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A Message To the President
zep33
Posts: 6,897 ✭✭✭
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and good job Joe....
MULLINS5,1966CUDA,nam812,nightcrawler,OAKESY25,PowderedH2O,relaxed,RonBurgundy,samsgirl214,shagrotn77,swartz1,slantycouch,Statman,Wabittwax
He's had a great year so far.
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<< <i>I wonder what prompt them to post a message like that. Was there a rumor going around hinting that PSA is going down or something? >>
Mudslinging thread on Net 54 is what prompted it. I didnt really think it needed justifying though IMHO
So long as part of Joe's bonus system is based on him getting a tanning bed in his office if submissions increase, PSA will always do fine
Hang in there Joey O!
1994 Pro Line Live
TheDallasCowboyBackfieldProject
<< <i>Yo Zep, I've been meaning to ask you this for awhile now, but did you ever sell that Jonathan Stewart Red Ink Rookie auto you pulled earlier this year?
He's had a great year so far. >>
Hey Goot - not yet man
Gonna be one of my first subs now that I've joined PSA
yes he has had a great year - 2 more TDs last night
think that's 8 and about 700 yds - not too shabby
<< <i>
<< <i>Yo Zep, I've been meaning to ask you this for awhile now, but did you ever sell that Jonathan Stewart Red Ink Rookie auto you pulled earlier this year?
He's had a great year so far. >>
Hey Goot - not yet man
Gonna be one of my first subs now that I've joined PSA
yes he has had a great year - 2 more TDs last night
think that's 8 and about 700 yds - not too shabby >>
Yeah he's got potential to be a great back. I remember you askin if the guy was any good after you pulled it!
Good luck with the sub and I hope to see some of your great results posted on here in the future, now that you're a member.
Folks who want to read more detailed confirmation of JO's
FACTUAL assertions can do so on Yahoo Finance. Simply
click on the SEC Filings link on the CLCT info page.
The whole story is there, and it's just like JO says it is.
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There is a lot more I could say about the dirtbag-orchestrated
bashing that routinely occurs on another card site. Maybe folks
have noticed, that kind of spontaneous slime-tossing directed
at the other reputable TPGs never happens on this board.
.............
Bashing-threads that appear to violate SEC Regs can be reported to
enforcement@sec.gov
for review and action by the regulators.
<< <i>I wonder what prompt them to post a message like that. Was there a rumor going around hinting that PSA is going down or something? >>
There's a thread on the coin firum about David Hall buying back shares of CU and speculation about the company going private again.
bashing that routinely occurs on another card site. Maybe folks
have noticed, that kind of spontaneous slime-tossing directed
at the other reputable TPGs never happens on this board".
Actually, I think this board is the worst I've encountered, when it comes to this kind of thing.
By the way not calling anybody out or anything of the sort, Just an observation from someone who reads multiple "card forums" multiple times a day..
<< <i>"There is a lot more I could say about the dirtbag-orchestrated
bashing that routinely occurs on another card site. Maybe folks
have noticed, that kind of spontaneous slime-tossing directed
at the other reputable TPGs never happens on this board".
Actually, I think this board is the worst I've encountered, when it comes to this kind of thing.
By the way not calling anybody out or anything of the sort, Just an observation from someone who reads multiple "card forums" multiple times a day.. >>
What a bunch of morons over there.
Collectors Universe really should consider taking legal action against that card forum and its members who post ridiculous statements that hurt CU. Then perhaps those morons would think twice before posting false information to hurt CU.
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That post was written merely to cause harm to PSA and CU's businesses.
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The subject headline is a blatant violation of old/new SEC guidelines.
Having run more than my share of bashing-for-dollars enterprises,
I can report that such a headline/title would be a firing-offense.
Six-weeks ago, under pressure, the guidelines on fair-comment
were tightened a tiny bit. In February 2009, it will be a whole
new ballgame. Hopefully, only a few hundred prison cells will have
to be filled-up to stop the financial terrorists.
////////////////
Trying to topple/displace GIA will always be a "tough one."
My initial reaction was that surely the services will be aimed -
at least in part - directly at end-users and retail consumers.
Every year, MILLIONS of folks ask their local jewelers to write
insurance "appraisals." THAT was/is the market that GCAL
could have cleaned-up in. (The other CLCT divisions ALL know
the protocol for dealing with "consumer submissions." GCAL
should have tried it long ago, and they should try it tomorrow.)
Every shopping network on TV is moving TONS of "collectible
gems" that could be graded at a profit. Seems the cash-eater
could easily be changed into a cash-cow.
In my opinion the management of PSA was likely responding to the drop in CU stock price, and not over a post on some internet forum. I didn't look at CLCT today, but their stock shares have simply not done well, and of course the bad decline of the stock market has something to do with that - However CLCT has performed considerably worse than the stock market averages.
I know nothing about "the diamond and gemstone business" or CU's foray into it, but for sure that business is much bigger, and much tougher, and much more competitive than grading coins and cards. So we'll see what happens in that regard, but in any event, getting out a letter such as this was a smart thing to do.
<< <i>"... but the guy didn't do anything punishable......"
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The subject headline is a blatant violation of old/new SEC guidelines.
Having run more than my share of bashing-for-dollars enterprises,
I can report that such a headline/title would be a firing-offense.
Six-weeks ago, under pressure, the guidelines on fair-comment
were tightened a tiny bit. In February 2009, it will be a whole
new ballgame. Hopefully, only a few hundred prison cells will have
to be filled-up to stop the financial terrorists. >>
The posts were no more damaging that your tagline:
"At EBAY and PayPal, We Are Not Happy Until You Are Not Happy!"
"At EBAY and PayPal, We Are Not Happy Until You Are Not Happy!"
