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Re: hasher post# 7029

Thursday, 10/14/2004 3:39:19 PM

Thursday, October 14, 2004 3:39:19 PM

Post# of 23712
I still fail to see the logic of keeping the price low. Every book Ive read on stock promotions depicts the promoter pushing prices up by creating a false euphoria. The promoter knows when things are going to happen and therefore has the control to know when and how much to buy and sell. (Yes they do 'play' the stock as opposed to just dumping). The higher a stock price goes, the more investors you get jumping on the bandwagon, willing to pay any price to get in on the action. Since the promoter has control on when the promotion stops as well, he can be fully liquidated, thereby leaving shareholders holding the bag when the bottom falls out.

Why do the PWTC chimps continue to be happy selling stock for 3 cents when they could easily push it to $1 and make 30 times more cash (if they really are just dumping)? They do not seem to know how to run a promotion (ie: keeping their shares on the side until the price rises). A real promoter does not care who else makes money, just that they do themselves. Or, this is not a promotion at all, just businessmen who havent got a clue.?



He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson