Day Trading Solutions

Search
Directory
Links

Create the future you want! Learn to make money online. Visit our website and start today!  www.exclusivebizopps.com

SEC Targets Internet Touts

Stock Option Trading By H. Bernstein - editor, StockPatrol

A model of the optimal signal is a neural network model that predicts what action should be taken in the market. It does this by predicting what the current value of the optimal signal should be based on a selection of inputs. Trading Solution Trading solutions are bundles of one or more fields that include all of the information needed to recreate a signal or other field. This information includes any calculated inputs, optimal signals, predictions, training weights, or custom functions used to create the target field.

Currency Day Trading In a series of administrative proceedings, the SEC has charged several well-known stock touts with selling unregistered stock. It's a good move by the regulators - but is it enough?

Didn't this used to be two boxes Call me Ishmael. I am just getting back into dating and I feel like a paper target. (Bow and arrow type target.) Target . . . should have put that in the shopping sec...

Financial Software Trading Visit our Axcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our micro cap stock poll too!

Traditional Aerobic exercise, with the heart rate between 65%-85% of Maximum, on the other hand, only burns calories as you perform the activity. Maximum HR Calculator Target Heart Rate Calculator Then press Calculate. Maximum Heart Rate Target Heart Rate per minute (75% 85% of Max) Target Heart Rate 15 sec count ( High Intensity Cardio has been shown to also burn calories afterwards due to the severity of the activity).

Online Stock Trading Company Print This Page

    controlled, plane shutter 4000 sec. 60 sec., 200 sec., 4000 sec. to 30 sec., bulb (Total shutter speed range. Available range varies by shooting mode.) touch electromagnetic release sec. sec. sec. delay plus continuous shooting 5 (Optional Accessories)

Forex Day Trading The Internet is cluttered with touts who have been promoting obscure over the counter companies, expressing unjustified optimism about companies' prospects, and minimizing, or simply ignoring, the limitations of those companies and the risks of a potential investment. Often, those promoters disclose that they have been compensated for their efforts with "free trading" shares of the company's stock - purportedly handed to them by an "unaffiliated third-party."

    controlled, plane shutter 4000 sec. 60 sec., 200 sec., 4000 sec. to 30 sec., bulb (Total shutter speed range. Available range varies by shooting mode.) touch electromagnetic release sec. sec. sec. delay plus continuous shooting 5 (Optional Accessories)

Financial In Market As it turns out, much of that stock is not really "free trading" and those "third parties" may indeed be affiliated with the company issuing the stock.In a series of cases filed earlier this month, the SEC has targeted a group of Internet stock promoters who use "financial websites" and e-mail to pump up the value of obscure, struggling public companies, in exchange for shares.

Stock Trading System On October 23, 2003, the SEC instituted seven administrative proceedings charging thirty one public companies, stock promoters, and their associates, with engaging in schemes to distribute unregistered shares of stock, and then unloading hundreds of thousands of shares on unsuspecting investors.

Day Trading Stock Tip The SEC actions do not focus upon the accuracy of the promotions, but on the compensation paid to, and received by, the promoters. They highlight a common abuse; compensating stock touts with so-called "free trading" stock that they dump shortly after they pump up stock prices through aggressive Internet campaigns.As the SEC discovered, this practice involved some of the Internet's most active promoters. Here's a summary of the SEC actions:

Financial Forex Forex Software The Equity Alert case

Stock Market Trading The SEC instituted proceedings against Equity Alert.com, a Vancouver, British Columbia-based Internet stock promoter; its parent, Innotech Corporation; two principals of those entities (Harmel S. Rayat and Bhupinder ("Bill") S. Mann);
and two public companies (T&G2, Inc. ("T&G") and Virilitec Industries, Inc. ("Virilitec").

Day Lesson Stock Tip Trading According to the SEC, Equity Alert was initially retained to promote an over the counter company called International Mercantile Corporation (IMC), T&G2's predecessor. The person who retained Equity Alert was president of a private company that was negotiating to merge with IMC in order to form the company that would become T&G2. That individual arranged for a private company that he controlled to provide Equity Alert with a promissory note that could be converted into IMC stock.Equity Alert accepted the assignment and disseminated an e-mail characterizing IMC as the newest of the "red hot" biometric companies that had begun to thrive after the terrorist attacks of September 11, 2001. That promotional campaign proved successful. In the two days that followed the e-mail, IMC's stock price rose 31 percent, from $1.13 to $1.48, and volume soared.That proved profitable for Equity Alert. One day after the e-mail was distributed, Equity Alert sold its IMC shares for $132,500.

Financial System Trading A similar pattern occurred with Equity Alert's promotion of Virilitec, a Brooklyn, New York company which develops nutritional supplements that purportedly enhance sperm count and sexual virility. In that case, the husband of Virilitec's president arranged for one of the Company's long-time shareholders to transfer 40,000 Virilitec shares to Equity Alert as consideration for promoting the Company.

Day Trading Future After Equity Alert began to pump up interest in the Company - using promotional e-mails - Virilitec shares experienced a spike in trading volume, and Equity Alert sold its shares for almost $39,000.

Financial Forex Market Trading The SEC maintains that the IMC and Virilitec shares delivered to Equity Alert were restricted because they were obtained from persons who were directly or indirectly in control positions with those companies. Therefore, the shares should not have been resold by Equity Alert for at least one year.

Online Trading Stock And Each of the respondents named in the Equity Alert case agreed to settle the proceedings without admitting or denying these findings.

