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-   -   MUST READ!! Back to the Future ?? (https://www.offshoreonly.com/forums/general-boating-discussion/48227-must-read-back-future.html)

TEAMBAJA 04-21-2003 12:17 PM

MUST READ!! Back to the Future ??
 
Holy cow!! The Flex compacitor on the DELOREON works!




http://tv.yahoo.com/news/wwn/20030319/104808600007.html

riskybusiness 04-21-2003 12:25 PM

NICE!!!!!!:D :D :D

Iggy 04-21-2003 12:38 PM

Too funny.

But wait.....what if it's true????? :crazy: :crazy:

formula31 04-21-2003 12:52 PM

I wonder if he needs a friend. I might be able to scrape up $800.

formula31 04-21-2003 12:55 PM

They arrested him strictly on the basis that he was "too lucky"?

Boy, I bet Vegas would like that prosecutor.

JUSTONCE 04-21-2003 01:25 PM

guilty until proven inocent.

26scarab 04-21-2003 01:38 PM

That story has GOT to be bogus !

Even if he had tons of inside info, he made $350mil out of $800 with just 12 (roughly) trades a day? He couldn't possibly know that many people with information.
Plus the story is from the Weekly World News.

HyperBaja 04-21-2003 02:10 PM

So where can I get one of these time machines?? :D

BAJA WILL 04-21-2003 02:11 PM

Hey if he got the cure for Aids and knows where Osama is, I say give it up and let him walk:p

Iggy 04-21-2003 02:41 PM

What if.....
This guy was just a really lucky day trader and he made up this story just to pissoff the Feds.

Actually he doesn't have to say a word. If they can't pin something on him they'll have to let him go. If they do make a case out of it, he still doesn't have to say anything because it'll be up to the Feds to prove he's guilty.

Then again, maybe he's just really lucky and off his rocker. :crazy: :crazy:

Airpacker 04-21-2003 03:01 PM

if he really had a cure for aids,he wouldn't need to play the market. He could sell the rights and make Bill gates look like an impovrished child

Tantrum 04-21-2003 03:13 PM

I dont think anyone is going to make Bill Gates look like an impoverished child any time soon.

With inflation $800 in the year 2256 would be worth about as much as the lint in your pocket. He must be nuts to go on a trip like that with such little cash.

Cord 04-21-2003 03:38 PM

Wacko or not, I'd be willing to let him hold my money!

CAP071 04-21-2003 05:47 PM

This is probably the guy that does investing for Julie Sullivan :D


Sorry just had to say that! :D :D

Von Bongo 04-21-2003 05:58 PM

"The only way he could pull it off is with illegal inside information. He's going to sit in a jail cell on Rikers Island until he agrees to give up his sources."

What ever happend to due process? 5th and 14th amendments?

cuda 04-21-2003 06:07 PM

Damn, they can arrest you for making too much money???????? Glad I don't have to worry about that!:o :rolleyes: :mad: :eek: :D

Steve 1 04-21-2003 06:21 PM

They should charge him or let him go no strings!! That is bull**** it seem's there is a limit to how much you can make.

PhantomChaos 04-21-2003 06:59 PM

From a chat board:

The story is either bogus or true, but if he is a real person then he dd not take advantage of insider trading. There is no way that someone could possibly have that much inside information on "breaking news" within a period of 2 weeks. But hypothetically it wouldnt be hard to do... not taking taxes into consideration all you would have to do is make 117 consecutive trades averaging 11.5% per trade and you will have over 350,000,000. Of course after short term capital gains of 39% you are left over with 213,000,000. Then if you stuck that in tax free municipal bonds at 4%, you will have 8.5 million in tax free income a year for the rest of your life without touching the principle.

IDRPSTF 04-21-2003 07:12 PM

Norty,
A little less econ...A little more porn!

TEAMBAJA 04-21-2003 09:16 PM

Hmmm, what kind of boat would $350 million buy any way?

ScottB 04-21-2003 09:29 PM

He should have just put the 800 in a blue chip stock Traveled back to the future and sold. 250 years from now it would be worth a pretty penny. LOL


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