Wednesday, June 15, 2011 11:55:32 PM
P&Ds alienate new investors. These new investors get news letters, buy something as it's going up (pump), and then sit there and get slammed on it's way down (dump). This is no way to encourage long term investors. The problem we have been having with Calm Seas isn't the terms of the LOC, it's the relationship they have with their bedfellow StockWatchAlert and the conduct of that relationship in regards to the shares Calm Seas controls.
Understand? Calm Seas would be fine if there were no StockWatchAlert. OK?
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