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Re: Johnnyv post# 2093

Saturday, 08/25/2007 9:48:15 AM

Saturday, August 25, 2007 9:48:15 AM

Post# of 11478
I agree with both of you and your opinions. I was wondering where ST states he is a paid promoter of NNRF. I have never seen it on his site. I have a hard with his site and the chat area and other areas to get it to work. He did comment to me that he had bought NNRF stock around $5 and was suffering like the rest of the people that bought at that price. I am not sure what to believe but a true TA would have said sell it when it went under $5. I would not mind any paid promoter to give us his opinion and information as long as they disclose their exact positions, qty, price, and if it is restricted & etc. Then you could make your opinion on their information and factor in the paid promotion. I think the Iceman and ST should put out a detailed disclose on the stocks they are compensated for especially the restricted shares they have and how much they paid for them or recieved free. It is interesting I get two different versions of the compensated stock from the company vs the paid promoter.
As long as this type of full discloser is posted and updated regularly right after a sale or purchase I have no problem with them posting. They should have to file a form similar to a13D that directors are required.