Dodgers Could See Luxury Tax Payroll Top $300M - RealGM Wiretap

The Los Angeles Dodgers could become the first Major League club with a luxury-tax payroll north of $300 million following the addition of Chase Utley.

 

Wednesday's trade for Utley increased L.A.'s projected payroll for tax purposes to about $298.5 million. Performance bonuses for other players and award bonuses could make the Dodgers the first team to reach the $300 million mark.

 

Los Angeles is well above the $189 million tax threshold and will pay at a 40 percent rate for exceeding the mark for the third straight year. Its projected tax bill is about $44 million Cheap Jerseys , which would top the record $34 million paid by the New York Yankees after the 2005 season.

 

The Dodgers' luxury tax payroll includes about $40 million for players no longer with the organization.

Manfred Denies Roses Application For Reinstatement - RealGM Wiretap

Major League Baseball announced Monday that it has completed the review regarding Pete Rose's application for reinstatement from the Ineligible List.

 

Commissioner Robert D. Manfred, Jr. today informed Mr. Rose, both verbally and in writing, that the application has been denied.

 

 

Broxton Likely To Have Surgery; Reds Move Cueto To 60 Day DL - RealGM Wiretap

Jonathan Broxton is expected to have surgery after he was placed on the 15-day DL with a strained right forearm, according to an ESPN report.

 

The Reds also said they moved Johnny Cueto to the 60-day DL to open a roster spot for right-hander Nick Christiani, who was called up from Triple-A Louisville.

Stock Scalping Brenda Hamilton
Submitted 2014-01-05 18:24:37 Stock scalping refers to the illegal and deceptive practice of recommending that others purchase a security while secretly selling the same security. In recent years, the SEC and Justice Department have brought an increasing number of cases alleging securities violations for stock scalping activity.

Stock Promotion entails the dissemination of information about a publicly traded company intended to increase its stock price and trading volume. The person who publishes this information is called a “ Stock Promoter” or a “stock tout.” Stock Scalping is most often practiced by unsavory Stock Promoters who are engaged to generate price and volume increases in penny stocks so their clients—one or more individuals or entities with very large positions obtained at deep discounts often for services—may liquidate their shares.

Scalping l the OTCMarkets Platform

Over the past decade or so Cheap NFL Jerseys Wholesale , stock scalping has become an epidemic in stocks traded on the OTCMarkets platform.

Until around 2010, when depositing penny stock certificates became much more difficult than it had been, most promoters were paid in “free trading” shares of the stocks they promoted. Well aware that they were engaging in pump and dump schemes, they needed to dump their own stock before the price crashed. And so they sold into their own exhortations to buy. Nowadays, they’re mostly paid in cash, but that doesn’t mean they don’t frontload in advance of the promo and sell into the volume and price increase they create.

Stock Promoters sometimes call themselves “investor relations” professionals. They rarely are professionals. Real Investors Relations people object strenuously to being lumped in with stock pumpers. The honest ones work for companies, not anonymous “third parties Cheap NFL Jerseys China ,” and provide normal services with full disclosure to the public about their services and compensation. They disseminate press releases, place favorable articles in industry publications, answer investors’ questions, and so on.

Using Stock Promotion in Stock Scalping Schemes

Stock promoters use a variety of media including email, internet,direct mail newsletters, and their own websites. Some buy mailing lists and send spam to the individuals named Cheap NFL Jerseys , but the CAN-SPAM Act and organizations like Spamhaus can create serious consequences for spammers, so most limit their mailings to recipients who opt to receive them. A very few still use boiler rooms staffed by cold-callers.

Promoters’ communications are generally over-the-top, dealing in absurd exaggeration of the company’s worth, crazy sector comparisons such as, ”Apple’s working on the same thing!”–meaningless charts and graphs, and irrelevant quotes purportedly from the likes of Warren Buffett.

Stock Promotional activities are not illegal. But stock scalping is, along with securities manipulation Cheap Jerseys From China , and promoters often engage in both, as a recent string of SEC enforcement actions—and a few DOJ criminal prosecutions—attest.

For the most part, scalpers are promoters; sometimes professional, sometimes semi-pro. Any individual or group can buy stock on the cheap, and then create a website to pump it, or use a financial message board for the same purpose. Though elite touts are paid large sums of cash these days, when possible they no doubt also pick up shares of their own before they get down to work.

The people who hire promoters are less likely to be accused of stock scalping than the promoters themselves. That is probably because they do their very best to conceal their identities Cheap Jerseys Wholesale , as do the promoters themselves. SEC Rule 17(b) requires stock promoters and paid publishers of information about public companies to disclose the amount and source of their remuneration, but often the “third parties” named are anonymous corporate.