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Sunday, June 07, 2009 11:03:30 AM
In answer to the following:
So that leaves me with questions.
1)Do you think the recent volume spike is a p/d by Bloomfield?
partially, the charts were and are IMO very good, saying that an Uptick was imminent...the group probably IMO caused the UT to move faster and when dumped helped the Dt. But also got a lot of attention to BZCN, board marks are up, still a very active board in lobby etc.
2)Given that I think BZCN would do just fine without them, how much (if any) damage does this do to BZCN?
I think it just delays the inevitable UT...but not long...I am still holding as well
3)Exactly where do folks cross the line or get too far into the gray area with their promoting?
I do not know the answer, I do not think Bloomfield themselves crossed the line. They are a subsciption service that gives info on stocks due to rise...that was us...I do believe some of the members may have crossed the line
4)This will probably be answered by "duh...yeah!", but if all else looks good with a stock should I try to see if it's being pumped? What's the best avenue for that besides rounding up the usual suspects?
From now on when I see people quoting Bloomie, i will have my finger on the sell trigger, wait for them to vacate, and buy back in...I have been trading for awhile an believe this was an anomoly...this kind of "pump and dump" I can tolerate...it is the Pump and Dump from the companies themselves that I have a problem with. Other traders are not responsible for my share price, but I believe the company I invest in should have my interest at heart.I am still high on BZCN for this reason....all only my opinion, and sometimes my opinion is not worth a bucket of warm spit.
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