Friday, March 23 2012
Where did I come up with Pump and Dump for a title? It's a long and complicated story, aggravated by a bout with gout which began yesterday afternoon at work. Let me see if I can keep this brief, doubtful right? I believe it began with cravings for protein during my fever on Sunday night. I asked Nell to buy some fish for dinner. Anyway, I think the fish kicked the gout into gear. Then the whole rigamarole with the teeth, and here I am.
I woke earlier than normal this morning and was lying in bed thinking I ought to get up and take another colchicine (Google "colchicine ripoff" for another tangent I didn't go on thank you very much) when my big furry whining mutt starts his, "let me out or expect more of the same until you do," routine. That was 3:55AM by Nell's clock which I wish she wouldn't keep so far ahead. I got up, but I tried to go back down and couldn't so I blurrily read the news.
As you are no doubt aware the headline is the army guy that went nuts and shot whole families in Afghanistan. Well I haven't been able to read that terrible type of news story for quite some time. To be fair I found a few other news articles of interest before I came back to the shooting story. For example this story caught me attention New rail link between Miami, Orlando planned by 2014 This gives me hope for America, but it was too short and there just aren't enough stories about American passenger rail to satisfy me. Dave and JJ you'll be happy to know I flew over you for several minutes this morning using google maps Sebastion fla
This is supposed to be brief, so let me cut to the chase. I noticed a Wiki story in Google News titled Kandahar_massacre I hoped this would give a less sensationalized perspective on what happened.
I should post the whole article, I won't, I will say it is the first article I read from cover to cover in a long time. This simply means the story is short, and if you are like me with a short attention span… What was I saying?
There are a couple things that caught my eye, obviously the Pump and Dump link is very informative, but this… wow!
Early life and family
Bales was born the youngest of five boys and grew up in Norwood, Ohio, a suburb of Cincinnati. He attended Norwood High School, where he was described as "gregarious" captain of the football team and active in numerous clubs and activities, including theater. He was supplanted in his linebacker position by future NFL player Marc Edwards, but instead of becoming a rival, he acted as mentor.
After high school, was briefly enrolled at the College of Mount St. Joseph, then moved to Ohio State University for three years until 1996. He majored in economics, but didn’t graduate.
After leaving college, Bales worked as a registered broker at a number of financial services firms in Columbus, Ohio. The firms highly interrelated, sharing employees and corporate officers; they were reputedly boiler room operations that practiced pump and dump techniques in the penny stock market. He then moved to Florida, where he started a financial company named Spartina Investments with Edwards. In connection with his trading activities, Bales was found liable for financial fraud related to the handling of a retirement account and was ordered to pay $1.4 million in civil damages. The victim said he "never got paid a penny" of the award. Spartina Investments later failed in the market downturn of 2001.
We all know that it takes all types of people to make up an army. My question is why are American's surprised when a guy like this goes postal? It's nice to know that the base in Afghanistan where he was housed has a record of not acting on the many reported cases of PTSD. I suggest it isn't just the IEDs (Improvised explosive device)that are volatile. Many of these heavily armed guys are walking time bombs too.
Say what you will about Wikipedia. I like that they make notes for statements which need citations. This give the reader a better idea of what the statement is, fact fiction or someplace near abouts. "He enlisted in the Army two months after the September 11 attacks. As a member of the military, laws shield Bales from some financial obligations." I hope you don't think I'm generalizing.That is not my intention. If you've read me that way, you'd be mistaken. What this information does when it hits your brain is your business, your image.
I'm simply posting this because I still believe we need to get out of all our conflicts and concentrate our energy on ourselves for a while at least. Humanitarian aid only, no bombs.
We should spend less time ripping each other off too.
Haha, I'm feeling better, I love what my newsletter does for me, I hope you do too
Oh, I spied this little beauty in Albuquerque on Craigslist. I showed it to Nell this morning. "Wouldn't you look too damn cute driving this to work in the morning Honey?"
It'll run biodiesel!
Date: 2012-03-04, 11:46AM MST
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"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump-and-dump schemes are sometimes called "chop stocks".
- 1 Pump and dump scenarios
- 2 Short and distort
- 3 References
- 4 Further reading
- 5 External links