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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )

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To: Tom Dickson who wrote ()2/9/2000 2:48:00 AM
From: Mary Baker   of 1063
 
I really enjoy this post concerning this scam stock and the hero trying to rescue us from losing our life savings. But lets remember he gets no joy from belittling others...he is only here to help and that is a worthy endeavor. Then again would scam busters derive any joy if it turned out the company was NOT a scam and investors actually made money? Hmmmm I will have to ponder that philosophical question when I am deciding whether to sell my 400% profit that I will probably give away to charity. Disclaimer: I do not believe in the Pyramid scheme and the greater fool theory. In other words I don't believe in profiting from scams. So if it turned out that GONT was indeed a scam...I would not feel good about making a profit on it. However, so far this scam theory has not materialized. But...good to know the scam busters are keeping a vigil. I really do appreciate that.
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Message 12059418

Stolcker, sure, matter of fact I am always long. Yes, you heard right - I've never shorted a stock in my life. I plan to someday, just haven't done it yet.
Yes, these stocks "typically" crash all by themselves, without warning. So I want to supply a warning so that the smart half of the shareholders can get out - is that wrong?

I've been long a lot of stocks. Have you ever seen the thread I started on CITI? Subject 21241

I was right on that one, it's more than doubled since I started the thread, going steadily higher in the past year. Check my prediction at the end of the subject post - not bad <g>

I've been publicly long on other stock threads here as well, for example SRSL, but it's been quite a while since I posted there. I tried really hard to get my buddy Lowell (https://www.siliconinvestor.com/profile.aspx?userid=147408) from the old FAMH days to go long on KIDE. That was about a year and a half ago when it was trading at around $4. Feel free to e-mail Lowell if you don't believe me.

Some people listen, some don't, same as anyone else's posts. I have gotten thank you notes from those who have, however, such as the one from an investor who sold GONT at 50 cents for a nice profit. Glad to know some people wake up before it's too late.
You are correct, it would be absolutely senseless for anyone to pay me to post. Perhaps that is why nobody does it. Market makers turn better profits when a stock goes up, so they wouldn't pay me to post. I can't short the stock, since it is illegal for me to do so... there goes my personal profit motive.

Don't you think that people who have lost their life savings playing penny stocks "needed" to hear a few fact-based opinions?</>

What I think is "old and tired" are the companies that only exist to print stock, scamming people over and over again.

Makes me sick, matter of fact. I hate scams. Is that such a bad motive?

P.S. I've spent the past nine years in jobs using my research and writing skills, so I think it's a pretty honest living. None of them had anything to do with stocks or the market, however. Too bad.
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