I have seen the report...it's 15 years old at least....doesn;t even make reference to online brokerage or computer trading as I recall.....his basic premise is really not doable today IMO....and I trade both Nasdaq and Futures (S&P)...

It's not about unlisted penny stocks, but it IS about very, very low volume crap stocks being touted by 'pump and dump' shops....he discusses a supposed approach he used many years ago to capitalize on the hype surrounding these stocks...like I say, I trade and wouldn't even bother with this, IMO.