Sure Trader has been a FBI/SEC honeypot

Pekelo

Pekelo

I knew SureTrader weren't even going to a cent from me when I saw that it was an offshore broker that charged a $100 wire out fee. This was a huge red flag. Specially given no SIPC
 
Pekelo said:
Nice...

http://www.tradingschools.org/reviews/guy-gentile-sure-trader-update/

So you think if you cooperate with the government they would drop the charges against you? Well, you might want to think again, Guy Gentile got it from them after running Sure Trader as a honeypot for them for 3 years, fingering at least 4 other guys....

Weekend reading: (long court material)


https://drive.google.com/file/d/0B5aG42a6lGYgSkZJNmtKN05aR1E/view?usp=sharing
More...


Good Article that reinforces why I felt strange after reading SureTrade's reviews through Mr. Sykes. His thumbs up never gave me the confidence to join them even after he said he was able to get stocks other brokerages did not have access to borrow. Suretrade's interest rates on borrowing tough to locate companies to short was high, did not surprise me to read. Remember when Penson Clearing House had their debacle their incompetence of not having enough capital because they used money to get involved with a horse track?w


One most wonder why companies get so greedy, some of us have lived through more Brokerages and Clearing Houses imploding its not funny. Refco, Knight-Trimark, FXCM's Swiss Trade Blunder, Lehman, Bear, ect....



http://www.timothysykes.com/2015/02/best-penny-stock-brokers-2015/
http://www.topratedfirms.com/brokers/customer/suretrader-review.aspx
 
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