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Microcap & Penny Stocks : DD Central on ECNC (formerly BETT)

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To: Jorjenzak who wrote ()6/16/1999 7:05:00 PM
From: Jorjenzak   of 266
 
To: Jorjenzak (2699 )
From: SCOOBEY-DO Wednesday, Jun 16 1999 12:13PM ET
Reply # of 2717

IMO
Tom has no reason to keep the price down. In fact, that is why ET&T is buying BETT stock, to increase the share price.
I think Tom may know who is trying to keep the price down, but what good would it do to say anything. Tom is going up against the seller by buying BETT stock and taking it out of the float.
Tom wants us to ask for our certs to take them out of circulation. That would also lower the float and increase the price.
In order to buy BETT shares at $0.30, Tom needs to get the BETT stock price above $3 by Sept. What reason would he have to hold the price down.
ET&T is smart by not putting in an open order for all the stock it can buy as quickly as it can. ET&T is working like a MM and buying cheap shares. We don't need the BETT stock price artificially inflated with ET&T purchases.
These are my thought on the current discussion FWIW.
Ron, DaiTN and Jorj.
We need your type of discussion on this thread. Thank you for your thoughts.
Scoobey

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