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Technology Stocks : Superconductor Technologies : SCON
SCON 2.500+10.1%Sep 7 5:00 PM EST

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To: Winston Lee who wrote (330)2/22/2000 11:06:00 AM
From: Pluvia  Read Replies (6) of 903
 
For past Pluvia Sell rec's Please See:

SBTK
PLSIA
CTRN
MALB
AKSEF
AMPD
TLTK
SRCM

And many others...

Some of these will be harder to find as they have been delisted. The CTRN story was a good one - in three days our crew uncovered a scam involving 5 public companies. We submitted the info to the SEC and on the third day of our intense research effort, all 5 companies were halted by the SEC... The largest one day trading halt in SEC history. Read all about it on the Silicon Investor thread where the research unfolded real time...

Subject 25226

Many people have written me suggesting I just don't "understand" the potential for SCON...

Wrong, I do understand their future potential, but SCON is nothing more than a story stock here... Cold fusion was a great "story" too, but we all know how that story ended... At $3-8 bucks I sometimes buy story stocks for a pop. But not at $30-40...

SCON had 8.8ish million shares added to their 10ish million float just a few short days ago on Feb 11, and these shares were purchased for between $2-5... To make matters worse SCON MUST sell more stock Just to pay the bills and keep the lights on...

If you want to "dream a little dream" in the hopes SCON actually develops a market for their product - go ahead... Personally I don't buy $30-40 "story" stocks that just expanded their float from 1ish million shares to 10ish million shares, when the 8.8ish million new shares were sold to investors at $2-5 bucks... Wrong risk reward ratio in my book. History says these new shares will hit the market as the shareholders hold waaaaaaay too much profit.

One other thing to note. Pump n Dump is defined as hyping a story while selling cheap stock. Notice how SCON has all the elements of a pump n dump...

***BUYER BEWARE***

Cheers
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