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Re: hasher post# 8294

Monday, 02/14/2005 12:21:48 PM

Monday, February 14, 2005 12:21:48 PM

Post# of 23712
Informed buying, illegal! What a concept. Someone tell the SEC quick. No wait, it was the SEC themselves who has put out several papers in the last 5 years estimating that up to 75% (yes, no kidding! 75%) of trading is insider trading. Hasher dont kid yourself on this concept. There are many informed buyers out there (no doubt some of them are friends of friends of LB as you have pointed out in the past). Informed buying is a main portion of running a promotion. I have read several books on stock promotion and they all say the same thing. The insiders make most of the money. Your job is to successfully tag along for a ride.

I'll try to post some book titles tomorrow and a outline of how a promotion is run (for those who dont know).

Sorry man, I disagree with you 100% this time.

(BTW, I dont believe for a second that the promotion has even started yet. Perhaps some 'word' going around about it but no buying, selling, or PR's yet. What we have seen so far is speculative buying, and profit taking on the sells. Remember, a ton of shares were bought up between 1 and 3 cents. And now they can sell those for double and triple. You bet there's profit taking going on.)

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