Replies to post #122421 on Biotech Values

[BTH]

The probably of a scam is even higher—maybe 98%—when a company’s CEO writes folksy-sounding letters to retail shareholders on a regular basis.

I'm trying to think of a company I owned, many many moons ago, whose CEO would do this. I mean, these letters were crafted for hours, pages upon pages. I wish I could think of the company - just nonsense about short sellers, etc. It must have been something I owned from the tech implosion back in 2000.

Looking back, ...another disturbing lesson on investing in crap.

I wonder if Sunesis's CFO is still writing lengthy paragraphs to their Yahoo! posting shareholders on a regular basis telling them about how they aren't going to do a reverse-split.

[ghmm]

There is an old guy in Omaha who writes folksy letters every year and occasionally does folksy interviews who probably falls in that 2% :-).

[DewDiligence]

[From #msg-64658695]: The probability of a scam is even higher…when a company’s CEO writes folksy-sounding letters to retail shareholders on a regular basis.

Yet another example of this today from AEMD:

http://finance.yahoo.com/news/Aethlon-Medical-Releases-prnews-4279719933.html?x=0&l=1

To our Shareholders:

…Not long ago, the medical community consensus was that it would not be possible for a medical device to remove harmful particles from circulation without also stripping out essential elements required for health. Well, as Walt Disney once stated, "Its kind of fun to do the impossible." I would add immensely challenging as well. Therapies that evolve from our platform hold the potential to alter the healthcare industry by unlocking the ability to attack disease survival mechanisms that are beyond the reach of drugs.

LMAO