SnitchSeeker.com - View Single Post - Headstart Fund charged with bamboozling Potter tricks

Torchwood · 04-12-2008, 05:26 PM

Quote:

Originally Posted by Nabiya

It's like having multiple accounts on SS so that you can get more points in the RP, or something like that. It's against the rules, and you can get banned for it.

That's what's happening to Headstart Fund. Think of them with the offending member with 5 accounts, all in one house so that they can all attend class at one time and ALL get points at one time.

Think of the SEC as the SS staff who catch the member and ban them for a certain amount of time, while also getting rid of the other accounts.

That's the best way for me to explain it in SS terms. lol hope you understand.

On top of that, they could sell to each other, artificially raising the price of the stock so that real investors ar paying much more than it's really worth and then reaping a windfall profit. When they sell off all their stock the price plummets and the real investors lose.

04-12-2008, 05:26 PM	#12 (permalink)
Torchwood Griffin Join Date: Jun 2007 Location: in the TARDIS Posts: 9,216 Hogwarts RPG Name: Jack Harkness Jones, Jr. Seventh Year x11 Ministry RPG Name: Agatha Rose Cavendish International Cooperation	SS Senile Senior Quote: Originally Posted by Nabiya It's like having multiple accounts on SS so that you can get more points in the RP, or something like that. It's against the rules, and you can get banned for it. That's what's happening to Headstart Fund. Think of them with the offending member with 5 accounts, all in one house so that they can all attend class at one time and ALL get points at one time. Think of the SEC as the SS staff who catch the member and ban them for a certain amount of time, while also getting rid of the other accounts. That's the best way for me to explain it in SS terms. lol hope you understand. On top of that, they could sell to each other, artificially raising the price of the stock so that real investors ar paying much more than it's really worth and then reaping a windfall profit. When they sell off all their stock the price plummets and the real investors lose.