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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Tummus1 who wrote (914)5/23/1997 1:13:00 PM
From: David Wideman   of 1480
 
Hi Tony,

Although I prefer your scenario, I tend to agree with Michael.

Unless MM's know something we don't know, they would be subject to the
same risks as the individual investor.

Also, if demand was overwhelming, how could they accumulate shares to
begin with? Seems like as soon as they got their hands on shares, one of
us investors/gamblers/risk-takers would snatch them up.

If I were HANS & FRANS, or whoever these people are, I think I'd rather
see price go from a dime to a dollar to a dime on 1M volume, all the while
keeping that magic 8-cent spead.

Still hoping that SOROS' make-believe press release of a couple of weeks ago
comes to fruition soon, I have exhibited profound self-restraint in making
no additional purchases for 4 or 5 days now. Haven't sold any, either.
This one lone sailer will either complete the cruise to investor paradise,
or go down with the ship. Our ship seems to have sprung a leak, but maybe
Dr. Stamm and crew can get us patched and going.

Maybe our nauseating cruise on rocky waters will turn into a dream ride
on a jet boat.

I think I've said "maybe"& "hope" so much that I'm getting even more
nauseated.

A good holiday weekend to all,
David
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