General European Strategic Invt's Inc (GESI)

[pitts77h]

I simply quoted BG's own disclaimer. How can citing their own words be considered "taking a hit" or pessimistic or even disgusting??? I'm not saying it, THEY are.

BG was paid to issue positive PR about SATM, and that's fine. No problem there. However, they themselves say they have an "inherent conflict of interest" between what they say and what they do , and they should not be considered independent. They themselves say they sell stock very often, if not EVERY time. Their words, not mine.

I don't see that they spent any "extra" money at all. They got $20,000 and they say they spent $9,000 to buy stock. Now there's some question on the board whether they did or didn't actually buy anything, but I say it really doesn't matter. Their disclaimer makes it clear they're going to sell it right away. It's certainly possible they buy a small amount of stock, issue a PR saying they're long, then sell it. In reality, neither one of us knows for a fact what they're doing or why they're doing it - but their own words in their own disclaimer make it pretty clear what they are most LIKELY to be doing.