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Re: Mat Basterson post# 31001

Wednesday, 12/21/2005 3:08:20 PM

Wednesday, December 21, 2005 3:08:20 PM

Post# of 36716
Mat.................

In most cases, they ( companies )use a share divi in another company to help sell shares in their own company during a pump and dump session. I'm yet to see one that actually wound up being worth something, although I'm sure its happened. It sucks in a lot of newbies with dreams of being rich just of the free shares. Next, if we ever do see a pr, will be a planned buyback or an R/S. This will be announced with the phrase " to increase shareholder value ". Share volume will follow, but its usually someone dumping into the PR.

Ya...I know...Dan has said twice...no RS

He's said a lot of chit that hasn't happened. For that matter he's Pr'd a lot of chit saying it happened...and it hasn't.


It's pretty bad when some put their shares up at market to get the tax write off and the MM's cancell their orders.

JMHO



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