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

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To: Kelly Igou who wrote (4586)7/30/1999 1:47:00 PM
From: Toby Zidle   of 4767
 
As you said, Kelly, you've been away for a week. Maybe you didn't read all the postings here. You're speculating that the stock ran up on earnings expectations.

Look again at the quality of this run-up. Day #1: Up BIG on huge volume that started abruptly with less than two hours left in the trading day. Day #2: Volume fizzles. Price closes only one cent higher than the opening trade of the first day. Later days, back to dullness again. No net gain from end of day #2.

Coincidentally, three separate penny-stock pickers on the Net tout ETPI as their stock of the day in the afternoon of Day #1, citing wonderful anticipated income, not one word of which had ever leaked to anyone on this board. [How do three independent penny-stock pickers ever land on the SAME one company of thousands of OTC:BB stocks and hear earnings news we've never found out about despite our advantage of having close inside ties through Marcus? Maybe they aren't INDEPENDENT stock pickers?]

Tell me, Kelly, does this sound to you like a genuine earnings play or does it sound like the classic one-day Pump and Dump?
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