/////////////////////////////
There is a substantial difference between humor/satire, and FALSELY
stating that a publicly-traded company is "going out of business."
Poking fun at a company is not, in general, actionably defamatory.
<< <i>I know nothing about "the diamond and gemstone business" or CU's foray into it, but for sure that business is much bigger, and much tougher, and much more competitive than grading coins and cards. So we'll see what happens in that regard, but in any event, getting out a letter such as this was a smart thing to do. >>
I think its coming to a free diamond with every 100 card sub.
My Sandberg topps basic set
My Sandberg Topps Master set
-Bill Gates,1981
"With hurricanes,tornados, fires out of control, mud slides, flooding, severe thunderstorms tearing up the country from one end to another,& with the threat of bird flu and terrorist attacks,"Are we sure this is a good time to take God out of the Pledge of Allegiance?"" Jay Leno 2006
<< <i>The posts were no more damaging that your tagline:
"At EBAY and PayPal, We Are Not Happy Until You Are Not Happy!"
/////////////////////////////
There is a substantial difference between humor/satire, and FALSELY
stating that a publicly-traded company is "going out of business."
Poking fun at a company is not, in general, actionably defamatory. >>
I read the thread over there, and I am yawning profusely.
Two things:
1. A first year law clerk at the courthouse would throw out any suit in that regard. There is nothing libelous there and it's not even close.
2. That thread is a pathetic waste of time to read. Around ten minutes of my life wasted that I will never get back, that I could of spent wisely on smack in the Sports Talk forum. LOL
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I don't really disagree with that finding. It is not a "libel" issue.
The discussion I was having was about false statements,
as the same are contemplated by the SEC.
There is still - and always will be - wide latitude. The line
gets crossed when a blatant falsehood is stated as a fact.
<< <i>"...There is nothing libelous there...."
///////////////////////////
I don't really disagree with that finding. It is not a "libel" issue.
The discussion I was having was about false statements,
as the same are contemplated by the SEC.
There is still - and always will be - wide latitude. The line
gets crossed when a blatant falsehood is stated as a fact. >>
BLAH BLAH BLAH Speak english.
-Bill Gates,1981
"With hurricanes,tornados, fires out of control, mud slides, flooding, severe thunderstorms tearing up the country from one end to another,& with the threat of bird flu and terrorist attacks,"Are we sure this is a good time to take God out of the Pledge of Allegiance?"" Jay Leno 2006
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Back to school with you, son.
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I don't really disagree with that finding. It is not a "libel" issue.
The discussion I was having was about false statements,
as the same are contemplated by the SEC.
There is still - and always will be - wide latitude. The line
gets crossed when a blatant falsehood is stated as a fact.
rotflmao
<< <i>"...There is nothing libelous there...."
///////////////////////////
I don't really disagree with that finding. It is not a "libel" issue.
The discussion I was having was about false statements,
as the same are contemplated by the SEC.
There is still - and always will be - wide latitude. The line
gets crossed when a blatant falsehood is stated as a fact. >>
Storm - I think it's basically understood that chat in internet forums is taken as "opinion" which it should be. If anyone wants to believe any particular post, then that's their prerogative.
There's probably literally hundreds, if not thousands of posts each day in internet forums with posters stating and predicting how particular companies are going out of business, and in a more mean spirited manner than the OP over there.
<< <i>
<< <i>"...There is nothing libelous there...."
///////////////////////////
I don't really disagree with that finding. It is not a "libel" issue.
The discussion I was having was about false statements,
as the same are contemplated by the SEC.
There is still - and always will be - wide latitude. The line
gets crossed when a blatant falsehood is stated as a fact. >>
BLAH BLAH BLAH Speak english. >>
Although I disagreed with Storm a bit on this, his points are crystal clear, as his points always are.
//////////////////////////
Of course that is true.
The headline/title is the primary issue.
<< <i>"...There's probably literally hundreds, if not thousands of posts each day in internet forums with posters stating and predicting how particular companies are going out of business, and in a more mean spirited manner than the OP over there. ..."
//////////////////////////
Of course that is true.
The headline/title is the primary issue. >>
If you've ever seen just for one, the Yahoo financial commentaries from the public, you'll know what I mean - "Every" company with their stock price going down is "going out of business" according to somebody. Even from a number of "well respected" journalists, I have read their articles about the big 3 American auto companies going out of business.
The title and the post over there is a non-issue as far as libel is concerned, and the article itself is a non-issue as far as I am concerned.
-Bill Gates,1981
"With hurricanes,tornados, fires out of control, mud slides, flooding, severe thunderstorms tearing up the country from one end to another,& with the threat of bird flu and terrorist attacks,"Are we sure this is a good time to take God out of the Pledge of Allegiance?"" Jay Leno 2006
///////////////////////////////
It is a "non-issue."
But, the issue is not "libel."
...........
By summer of next year, Yahoo Finance will likely be a ghost town;
except for retail folks looking for semi-reliable info.
The new stuff being considered by the SEC will alter the landscape
at all of the pumper/basher sites.
Opinions will always be pretty much just fine.
"Company XYZ is so messed up it will be bankrupt by next quarter." No problem.
"My broker's wife works at company XYZ and she says the company is going bankrupt next week." That is a problem.
Yahoo removes THOUSANDS of posts and deletes countless IDs, each week.
Most violators simply reregister and start over, until they are TOSd again.
As new regs come into effect, IP-blocking will be instituted and proxy-sites
will stop connecting to Yahoo.
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Even under current regs, the hedgies that hire bashers tell all of them to "ONLY tell the truth."
Look back at this in a few months
Steve the OP over there edited the title. I think you saw the toned down version.
Joe woo, give it up, you will not win this one.
Steve
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
Bruce