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Microcap & Penny Stocks : TMMI - Total Multimedia

TMMI 0.0111

-26.0%

Nov 11 3:58 PM EST

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To: Sugiyama Kazuo who wrote (17140)	11/8/1999 5:54:00 PM
From: Marvin Katz	Read Replies (1) of 19109

All the criminals have left Vancouver and gone to the OTC BB. This is not to say that all people involved with the VSE were or are criminals, nor should it imply that everyone on the OTC BB is a criminal, or at least unethical. Simply put, however, the open nature of these markets have made them ripe for the unethical to blow off paper. The stock market pump and dump is what gave the VSE its bad reputation, and hurt the legitimate business people who were lumped into the same categories as the purveyors of paper. Now, it seems the OTC BB is well on its way to the same reputation as scam artists build perceptions around a hot story that is really nothing more than a lot of hot air. So be cautious. Good companies won't present the psychological tricks that these promoters utilize to get your money into their stocks. They won't tell you that this is your only chance to get in before the stock doubles, triples or even becomes a "ten bagger". I don't think Peter Lynch was talking about paper scams when he described the ten bagger in his books. Simply being a promoter does not constitute this unethical behaviour either. Promotion is an important component for companies to build value and generate investment to enable growth. However, shoving worthless stock down your throat and then pulling the rug out from under you is nothing short of criminal in my mind. Having seen all the tricks, I simply advise a good deal of caution. Do some due diligence when investing in stocks listed on markets that are forums for scam artists. And keep your eyes open when you hear about the can't lose opportunity that is going to pass you by unless you act now. Good trading decision need not be made on emotion. Enough Said.

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