Re: World Poker Tour Supports Bill!
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Do you recommend buying their stock?
[/ QUOTE ]
The Security and Exchange Commission will NOT allow me to answer that question, as I am not a registered investment advisor.
[/ QUOTE ]
So I'm concerned here: I have actually discussed whether to buy certain stocks with my father, and he is not a registered investment advisor. What kind of jail time is he looking at?
[/ QUOTE ]
I am a member of the media, and I specifically write about the entertainment BUSINESS.
Everything I write regarding the BUSINESS of entertainment is monitored by the Security and Exchange Commission (SEC).
Because I am not a registered investment advisor, I cannot make specific stock recommendations.
I can only say that as an individual investor myself, WPTE is a much more interesting company to me as an individual investor now at $3.50 a share ($70 million market cap, with $40 million in cash on its books, plus its political connections in Macau and China) than when it was at $30 a share ($600 million market cap).
For the record: I have never owned, traded, or shorted any WPTE stock or any derivative financial instrument (options, futures, etc.) that is based on the value of WPTE stock.
That will be all I can say without getting into trouble with the SEC, which obvious holds me to a much higher standard than what the standard that applies to your relatives.
|