Is that you Prahlad?

I was phishing for BA to post. He did. The, "how the **** would I know?" was rhetorical, idiot.

I hadn't heard of Prahlad's collusion assertions against BA until this thread. Exactly what virginal rep are you referring to?

bc there is not a single detail from the transaction that is anybody on this websites business?

Here's a good discussion...
Where Don Bright discusses their trading approach.

Note he says, "We're close to utiilizing about a half billion $ at this point". So that is probably supported by about 10%... or about $50 million in actual Net Capital... and the Clearing Firm puts up the rest.

http://www.fattail.org/t145-Statisti...s-Trading.html

i haven't used much of my Business/Economics degree the last couple years but i do remember case studies of bill and hold, pump and dump type of operations.

eventually someone will be left holding the empty bag

sounds like op is accusing BA of hyping up ELN (with pretended insider info. as BA can not know the Food and Drug Administration's pending decision) to somewhat unknowlegeable poker pros. If the FDA's decision was different, everyone would make off like bandits. AK vs. mid pocket pairs here allin preflop (or FDA decision in this matter).

the gamble was lost

Redman you have posted some really interesting stuff in here and saved this thread. nice job.

The first rule of fight club man. The first rule of fight club.

Insider trading is everyone's business.

Ha, seriously? My trading buddies made some nice coin shorting AMLN today.

so if there was insider trading then they can show proof...if there was no insider trading...there is no reason for them to disclose anything

Oh my God. There was NO insider trading. The insider trading angle was a ploy to sell the trade.

LOL is that even more illegal? This thread is greatness.

No she didn't. That was what she was SUPPOSED to be locked up for. The jury were idiots. They convicted her of insider trading. Too bad she wasn't accused of that.

not at all illegal, it's called salesmanship and is a pretty acceptable business practice in most places

Deceiving someone by saying you have knowledge that has been attained illegally is acceptable? Ok.

Inmother****ingdecipherable.

I'd recommend you be careful about this. Anyone with legit inside info isn't freely giving it away, it reduces their own edge (assuming they are willing to risk prison by trading on it). But giving out "tips" to less skillful investors is a often a method of pumping up positions the tipper needs to dump.

Rich guys don't get richer trading stocks in some rich guys network, they often just get ripped off or sucked into someone else scheme. Rich guys got rich by pursuing their own business/skills, and to keep those riches it's important to shield them from -EV wagers suggested by "rich friends". My guess is most rich people would be far better off in plain vanilla portfolios allocated with minimal downside risk even if it just means market standard returns. The negative utility of going broke or to prison when you are already rich dwarfs the positive utility of getting richer.

Martha Stewart thought her friendship with the CEO of ImClone guaranteed her juicy gains on it's stock, instead she ended up in prison. At first she was pissed off he never even called her to tip her when he dumped shares, she had to hear it from her broker. But that's what saved her from also getting an insider trading conviction to go with her obstruction conviction! So much for the value of her network of rich friends.

has Brandon Adams posted in this thread yet?

Yes.

there's a concept of buyer beware in the business world

people are assumed to know that a Phd in business at Harvard is just as unlikely to know about the FDA's decision as any of us


this does not prevent him from saying to relatively unknowledgeable poker pros that he is confident one way or another about the pending decision that would make everyone lots of mobnies

why didnt durrr's post end this thread?

besides durrrr not elaborating on anything, brandon said there's some truth to what op said and that he'll give more details when he's free.

OP,
do you expect to keep your job? outing someone in this manner can't be a popular practice at the firm.

disclaimer - everything i know about trading i read in this thread

last time i checked...durrr was one of the ones who lost money...and none of the NVG ******s had anything to do with anything...it seems really ridiculous for the mods to leave the thread open and let idiots spread crazy false **** which could have serious implications while brandon cant defend himself...if he wishes to make a statement when he is free im sure he has the know-how to PM a mod to open the thread and post or start a thread of his own

why would anything need to be elaborated on? since when can some anonymous psycho post something and you are guilty if you dont come and prove yourself innocent? if OP knows anything he can show proof or gtfo