

You're joking. Two of those you mention blew-up at LAC. Rearden was backed at one time by LAC, but not in the ridiculous "pick-em" trade. As you know, the trade consisted of trading a pick-em market; say $3.00 x $3.00 and trading into the short-term trend.