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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: der-gute-alte who wrote (62047)9/6/2000 5:37:03 PM
From: Jim Bishop   of 150070
 
Interesting read there. In each case, I see phases such as below.

"spread false information"

"sale of bogus securities"

"false financial and stock price projections"

"false and misleading statements"

"disseminating the false press releases"

"false and misleading data"

"wash sales"

"published false and misleading information"

"fraudulent press releases"

"false information about the issuers and baseless price predictions"

"manipulative trading"

"false statements concerning the purportedly
"long-term" trading intentions" "

"baseless financial and/or stock price projections"

"manipulated the prices"

"misrepresentations about an issuer's business ventures and assets"

Hopefully none of those things are happening on this thread, although if a company issues a false and misleading news release, and we post it.......how the hell are we to know, that it's false and misleading?

I'm not too clear on this "manipulative trading".

For example RNWR today. I bought the other day at $3.85, I bought more today at $2.50, to arrggghhh "average down" but I'd rather call it "accumulate lower" as that doesn't sound as much like "I blew it" on the first buy. Now in my mind, I wanted to take out the last of the offer at $2.50 so hopefully the ask would sit at $2.75, and shhhh, also in the hopes that someone else would come in and take the $2.75 out, then I'd feel better looking at a $3.125 offer which would be close to my average cost. So is that "manipulative trading", LOL or just manipulative "thinking".

And what about momo's. If something pops up on a scan, unusual volume is coming in, I buy some, it moves, it slows, so I buy again on the ask to "give it a push"...is that manipulative trading??

Hell on most of the momo's I don't know any more than the symbol, some quick chart, thread, and filing DD, and sometimes am in and out without ever knowing the name of the company....and could care less what they do, who or what started the momentum. Should I be caring? I don't know.

Stick to the truth, stick to what you know for fact, don't make price projections, and if you say you're buying, you'd better actually be buying.
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