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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Rich who wrote (33832)8/22/1999 9:10:00 PM
From: cicak  Read Replies (1) of 44908
 
Another interesting article about online fraud...

thestandard.com

"In the world of online investing, the message board is the medium of choice. Anonymous people with names like Zonkie and L'il Engine regularly troll the message boards, looking for online scams. Hundreds more may involve themselves with a particular stock."

"The problem with this grassroots information system is that sources are anonymous. The poster who claims to be a pleased investor may have more of a stake in the company he touts than he discloses. The vigilante who warns of shaky accounting or imminent losses may simply be carrying a grudge."

Regards,

Phil
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