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Re: davwax post# 90

Friday, 01/12/2007 9:07:29 PM

Friday, January 12, 2007 9:07:29 PM

Post# of 157
Ok let me clarify. I am not saying the company is a con. They may be perfectly legitimate- being on the pinks, it's impossible to tell. What I am saying is that the mailer was sent out in order to let someone sell shares to people at much higher prices. Sombody somewhere dumped them on the masses. I dont know who, nor do I care. But when a pink sheet stock goes from those prices to where they are today, there's more than meets the eye involved. Coincidence that the price dropped following the mailer/ pr campaign? I think not.

Also trading on HOPE can be one of the most costly mistakes made by pink traders. I'm a classic case study on hopefully waiting when I began this game years ago. I lost a nice chunk-o-change on this one, but many others I know lost much more.