Optionsellers.com goes bust and the apology video is painful to watch

Yes...in 1993.

 

Yes this is what you get called when you pay $69 per contract per trade, family! LOL

 

To collect $50K per year, they then traded 725 times each year, or 14-15 times a week. They must be day trading options?

 

Nah I am sure they share some of that commission with FC Stone.

 

When strangers call you "buddy, mate, bro, family, pal, my darling...." Watch Out!

 

Yes they should be calling me "Sir" or "My Lord" or "Your Majesty" LOL unless one is really related to them like in Bernie Madoff's case then you would have no choice but to be called "family" and get conned all your life savings.

 

Haha, at least Bernie had a complicated Ponzi schema going on. The JC guy just went balls to-the-walls naked short, pure risk, no safety net. So he had a much simpler way to screw everyone?

This is good, yes? *roffle*

 

Yes of course. These are the last remnents of bucket shops past.
I haven’t seen his returns but it appears he was a good trader?? Until he wasn’t.
Even if he was charging $0 rips he would still be BK today.

 

Watch Guy’s firm pockets the whole $69, I’m sure.
The $4 is FC Stone’s.

 

Balls to the walls? That is OUCH!!! LOL But he DID have safety net!!! He bought 26 calls at $0.009 each for the 244 shorts that he shorted at $0.05 each!!! He HEDGED!!! LOL I am SURE his lawyer would bring this up as proof that he did vertical spreads according to his POA, I am sure!!

And the best of all, you can't even call him a crook!! He REALLY invested their money and invested their money like "they were his family". If this is how he invests somebody's money like they were his family, wonder how he invests somebody's money not like they are his family, worse like they are his enemy? Very scary dude indeed...