Replies to post #28274 on Ngen Technologies Holdings Corp. (fka NGRP)

[Gailm]

Can't tell the pumpers from the hopefuls

I concur with your thoughts about this stock, but there are those here who really believed the hype, and then those who had other agendas.

I will say this. The community of people that circle these types of stocks is very small--they are all interconnected, and you either trade with them--or get crushed.

Unfortunately it has little toi do with product, management or intent. Its just one big game.

And that was NOT the intent with loosening reporting standards or making the rules relaxed for trading. The pendulum will swing the other way, but real companies?

They just keep on getting squashed. Its a shame really.

[xristosx]

I find it very odd that someone who spends so much time debunking things, takes the information just provided about Pringle and accepts it as fact. You don't ask him how he knows this? or to show facts? Makes me think a few of you are in this together.

[stockless]

I am ashamed of buying when I did. It really was all in the open though. I just thought we need this type of alt energy and protection product. What can I say, I got emotional about the product, which I am not alone.

I am good people and it cost me plenty.

Gailm I do agree with you on the non intent of loose standards on penny stocks in general. It is like a big dah to any trader that say's gee, if I pay myself a lot and keep diluting I can't get in trouble.

I am a free market guy but if the company is not making money, there should be limits to pay. Like you said it is to build a company, not reverse capitalism of pay yourself first, and the hell with the company and shareholders.

But like with most things in Gov, it's all or nothing type overreactions that bypasses common sense.