Is the government wrong...
posted on
Aug 11, 2013 11:04PM
(Edit this Message from the "Fast Facts" Section)
...for running a ponzi scheme of a market, and ripping off millions of taxpayers to fund it? You'd better believe it!
Is JP Morgan wrong for manipulating the metals market for years, and ripping off millions of dollars from investors and mining companies doing so? You'd better believe it!
These are only two examples of corruption that result in investors losing capital...and yet there are contributors to this board who make no bones about floating their ideas concerning wrongdoing and why JPM and the government should be held accountable.
If I have stock in JPM, should I tell Pic to back off so I don't lose my invested capital, even though he is convinced that there is criminal activity going on from Jamie Dimon and Blythe Masters straight on down to the "London Whale?" No...Pic has every right to at least bring to light grave inconsistencies which result in bells and whistles going off in his head.
I have had bells and whistles going off in my head for over a year concerning PQ and the three years that he has "run" this company. Remember, this is not coming from a paid basher...I showed my face at the SHM. I know Pic, Bobby Joe, Spiny, Don...and even RK...personally! The reason why I posted my last comment about Iliad is that there is no way they could have been the one dumping...even the most ardent PQ supporter must acknowledge this. Millions of shares per month were being dumped above and beyond any that Iliad could have been dumping. If you deny this, you just can't do the math.
Now Bouts is calling for me to be banned. Don't worry Bouts...I already sent a PM to Spiny several weeks ago asking to be banned, and we put it aside. Can't answer my concerns, so just ban me, huh? Real smooth. Spiny said I should just stop posting...but I can't stand the P&D's that are sucking people in to this POS. I do not take delight in loss of capital. I just want to see crooks get caught and nailed for once (if that truly is going on.)
Can someone please at least work with me on this? Can ANYONE give me an explanation as to where that many shares could have come from...being dumped back on to the open market? Give me a good answer, and I've got $5k ready to buy back in. You heard me right...give me a good answer as to where the heck these shares came from, and I'll buy into this P&D...I mean...rally.
Pic...I know you and I are thinking the same thing, brother. After all the head bashing we've done over the past months, I would still say that we are cut out of the same mold. The only difference between us is that you still are in the game. We both agree someone needs to be castrated.
Hey Spiny...maybe it is time after all.