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Non-Tech : Bid /Ask Spreads - Market Manipulation

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To: Sidney Reilly who wrote (253)1/30/1997 1:38:00 AM
From: ----------   of 308
 
Excellent Post Bob:

Just another example of why a person should read BEFORE they invest.

Reminds me of a true story. A guy I know bought a stock & told me
it was a great "defensive stock", and should do well in the long
run. Naturally, I asked him the name & why it was so good. His
reply was: "They have no debt."

After doing a "quick and dirty" on the company it became appearant
why they had no debt. I had grave reservations if they would have
qualified for a secured VISA card, let alone an actual loan!

Regards,

Doug
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