Intra-Day Stock Trading ILLEGAL?

TheCigSmokingMan

TheCigSmokingMan

Rift Surfer
We think about INTRA DAY STOCK TRADING alot...

We wonder if its REALLY LEGAL?

We wonder if its COMPLIANT with SEC regulations and ACCOUNTING STANDARDS...

Because you are BASICALLY creating MONEY FROM THIN AIR! :)


Let's explain:

You are a Big Time Stock Trader (Probably grew up in Bayonne, NJ or Brooklyn, NY)

You trade the STOCKS! You're a BIG SHOT... :)

You get to work at 9:30...

and begin trading....

You buy IBM at 114 at 9:45 in the morning...

You go to a "meeting" with your "trading assistant" or "broker babe"... Your assistant's name is "Candi" with "I"... :)


Maybe its at a swanky New York Hotel...

(Time Passes... :)


You get back to the office at 11:45...

You sell IBM at 120...

You made 6 dollars a share at 500,000 shares!...

That's 3 MILLION DOLLARS BABY!!!

You go to lunch at Harry's Bar off of Water Street...

You brag to your buddies... I bought this and this price and sold it at that...

I'm getting a big bonus and commission this year!!! :)



But BIG TRADER GUY you forgot something...

The STOCK CERTIFICATES NEVER CHANGED HANDS?...

THE TRADE isn't probably LEGAL... And trading like this HASN'T BEEN LEGAL IN DECADES!!!


I think you should call an attorney and a tax lawyer!!!

Becase the SEC and the IRS may be on your BUTT!!!

And your FIRMS butt!!!

I think its time to THINK NEW CAREER OPTIONS!!!



A funny story? No... This intraday stock trading only creates VIOTILITY in the MARKETS and creates MONEY from NOWHERE!!! How can this be good for the U.S. Economy?...

And then there is QUARTERLY PRESSURE to REDUCE COSTS and INCREASE PROFITS...

Which CORPORATIONS have to FIRE EMPLOYEES or REDUCE PRICES or SELL ASSETS or MERGE WITH OTHER CORPORATIONS...

There ARE LESS and LESS MAJOR AMERICAN BRANDS and COMPANIES in the market as INDIVIDUAL CORPORATE ENTITIES...



It's very simple... GET RID OF INTRADAY STOCK TRADING... GO TO DAILY or QUARTERLY SALES.

TheCigMan
 
Corporate PROSTITUTION : Does it Exist?

We have been reviewing the "activities" of certain Wall Street individuals...

In our analysis, we are VERY DISTURBED by the behavior by the individuals and the CONDONING CORPORATIONS:

It appears that CORPORATIONS are hiring individuals BASED ON ATTRACTIVENESS and put them IN SITUATIONS where THEY ARE 'EXPECTED' to make the CLIENTS 'happy'....

These are not just women... but men... straight, bi and homosexual... The women can also be bi and homosexual...

With SEXUAL ATMOSPHERE from the SEXUAL REVOLUTION, TO WOMEN's LIBERATION, TO CLUB LIFE to INTERNET HOOKING UP.. It is ALARMLY to SEE THIS ACTIVITY.

Your chances of SPREADING sexual DISEASES such as AIDS and SYPHILLIS are ENORMOUS.

As the old "Breck" Commercial used to say "And she'll tell two friends and so on and so on" SHOULD DEMONSTRATE the EXPONENTIAL AFFECTS of OPEN TAKE ALL COMERS ATMOSPHERE that PREVAILS in today's society.



And then there are the specific jobs corporations HIRE FOR:

o Sales People
o Assistants (Office, Job-Related Assistants, Etc...)
o Account Managers
o Secretaries
o "Regular" Employees
o Investment Banking, Traders, Bond and Regular Sales People who "Entertain" "CLIENTS"...


Some would suggest the ENGAGE in PIMPING and PROSTITUTION...

If one remembers the scene from the movie "Wall Street", GORDON GECKO sends CHARLIE SHEEN's character a CALL GIRL as a "reward" for getting INFORMATION.



In the future...

I think corporation will be GETTING SUED by EMPLOYEES manipulated into these POSITIONS.

I think corporations will be GETTING SUED by INDIVIDUALS who 'contracted' SEXUAL DISEASES from CORPORATE EMPLOYEES...

I think POLICE DEPARTMENTS will be INVESTIGATING "Corporate Individuals" for VICE LAW VIOLATIONS.



Who Knows What The Future Will Bring,

TheCigMan
 
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