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: MakeMoney who wrote (4575)	7/28/1999 6:34:00 PM
From: Toby Zidle	Read Replies (2) of 4767

Well, MakeMoney, this was Day #2. Yesterday, you weren't convinced it was 'Pump and Dump'. Now consider these points: Stock opened Tuesday at 17 cents; closed Wednesday at 18 cents, only a penny different. Intervening High was 27 cents. Today's action all came in the early morning, virtually finished by 10:40 EDT. Later transactions were few, low in volume, and (with one exception) always falling in price. Residual volume today was less than one-third of yesterday's hectic pace. Today's close is just a penny ahead of yesterday's opening transaction, barely 5% better. If there was a fundamental reason for the price to have risen yesterday, such as a new earnings outlook, it should not have dissipated so quickly. The only basis for movement was PUMP. And the pumpers sold their stock very shortly thereafter in the DUMP. They were the ONLY winners. If you ever want to examine a one-day PUMP/DUMP hit, this one is the classic example. And tomorrow? Probably back to boring, per Gator's request. What's your opinion now? And where's Marcus?

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