Day Trading Software The Small Cap Solutions Case

Financial Market Science Proceedings were filed against Research Capital, LLC, a Florida venture capital company; its principals, Craig L. Smith, III and R. Craig Hall; and a group of Internet stock promoters - Wayne H. Jenkins; Jenkins' company, IR Specialists; Tyler T. Fleming; SmallCap Solutions, Inc.; Complete Financial and Operations, LLC; Scott H. Wilding; and Research Investment Group, Inc. (RIG).The SEC maintained that Research Capital hired Wilding and RIG to tout a small company that was affiliated with Research Capital and its principals Smith and Hall. In return for those services, RIG promised to give Wilding four million shares of the company, at one third of the market price. In fact, Smith and Hall transferred 3,300,000 of the shares to Wilding.

Stock Trading Software According to the SEC, the promotion was "subcontracted" by Wilding and RIG to Fleming and his companies, SmallCap Solutions and Complete Financial; and Jenkins and his company IR Specialists.

Emini Day Trading The SEC noted that the promotional campaigns that ensued coincided with increased trading in the public company's stock. While the promotion was moving forward, the promoters sold their shares for over $130,000.The complaint also claims that SmallCap Solutions and Fleming were hired to promote another publicly traded company in exchange for 30,000 unrestricted shares. In that case, the public company purportedly directed a shareholder to give the 30,000 shares to SmallCap Solutions, and then rewarded him (or her) with 60,000 restricted shares.

Financial Sales Services Once again, shares of the company's stock rose following the promotion and SmallCap Solutions sold its shares, this time for almost $16,000.

Forex Day Trading System As in the Equity Research case, the SEC alleges that the shares received by these promoters were restricted and should not have been sold without registration.Several of the respondents (Research Capital; Smith; Hall; Jenkins; and Jenkins' company, IR Specialists) settled the proceedings without admitting or denying the findings. The other claims are still pending.The First Capital International, Inc. CaseThe SEC filed a set of related proceedings involving First Capital International, Inc.; its president, Alexander Genin; stock promoter Edwin M. Koziol; OTC Live, Inc.; and Mark A. Suleymanov.

Financial Services Trading The Sec says that Genin hired OTC Live and a now-defunct stock promotion company run by Koziol, to promote First Capital on the Internet. In order to pay the promoters, Genin arranged to transfer to them a total of 64,500 First Capital shares from a brokerage account he controlled.

Online Stock Trading Canada The promotional campaign apparently began when OTC Live posted a research report recommending First Capital stock. In the days that followed, the Company's stock rose 92 percent, from $0.13 to $0.25 per share. OTC Live later sold its shares for $3,285. About a month later, Koziol's company began to promote First Capital. Koziol's company then sold its shares for approximately $3,300.

Beginner Guide To Online Day Here again, the SEC concluded that the promoters received their shares from someone in a control position at First Capital, with a view toward selling them. Consequently, the shares were restricted and should not have been sold without registration.

Financial Portfolio Trade First Capital, Genin and Koziol have agreed to settle the proceedings, without admitting or denying the findings. The remaining proceedings still are pending.The Case Involving MicroCap Marketing, Inc., Lorsin, Inc., Russell Management, Inc. and Harold Engel, Jr.The SEC brought proceedings against two publicly traded companies (Energy & Engine Technology Corporation and ProActive Computer Services, Inc.);
Lorsin, Inc.; Loretta M. Lockhart; Craig K. Hjalmarson; Russell Management, Inc; George R. Siembida; Harold Engel, Jr.; MicroCap Marketing, Inc; and Shane M. Nelson.According to SEC, Energy & Engine retained Siembida and his company, Russell Management, to promote the Company, agreeing to compensate them with Energy & Engine stock that was registered on a Form S-8. The shares, however, were not properly registered since Form S-8 may not be used to register shares issued as compensation for stock promotion services.

Online Broker Day Trading Siembida then subcontracted some of those services to Engel, who operates a stock promotion website, WillyWizard.com, and transferred some of the improperly registered shares to Engel as compensation. The SEC charges that Engel, in turn, subcontracted with two other promoters, Hjalmarson and Nelson, paying them with a portion of the improperly registered stock. Siembida, Engel, Hjalmarson, and Nelson then sold their improperly registered Engine & Energy for a combined total of over $14,000.

Financial Future Trading The SEC also alleges that Nelson and MicroCap Marketing participated in a second illegal stock distribution with another small cap company, ProActive. In this case they purportedly received unrestricted shares of ProActive stock for their efforts from a "third-party" ProActive shareholder. The SEC states that the shares were restricted, and therefore could not be sold without registration.

Stock Market Trading Tip The two companies, Engine & Energy, and ProActive, have agreed to settle the claims without admitting to the factual allegations. The other proceedings are still pending.

Day Trading Strategy Unfortunately, while these cases draw attention to the improper compensation of Internet promoters, they do not address a second, pressing issue. Did the promoters overstate the prospects of these companies in order to pump up the value of their shares. And, if so, why aren't they being held accountable for that conduct as well?

Online Stock Trading Game Reprinted by permission of StockPatrol.com. All rights reserved.

Day Trading System AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

[ Comment, Edit or Article Submission ]

Share this:

Add To Google Bookmarks Add To Furl Fav This With Technorati Add To Newsvine Add To Bloglines Add To Ask Add To Windows Live Add To Slashdot Stumble This Digg This Add To Del.icio.us Add To Reddit Add To Yahoo MyWeb

More about:

Oct November 2008 Dec
Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30            

Day Trading Solutions Blog on Technorati Related Blog of Day Trading Solutions on Sphere

Day Trading Solutions

Copyright © 2008 www.daytradingsolutions.co.uk. All rights reserved. Valid XHTML 1.0 Transitional

Home Depot Canada Improvement Renovation and Tools