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Message
Phil Mickelson charged with insider trading in federal lawsuit
Posted on 5/19/16 at 9:26 am
Posted on 5/19/16 at 9:26 am
17
Posted on 5/19/16 at 9:28 am to TheDarrell McSteal
Gambling is a bad bad thing .. Nothing good comes from it. Ever .
Posted on 5/19/16 at 9:29 am to TheDarrell McSteal
Wonder what he owed Billy Walters for...
Posted on 5/19/16 at 9:29 am to TheDarrell McSteal
No one cares. Tiger is the GOAT.
Posted on 5/19/16 at 9:30 am to TheDarrell McSteal
quote:
Mickelson, who ultimately bought a $2.4 million position in three accounts he controlled. Those securities “dwarfed” Mickelson’s other holdings, which were collectively valued at less than $250,000, the SEC said
Nothing to see here
Posted on 5/19/16 at 9:32 am to TheDarrell McSteal
Posted on 5/19/16 at 9:33 am to TheDarrell McSteal
Relief defendant.....
....he will be just fine.
....he will be just fine.
Posted on 5/19/16 at 9:41 am to KillTheGophers
Dont drop the soap! Bubba gonna eat his cornbread and enjoy those man boobs!
Posted on 5/19/16 at 9:52 am to TheDarrell McSteal
No he wasnt
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[/URL]This post was edited on 5/19/16 at 9:54 am
Posted on 5/19/16 at 9:54 am to oleyeller
I'm curious about Kennth Cox's photo
Posted on 5/19/16 at 10:06 am to threeputt
quote:
Gambling is a bad bad thing .. Nothing good comes from it. Ever .
I wish i could down vote this more than once, as it is patently false.
Posted on 5/19/16 at 10:10 am to oleyeller
Phil would never have gotten away with it if Mike Slive were still in charge.
Posted on 5/19/16 at 10:12 am to TheDarrell McSteal
quote:
The SEC said that Walters called and then sent text messages to Mickelson, who ultimately bought a $2.4 million position in three accounts he controlled. Those securities “dwarfed” Mickelson’s other holdings, which were collectively valued at less than $250,000, the SEC said. Mickelson had not been a frequent trader, and these were his first Dean Foods purchases, the SEC said. Mickelson made a profit of approximately $931,000 from the stock, which he held for about a week.
He got greedy.
Posted on 5/19/16 at 10:21 am to threeputt
quote:
Gambling is a bad bad thing .. Nothing good comes from it. Ever
If you are a responsible adult and don't bet more than you can afford to lose, it can be fun.
Posted on 5/19/16 at 10:23 am to threeputt
quote:
Gambling ADDICTION is a bad bad thing .. Nothing good comes from it. Ever
FIFY
Posted on 5/19/16 at 10:23 am to H-Town Tiger
quote:
If you are a responsible adult and don't bet more than you can afford to lose, it can be fun.
Agreed...
Posted on 5/19/16 at 10:25 am to TheDarrell McSteal
He's being sued by the SEC to return the money he made from that insider tip, but he isn't being prosecuted for insider trading.
Posted on 5/19/16 at 10:42 am to TheDarrell McSteal
Terrible title.
Posted on 5/19/16 at 11:55 am to Mo Jeaux
Phil is one of the biggest gamblers on the Tour. He's well known for high stakes gambling on the practice rounds the Wed or Thur before a tourney starts. To the extent he's known to really push some of the Tour's younger players to put their money up. How this relates to an insider trading can be argued, but the "greedy" comment fits both stories.
Posted on 5/19/16 at 12:12 pm to threeputt
quote:
Gambling is a bad bad thing .. Nothing good comes from it. Ever .
You could say the same thing about alcohol.
Anything can be harmful if you don't know your limits.
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