Recent content by spiker0c

In terms of your statement "It is impossible for legal action.", I do fully disagree. However your statement on the length of time for recourse is spot on. Legal actions from overseas proves more difficult as in the U.S. all persons involved in legal action have the right to face their accuser...

I see where you are coming from. Any person who invests in the market understands that there is risk associated with EVERY position, regardless of how promising. As a broker, I get paid for my services, however if my clients sell at a loss, I do not charge for the sell of that security or the...

Did well before the crash, averaged 16% net overall for the year, with 7.25% in commission to me (meaning the gross average return was 23.25%). Only an average, some performed better, some not as good. With some clients we held through the crash, others panic sold. On average I would say the...

My recommendation for my UK clients is to engage in arbitrage, or invest in UK companies on American Exchanges. Take a look at some of the UK banks that trade in the states. There is an opportunity for abritrage, as well as the excemption from capital gains tax as a foreign investor. My...

I agree. Not all investments go the way they are intended. I would say that most of my long term (over 12 months) positions go well, and about 60% of my short term recommendations go well. Also, if you ever hear the typical "give me 90 days and I'll show you 20%" just laugh and hang up. I can...

__________________________________________________________ It is a shame that people will fall for these scams...

Hi Everyone. As a fully licensed rep in the United States I would like to make a few clear points regarding the difference between a boiler room, and a legitimate broker dealer (B/D). For the most part, B/D's have a boiler room type environment, where high pressure sales is encouraged within...