Replies to post #38033 on One Step Ahead

[janice shell]

Sigh... There is no such thing as "cellar boxing". Ask any financial biz professional.

Sure, penny stocks are manipulated, usually with the enthusiastic collaboration of management. Shorting them is not a good idea. They might spike at any moment and wipe you out. Look at SGGM the other day, for example. If you'd been short when it ran, you'd have a major margin call on your hands.

Many people think hedge funds run huge amounts of money. Most don't. Maybe a hundred million, maybe less. And of course they're diversified. No way are they gonna risk half their worth shorting a stock like CMKX. Neither are they gonna tie up their funds hanging onto a short position. You can't take your profit or get back your margin until you close the position.

[Tim71]

PYST, email response from Barbara Thomas: FWIW

Thank you for your interest in PayStar and in our current events.

The SEC prohibits the company, under their Regulation FD, from disclosing any material nonpublic information regarding the company to an individual without divulging that information to the general public. Essentially, if the company were to answer your questions we would be required to publish that information to the public.

Whenever an important corporate matter occurs we issue a press release.

I trust that you understand our position in not answering your specific questions.

Hang in there!



--------------------------------------------------------------------------------
From: Tim
Sent: Wednesday, March 30, 2005 10:39 AM
To: [e-mail]
Subject: PYST


Just wanted to check in and see what’s going on and how much longer before another PR? The price has been slowly dropping these past few weeks.
Any info you can provide me will be greatly appreciated!

Thanks and good luck to your company!

Tim

Share holder