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Replies to #15875 on BOUNCE (BOING)
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harbs

03/18/05 3:43 PM

#15876 RE: Shepo69 #15875

looks like a massive pump and dump...w/ the dump being real bad..imho
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Sportsjunkie

03/18/05 11:26 PM

#15881 RE: Shepo69 #15875

cause it is a pink sheet stock that has issued tons of secret 504 shares and right now while they are raising money it is hard for the demand to surpass the supply....
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bman

03/19/05 2:25 PM

#15885 RE: Shepo69 #15875

Shep, Re. FCCN, I'm not sure about the reason for the drop on strong news. My personal belief is that GNET is shorting the stock. Some of the other MMs may be, too. I'm not sure of this, but GNET look fishy in that they frequently come out of the blue and hit the bid. They've been selling big throughout the drop. One positive note, though, is that GNET was high bidder at the end of the day at .065 and then when they had to, they jumped to high bid at .074. I'm hoping that if they were shorting that ther're beginning to cover. If so, Monday might be nice if we all hold and/or buy more. Don't let them have your shares cheap. That plays right into the shorts hands. I got confidence here, though. I bought four times in the last two days and have 128000 shares at an average of around .10. I've got a pretty strong interest in this one.