It's a proprietary strategy. I can't go into it in great detail.

You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.

All one great big lie.

In today's regulatory environment, it's virtually impossible to violate rules.

It's a proprietary strategy. I can't go into it in great detail.

In today's regulatory environment, it's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time.

The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.