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Re: MMMARY post# 285

Tuesday, 07/03/2001 2:02:33 PM

Tuesday, July 03, 2001 2:02:33 PM

Post# of 7479
Well your reputaion for not being afraid of blasting whoever you think is a scam or part scammy is unquestioned.
Quite frankly, If I thought there were MOB involvement in a publicly traded security I'd be practicing "omerta" lest I end up "sleeping with the fishes".
You do throw a lot of mud against the wall, though.
for instance you state...

Both of these stock promoters were sued for fraud, one for fraud perpetrated during astn campaign.

as evidence that ASTN is a scam. Yet this statement only relates to the promoters not ASTN. I will concede that by merely associating with promoters with questionable ethics, ASTN brings it's own motives into question. But guilt by association is not always enough. Also you do not indicate whether or not the suits were successful, a highly salient point, as I am sure you would agree that not everyone who gets sued has done something wrong.
As for your postulated exit theory (unless you are posting inside information), more common these days is to allow a period of dormancy following the CDDS. Then RS the stock and start the whole thing over again or some similar variation. Cash cows get milked, not cut up for hamburger.

Also far more common (and more destructive) than "paid shills" are the "paid bashers" who's job it is to tear down a company that has been shorted. Sometimes it is done in conjunction with the CDDS. Other times it is done to drive the price down for someone to get control of a company. Other times it is just to collect on a short position. Look outside the US and you'll see vultures in every corner of the globe, waiting to pick at the bones of an American shareholder.


David Weed
aka the Bird of Prey
www.warp-drive.com

The Bird of Prey
#board-381

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