InvestorsHub Logo
Followers 0
Posts 838
Boards Moderated 0
Alias Born 09/06/2005

Re: solid_research post# 4216

Tuesday, 10/25/2005 10:45:37 AM

Tuesday, October 25, 2005 10:45:37 AM

Post# of 23107
solid. It is beginning to look as if the pump on this stock reached its zenith a couple of weeks ago. Recent revelations about Down's stock fraud conviction and the exposure of all the lies told in the PRs to date have scared off most pumpers from spreading his story for him.

Have you noticed how few new investors show up on the message boards? Yesterday's nonsense about another stock buyback isn't working. The last time Downs tried that scam he had to confess only a few days later that the company hadn't bought back much stock at all but had merely taken back some of the restricted that Downs held and returned it to treasury. Of course, that was after he had sucked in a few mullets by saying he had completed a big buyback.

The big problem from this point forward is that people would be buying blind into a non-reporting company shown to be headed by liars and specifically by a guy who has proven in the past that stock fraud is not beneath him.

Downs has a 150 dollar a month "virtual office" in a virtual office park. IDWD's site doesn't work. I just checked the download at 995ad.com and it tok over one minute to download a search on a car. (so no one in their right mind would use the site for anything other than to find out how many lies the guy was currently disseminating about the site) He has been giving away ads for free and there is a major question as to whether or not anyone has ever bought an ad there. The "dividend" is a tired old trick that even the most unsophisticated newbie realizes is some kind of scam. No one will ever benefit from it. Who wants restricted stock in an illiquid shell?

Downs had his chances along the way to unload a boatload of stock into the pump and I'm pretty sure he did.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.