worldco going out of business??

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Quote from I Missed Boat:



BS. Don can definitely go slightly overboard marketing, but he hasn't taken advantage of this situation really, and he sure hasn't pulled what several people have just on the last several pages.

i have to agree ...i think Don has handled this situation appropriately. and i don't think he is frothing at the mouth about this either. i am not saying he nor I aren't competitive, but like the situation with Harbor we hate to see this kind of thing happen. My main concern now is that traders get back as much of their capital as possible.

my instincts are to get on this thread and recruit like hell but i have chosen to alert the moderator whenever i see a non-sponsor advertising. and then to respond to any echo related post that i feel needs clarification.
 
Quote from Maverick74:



What is it with groups. Why can't you guys just go to another prop firm. Why do you have to form a group. The stupidity of this amazes me. Do you guys have any idea how capital intensive this business is? You can't just form a group and think everything is going to be hunky dory. I think everyone at Worldco learned a good life lesson about who they should associate themselves with. And now you want to lure them into your "group". What is that. Freaking 5 guys in a room with a sub LLC. Get real man. These guys just got their ass handed to them. I think it's time they look for a little more professionalism not less. You can't trust anyone in this business. And I mean anyone. But if you do choose to get involved with someone, for god's sake make sure they over capitalized and make sure their is some integrity there. Enough of this group shit. Groups are what killed Worldco. They had like 400 of them.


That's a good point. Find a real firm like Bright or Assent. Would you really trust your money in a fly by night operation??

Like Tony Montana's banker said and I quote:

"Tony, you really gonna trust a bunch of monkeys in some Bahamian bank??" :cool:
 
Quote from axehawk:

Can't some of the Worldco traders hire a lawyer to freeze all of the company's assets to keep them from being funneled offshore? How can they just sit their idly by for the next 2 weeks.



Any lawyers out there?

I am a lawyer. This is interesting. Should traders get an injunction to protect their remainders, such that in sufficient time to force the firm to accord them their capital. Otherwise, someone might die and some matters will fall under a testator or testatrix, because the capital will seem to be part of said deceased member's estate after the capital is wired to secret offshore accounts. We can get some motions filed ASAP, but I need all those interested in utilizing my firm for a class action suit to PM me for details.

 
If I was at Worlco right now, I'd be sick to my stomach ready to barf. If I couldn't get my money out I'd probably walk into the office with a baseball bat and start smashing monitors.
 
Chris....you seriously have to reconsider your previous statement about not ever trading with Assent or Bright. This is your career, don't make an irrational decision because some anonymous person on a website pissed you off.

Check out all your options...and choose what's best for you.

Volume
 
Quote from VOLUME:

Chris....you seriously have to reconsider your previous statement about not ever trading with Assent or Bright. This is your career, don't make an irrational decision because some anonymous person on a website pissed you off.

Check out all your options...and choose what's best for you.

Volume

chris watts is not even a trader, look at his posts
he is part of the problem with worldco
 
why are all my posts being deleted,,but ass remarks like this are kept? hello, magna???

Quote from burnin:



chris watts is not even a trader, look at his posts
he is part of the problem with worldco
 
I think the guys who run this board are condoning the negative bashing on worldco. Judging by the types of posts that are kept and the ones that are deleted. Has it gotten that bad that Don Bright's ad revenue is so crucial to your bottom line?

Pathetic...
 
well, it's hard to join a firm when the first question they ask you is how much money you're willing to put up...not how experienced you are. goes for both Bright and Assent. also, Bright is RETAIL, not prop. they nickle and dime you for everything...treated like a customer, not part of the firm.

Quote from VOLUME:

Chris....you seriously have to reconsider your previous statement about not ever trading with Assent or Bright. This is your career, don't make an irrational decision because some anonymous person on a website pissed you off.

Check out all your options...and choose what's best for you.

Volume
 
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