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  1. #111
    Can read but not post. Style's Avatar
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    I dont give 2 shits if you were born doing it. Read the very first line in your hot shot explanation. That says it all right there!
    Oh and please dont hurt your arm trying to pat yourself on the back!

    Quote Originally Posted by DAREDEVIL69
    For the SIMPLE FACT THAT YOU SAID YOU HAVE A STOCK BROKER let's me FURTHER know the real education you have and are relying on STYLE!

    The Stockbroker

    To buy stock it's necessary to have a stockbroker, since you cannot buy stock directly from the company that issues the stock. The stockbroker is an account executive (AE), or registered representation, at a brokerage firm. The firm may be a member of the New York Stock Exchange (NYSE), which will sometimes mean that the broker has completed a training course and passed NYSE and National Association of Securities Dealers tests before being approved by the Securities and Exchange Commission.

    Account executives, according to the Wall Street mythology, are supposed to follow a strict code of ethics and obey a number of SEC and NYSE rules. For example, a broker is not supposed to guarantee a client against a loss. The AE is not supposed to share in the profit from a client's account. And the broker is not supposed to rebate any of their compensation to clients. All these rules are honored much more in the breach.

    The brokerage firm charges a commission each time stock is bought or sold, the broker receiving a percentage of that fee. Brokerage fees have been negotiable since May, 1975. A stockbroker's income, then, increases if stock is bought and sold as frequently as possible, which often is not to the investor's advantage.

    Discount brokerage firms offer low commissions and "no-frills" services. They sometimes require a modest deposit or a minimum annual commission.

    Your stockbroker acts as an agent on your behalf and does not actually buy or sell the stocks you select. The broker's firm will be a member of various stock exchanges or have a working relationship with a member firm. When you give your order to the stockbroker it is sent to the trading department of the broker's firm and from there to the firm's represesntative, known as a floor broker, at a specific stock exchange.

    Traders do the actual buying and selling of stocks and deal only with traders at other brokerage firms. Brokers work only with investors. Traders often use the NASDAQ system to find buyers and sellers of stocks. The broker types in the name of the stocks the investor wants to buy and finds a list of brokerage firms willing to sell the stocks and a specific price. The trader then contacts one of those brokerage firms and places an order for the stocks.

    The trader informs the broker that the stocks have been purchased. The investor is informed of the purchase and the commission fee is charged to the investor's account.

    The most hidden aspect of the Wall Street Con Game is the specialist. In most books on the stock market, the specialist is not even mentioned or is written off as "an expert in several stocks." There is even a story which is supposed to convince the unwary investor that the specialist system actually arose by accident in 1875 when James Boyd, an exchange member, broke his leg and was unable to move about the floor, being forced to "specialize" in a certain stock.

    If you want to avoid being taken in by the Wall Street Con Game, I would suggest you read the books of Richard Ney: Making It in the Market, The Wall Street Jungle, and The Wall Street Gang. Ney also provides an investment newsletter which is one of the few to offer honest advice based on a thorough understanding of how Wall Street actually operates. In a recent telephone conversation with Mr. Ney I learned that he is currently working on a new book on the stock market. The genius of Ney's system is that he is one of the few persons to understand how the stock market is actually rigged by the specialist cartel.

    "The specialist system is like a cartel whose members have divided among themselves the proprietary ownership of the stocks of the American corporate complex along with the exclusive right to determine the upward and downward movements of these stocks in the interests of their own merchandising objectives."

    The specialist is supposed to serve two contradictory functions, part of the Wall Street myth:
    As a fiduciary agent to make sure that stocks are traded fairly
    As a trader serving his and his investment banker confederates' interests

    The horrible losses incurred by unwary investors are the direct result of this specialist system, as Ney describes.

    "Those in government charged with the administration of the securities industry and who conduct these investigations are fully aware that since the turn of the century the findings of such investigations have centered on the fact that the deep and inexorable crises of the stock market are caused by the failure of specialists to operate the market in a fair and orderly manner when acting as dealers for themselves while in competition with the public."

    NEED I SHOW YOU THE REAL SCAM STYLE???????? PLEASE DON'TTRY TO MATCH WITS WITH ME SIR...I'VE BEEN DOING THIS FOR A WHILE!!!

  2. #112
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    Quote Originally Posted by DAREDEVIL69
    I WONDER HOW MANY OF YOU GOT GANKED BY PLEXPAY??? THOSE THAT RAN SCARED FROM PIPS BEFORE THEY WENT DOWN ACTUALLY STARTED HAVING NATION WIDE CONFERENCE CALLS STATING THAT PLEXPAY WAS STARTED BY PIPS MEMBERS THAT WANTED TO CORRECT THE ILLS AND SHORTCOMINGS OF PIPS..... BUT SHORTLY THE HEADS OF PLEXPAY WERE ARRESTED AND THROWN IN JAIL AND THE SITE TAKEN DOWN.

    AT LEAST BYRAN'S LEG UP IS THIS WAS ALL OFF SHORE ACTIVITY NOT REGULATTED BY THE SEC SO ANYTHING DONE IS "AT RISK" ANYWAY.

    NO ONE QUESTIONS THE FOREX MARKET (FOREIGN EXCHANGE) WHICH HAS NO CENTRAL LOCATION YET MOVES 24 hr/ day and is a 2 TRILLION/ DAY BUSINESS....YET IS IT TOTALLY LEGAL???? IS IT A SCAM???? IS IT REGULATTED BY THE SEC OR THE FEDERAL RESERVE CARTEL????

    You sir need to go get YOUR FACTS STRAIGHT ROOKIE!
    I wish you wouldn't shout! Please keep your 'voice' down. It is very hard to read!

  3. #113
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    ongoing psy-ops. yes, i experienced before reading about how the market is actually rigged. that it was from the get go. of course, most everything is rigged now...

    i think Bryan was trying to do, Whatever worked.

    nice to read stuff like this tho. it was mentioned (old pips forum) a year and a half ago that we just might all end up as criminals.

    i now find it more odd that no one seems to ever come in Direct contact with Bryan.

  4. #114
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    DAREDEVIL69,

    I think you quoted me by mistake back on the previous page. It doesn't make much sense. Please edit and correct it :)

  5. #115
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    Like I figured..... an ignorant ass would answer just like that. No one is patting themselves on the back... just trying to offer your dumb ass a word of advice since you tend to want to believe everything your stock broker says.

    I'm done... have fun jackass!

  6. #116
    Member Tiiger's Avatar
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    Default Abracadabra

    Its so mutch Troll In this so i think we need Harry Potter..

    Here and right Now

    Tiiger

  7. #117
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  8. #118
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    Here we go again, a lot of useless blablabla. Please stop wasting all this space with all that egotripping.

    When BNM has finished it's investigation and has made an official announcement, then and only then we'll know what the next step will be.
    All the rest is pure speculation and rubish.

    Grow up and get a life.

    take care
    jakvp

  9. #119
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    Quote Originally Posted by trustor
    The Swedish embassy has involved themselves in this matter and if you call them they will enlighten you.

    Hey trustor...

    Why dont you just tell us what they said? What is the big deal that you cant do that? If you are soooo trusting....

  10. #120
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    Quote Originally Posted by Pippyman
    Hey trustor...

    Why dont you just tell us what they said? What is the big deal that you cant do that? If you are soooo trusting....

    It is obvious that trustor is one of the talkcrappers. Just read his posts. He is a joke who is just trying to start trouble.

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