ETPI-Military Entertainment Enters Civilian Market Message Board

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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: Ken Fallon who wrote (3989)	3/11/1999 10:21:00 AM
From: LiveWire	of 4767

Ken, Everything that I have posted came from the conference call, and calling the company over the past week especially the past 2 days. Me repeating it means nothing. Please call Pete at 281-486-6061 if you would like to ask him questions. Things that I am told by the company, I refer to as speculation because I don't trust anyone when it comes to penny stocks. Market Makers pay tons of money for the position to do what they do. They do make a market for stocks, and they do manipulate stocks. The manipulation was the subject of a huge lawsuit which from what I understand was settled with large fines. I'm not sure of the details. When the price of a stock is rising the market makers sell from their inventory if there is no other seller. Once their inventory runs out they must short the stock. This is what leads to manipulation. They move the prices down to scare people into selling so they can cover their shorts. That's the theory out there. Nobody knows if there is true manipulation going on with ETPI. Steven

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