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Wednesday, November 24, 2010 12:48:21 PM
Disgusted by dishonest stock promotions we were going to do an honest unpaid regular stock newsletter highlighting the most undervalued pennies but shorters manipulation of the penny market made that proposition non-doable as long as nellies were manipulated by fear tactics instead of being steered by the facts.
RE the continual attacks against the company for delays,
the shorting which helped precipitate the national/world financial crisis almost eliminated credit,which imo from what I know delayed CWRN'S project for a considerable time due to difficulty of ANYBODY obtaining financial backing(banks are still sitting on 1.8 trillion fed infusion w tripling of money supply,afraid to lend again).
Nobody we knew could find a blue chip rising once the depression hit so we got into pennies-CWRN was the most upfront and the most reachable,and considering the almost total elimination of credit for ANYBODY CWRN did a good job...and we perceived/still perceive Bob to be an honest man-personal knowledge of the same was important in this depression.
Major companies folded,Ford had a reported 132 B debt/neg 2.33 bv/sh,even Walmart lost 2 B in 1 quarter.
Regulatory agencies prohibited shorting in certain sectors for a time because they contributed to the sudden finacial collapse.
100's millions saw the loss of a great portion of their investments/lifetime earnings/expected retirement as is COMMON KNOWLEDGE plastered across the newspapers and in the SHOCK seen on peoples faces as they walk around in a stupor,asking what happened?
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