Re: Here is a question for all of you investors out there.
This was an amazing story. This kid was actually getting strong-armed by the SEC. He was actually accused of recommending stocks on internet BBs in order to increase their value. When the SEC (in the begining only his Mom was present)asked him a question - he would respond with this phrase "Isn't that what Wall Street analysts do when they publish reports?" This really pissed off the SEC Chairman, he was also angry that the kid had bought himself a BMW with the profits. When Mom finally got a lawyer the SEC backed-off most of the charges.
BTW, this coincided with the end of Wall Street research glory days.
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