You can put a dress on a pig, but it's still a pig. Why would these vermin continue to change their name? Perhaps to scam more individuals into sacrificing their savings under the guise of "investing". I fell for their line of crap in early 2008 when I foolishly sent money in to open an account. I was told, initially, by Paul Proscia, that by this time I should have an account approaching $250,000.00 but the reality is exactly the opposite. The only people that have profited from my account is New Castle. Markups as much as 2.00 per share along with never ending service fees and commissions. I entrusted this company with over 105k of my money and it now is at 11,000.00. Over $40,000 of these "losses" have gone directly into their pockets through markups, commisions fees etc.
One example, can you imagine paying 6500.00 in markups for a trade that lost you over $39,000.00, I'm not making this up. Another trade was CCL on 7/11/08 he shorted 2500 shares at the lowest it had been in FIVE years only to sell on 8/11/08 at the high for the month. That trade also included a. 90 per share markup, another $2200.00 price tag to loose 27K meanwhile pushing in house stocks like Chromadex, Ckrush, and Ommnimune which are now trading at. 47. 0005, and. 25, total garbage. Talked into investing in GERN on 7/27/09, at the highest it has been in two years, and it has gone down ever since. Total incompetence or theft, you make the call, either way they should not be allowed to screw people. Visit their website and read the bs about "every investor has the right to the highest professional standards of personal advice", what an fffing joke. Outstanding advice there nimrods. Here is a list of the "pro's" at New Castle that handled my account and the approximate losses.
Paul l. Proscia, crd# 2618172 over -$40,000.00.
Brandon j. Vassallo, crd# 4765892 over-$35,000.00.
Edward t. Gibstein, crd# 1197295 $10,000.00
I hope this helps someone, so they don't go through what I have.
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