Timmay, those Fund of Funds were wise to avoid you!! SYKES SAID: "I wanted to impress my new investors with gains, so my fund made a short-term load to Cygnus for $250,000 because it seemed to be an easy way to accumulate added interest without much risk. ...so I invested $75,000 more in exchange for more restricted stock. Unfortunately, the other company insiders never came through with their side of the deal....
These 2 quotes are from separate chapters---nice of these guys to lump them together and take them totally out of context. C'mon you bastards, show me something from the same paragraph that you don't have twist to fit your BS thesis.
SYKES WARNS READERS: "Be warned--- professionals earn their living by preying on amateurs." Timmay, seeing you babble on TV about trading and this "book" are means of preying on amateurs!
I think this is true... One point I think is also interesting. There is enough in this book, all of which can be verified easily with just a few queries, that should be brought to the attention of HF regulators. Why is there multiple 'selective application' of the laws? Timmay represents himself as a 'hedge fund' manager; he should be subject to the regulations that govern hedge funds. I doubt the fact that most of the money was his own will be an aggressive defense. If all of the money was his, but he registered as a fund, he is still subject to the law. If one dollar is from an outside source then all the more so. Looking into this now. More later...
Again, taking my words out of context. Professional TRADERS PREY ON AMATEUR TRADERS. Since you guys are most definitely amateurs, you can definitely learn a lot from my story.
Everything I've ever done has been in full compliance with the law. Are you really that bitter of a person to try to get me into trouble without understanding my story? What did I sleep with your wife or something? Calm down dude, seriously.
Good point! (But we are all pals here at ET; no need for extra heat for Timmay) Timmay, you need to re-think and re-word your "logic/argument" here; More poor writing on your part....
Hey, when you guys mash together 2 sentences from 2 different chapters and try to draw a conclusion from that, what else am I supposed to think? That's a classic amateur move--how could you not think I'd point this out?
i could make his ppm look like swiss cheese in about 10 minutes-can anybody find a copy? this jerkoff is the poster boy for a rogue fund manager would like to submit to SEC and see what they say