Is "market pushing" ethical or not?

[botn]

Originally Posted by glchen

There is no comparison at all between market pushing and what happened with the shillers at Mastro. The consignors and bidders in the Mastro lots knew each other. Nothing arms length about that at all. Do not try to justify what those named on the Mastro list did with market pushing. It makes what happened at Mastro worse.

Really? No comparison? Now that is pretty funny.

[glchen]

Originally Posted by botn

Really? No comparison? Now that is pretty funny.

Greg, seriously? You were on the Mastro list, and you've already apologized for it. Even if your reasoning may be relevant and knowledgeable, because of your history, it's better you recuse yourself from this discussion.

[botn]

Originally Posted by glchen

Greg, seriously? You were on the Mastro list, and you've already apologized for it. Even if your reasoning may be relevant and knowledgeable, because of your history, it's better you recuse yourself from this discussion.

Exactly Gary, I apologized because I recognized that what was done was wrong. And who do you think you are? I will do not such thing and will continue to participate in this conversation. I could not care less what you think of my opinion.

[glchen]

Originally Posted by botn

Exactly Gary, I apologized because I recognized that what was done was wrong. And who do you think you are? I will do not such thing and will continue to participate in this conversation. I could not care less what you think of my opinion.

Greg, I am someone who has never shilled. You did not apologize until after you were outed when the Mastro list was published.

[botn]

Originally Posted by glchen

Greg, I am someone who has never shilled. You did not apologize until after you were outed when the Mastro list was published.

First I should recuse myself from this discussion because my name was on the list and now you are admonishing me for not apologizing sooner? Are you for real, Gary? Find another cause Gary.

[glchen]

Originally Posted by botn

First I should recuse myself from this discussion because my name was on the list and now you are admonishing me for not apologizing sooner? Are you for real, Gary? Find another cause Gary.

Greg, you were caught shilling at Mastro. Now you are arguing that what folks are doing in market pushing is much worse ("pales" is your word) than what folks did at Mastro, which coincidentally you were one of them. If that's not something where in a legal setting, someone would recuse themselves from, I don't know what is. Obviously we're not in a court of law, so you're free to continue to say whatever you want, no matter how bad it makes you look.

[Peter_Spaeth]

I took Greg's point to be about the extent and/or impact of the conduct, not the relative culpability.

[botn]

Originally Posted by glchen

Greg, you were caught shilling at Mastro. Now you are arguing that what folks are doing in market pushing is much worse ("pales" is your word) than what folks did at Mastro, which coincidentally you were one of them. If that's not something where in a legal setting, someone would recuse themselves from, I don't know what is. Obviously we're not in a court of law, so you're free to continue to say whatever you want, no matter how bad it makes you look.

Was never caught shilling. Never questioned by the Feds. It is not coincidental that I am posting on this topic. In what world would the fact that we bought stuff back mean I should recuse myself from a discussion which I have first hand perspective of? That is ludicrous.

The artificial bidding that took place at Mastro did not have much of an impact on market values overall where as the pushing that is going on has had a very material impact on all grades. Just look at VCP.