Making money the new-fashioned way
To the Editor:
I came across your publication and article while checking out another, what I consider to be, friviolous lawsuit against a company of which I hold shares.
Everyone has to make a living. I'm making mine by buying stocks of companies that get sued in class action lawsuits. It is all part of the scheme by short-sellers to drive the price down and make money. I go long.
I am able to retire because of a lawsuit. One of my stocks was sued by the usual suspects, but the complaint was so outrageous, I quadrupled my holdings and now have an income for life.
I've been investing for three years and this was just too good not to "let happen!" I got my first big dividend check yesterday on 20,000 shares. I bought them on margin and pay 4% interest and they are paying me 14% dividends.
The longs just love to share the news. We shareholders have our own website and you are welcome to join our discussion on the NFI Yahoo message board. It is a hoot.
You can see the website "as featured in the Wall Street Journal and Kansas City Business Journal." Boy, we would love to have a line including your Madison County Record!
Be sure to visit this site and get insight into what shareholders are doing to fight back without hiring lawyers.
Los Altos, Calif.