Wade Cook Indicted
- Thread starter ShoeshineBoy
- Start date
The dude needs to be killed. Maybe not though. That would be too easy. Perhaps hung up by the "curlies."
can this pristine place get in same trouble as wade cook by the SEC for these, how to say , "performance" posting and seminar... who know?
Those who write economics books, business books, medicine books, any college text book. Can I sue my economics teacher in college when my business fails? I paid 16K tuition a year far more than the typical 3K stock trading seminar. Where do we draw the line?
Ultimately we make the decision to attend college, take a seminar, open a business or place a trade. We are in control of our own actions. Is it really a crime for someone to profit from our bad decisions??? My wife constantly buys advertised goods that she does not need. Do I have a case against 'them'?
What is the difference between Wade Cook posting questionable performance numbers and Budweiser suggesting that I'd be hooking up with these gorgeous babes if I drink Bud Lite in their commercials? So if I don't get some, can I sue 'them'?
Mark
Ultimately we make the decision to attend college, take a seminar, open a business or place a trade. We are in control of our own actions. Is it really a crime for someone to profit from our bad decisions??? My wife constantly buys advertised goods that she does not need. Do I have a case against 'them'?
What is the difference between Wade Cook posting questionable performance numbers and Budweiser suggesting that I'd be hooking up with these gorgeous babes if I drink Bud Lite in their commercials? So if I don't get some, can I sue 'them'?
Mark
>>What is the difference between Wade Cook posting questionable performance numbers and Budweiser suggesting that I'd be hooking up with these gorgeous babes if I drink Bud Lite in their commercials?<<
Essentially, consumers getting pissed off versus pissed up.
>>So if I don't get some, can I sue 'them'? <<
Maybe. Try these guys.....they sue damn near everyone:
http://www.milberg.com
Essentially, consumers getting pissed off versus pissed up.
>>So if I don't get some, can I sue 'them'?
<<Maybe. Try these guys.....they sue damn near everyone:
http://www.milberg.com
Originally posted by Optrader
>>What is the difference between Wade Cook posting questionable performance numbers and Budweiser suggesting that I'd be hooking up with these gorgeous babes if I drink Bud Lite in their commercials?<<
Essentially, consumers getting pissed off versus pissed up.
>>So if I don't get some, can I sue 'them'?
Maybe. Try these guys.....they sue damn near everyone:
http://www.milberg.com
LOL funny very funny
MarkCohen -
In your example, the difference between Wade Cook and Budweiser is that Budweiser is only "suggesting" you could hook up with those hot babes.
They're not claiming that Auggie Busch is getting laid by women like that because he drinks Bud (he probably is, but it's because he's rich, not because he drinks Bud).
Cook on the other hand I believe led people to believe that he personally was using his "techniques" and making the performance he claimed when he wasn't.
The first case is creative advertising. The second case is fraud.
As far as your college econ professor - if he claimed that you'd be able to run a successful business based on what he taught, it's time to find a bulldog attorney
Of course, most college professors have never worked in the realworld, so it IS a little like being taught to trade by someone who's never traded :eek:
In your example, the difference between Wade Cook and Budweiser is that Budweiser is only "suggesting" you could hook up with those hot babes.
They're not claiming that Auggie Busch is getting laid by women like that because he drinks Bud (he probably is, but it's because he's rich, not because he drinks Bud).
Cook on the other hand I believe led people to believe that he personally was using his "techniques" and making the performance he claimed when he wasn't.
The first case is creative advertising. The second case is fraud.
As far as your college econ professor - if he claimed that you'd be able to run a successful business based on what he taught, it's time to find a bulldog attorney
Of course, most college professors have never worked in the realworld, so it IS a little like being taught to trade by someone who's never traded :eek:
Just a note. In general Authors write books, Speakers with a gift of gab give seminars and traders trade. There are of course some
traders who occasionally give seminars , but this is not their main business. Doctors as an example, may be gifted in one line of work , but may not be able to trade their way out of a paper bag. Very often at these seminars, successful people in other professions, may be fooled into wasting thousands of dollars.
Most successful traders are unknown to the general public and are busy making a good living trading(not giving seminars or even
giving one on one mentoring sessions). Trading is one of the hardest professions to be successful and there is no "holy grail"
or "magic formula" for success. Wade Cook was very successful giving seminars, NOT TRADING.
Gene Weissman
Lieber & Weissman Sec., L.L.C.
gweissman@stocktrade.net
traders who occasionally give seminars , but this is not their main business. Doctors as an example, may be gifted in one line of work , but may not be able to trade their way out of a paper bag. Very often at these seminars, successful people in other professions, may be fooled into wasting thousands of dollars.
Most successful traders are unknown to the general public and are busy making a good living trading(not giving seminars or even
giving one on one mentoring sessions). Trading is one of the hardest professions to be successful and there is no "holy grail"
or "magic formula" for success. Wade Cook was very successful giving seminars, NOT TRADING.
Gene Weissman
Lieber & Weissman Sec., L.L.C.
gweissman@stocktrade.net