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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: Magic RN who wrote (90401)8/23/1999 6:16:00 PM
From: BarbaraT  Read Replies (2) of 119973
 
Magic .. guess I'm the only one who agrees with you. Yes, it is in my opinion a classic P&D. When someone prints more than 20 posts in one day about a particular stock, that certainly classifies as a pump. When that same poster says he is long for the week -- and then decides to sell and states he is doing so, well 1 point for honesty, but that's a dump. But still and all, many people bought believing that "he" was firm in his belief in the stock for at least a week. That is the only reason some people get in while a stock is running ( and sometimes near it's highs while the pumper is selling into the buys). This is a typical Tmex type situation, and obviously he has many students of his methods. If they can buy something, pump it up stating to be long, then sell it stating to be long on something else - they can make a lot of money with their following.

No sour grapes for me on this one, thank heavens, since I was burned sometime back when PRFM was pumped on the threads and I got hurt buying high and selling low (but higher than current prices). Have to know the source. If you can get in during the beginning of the hype, just know to dump early because the ones who bought before the hype are going to do that very same thing ... leaving a lot of people holding the bag! What's the saying - "buyer beware".
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