Jeff,
Here's a great post from RB:
Ray Jay; thanks. I believe what HITT is doing, BW is doing, AZNT is doing, will serve ALL OTC BB investors. Individuals like Shell certainly have no qualifications, authority or knowledge ( certification, licensure, etc.) to "educate the public. It is the greatest "scam" in my opinion, to be bullied by a bunch of vigilantes . The network extends from the boiler rooms who tout BB (house) stocks to individuals they procured from 'mooch lists'. The promoters entice newbie investors on message boards like Silicon Investor. As the boiler rooms touts these stocks to the elderly & the promoters on messsage boards hype it to newbies, the insiders & promoters start dumping. At that point the professional shortsellers move in. The boiler rooms can simply call up the elderly investors and solicit their stock for another 'house' stock they're touting. The bashers scare the newbies the promoters hustled. The target the companies with cybersmear campaigns. What happens when the investors who hold the stock decide to hold? Where do the professional shorts get the stock? We then witness these boiler rooms & bashers intensify their smear campaigns and go to great lengths to intimidate, harass, defame & libel shareholders or WHOEVER stands between them & stock to cover. I am not a HITT shareholder, but I think I know the game here. Good luck all !
Pugs |