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Strategies & Market Trends : cash-rich dot bombs

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To: baystock who wrote (58)	12/19/2000 1:12:51 PM
From: Jeff	Read Replies (2) of 184

<<don't care if they have cash or not......these are all at these levels because mm's are taking tax sellers low as possible......they get a pile of cheap shares.....and then they run em up and dump their shares on small investors who think they have a good long term hold.....only to watch the bottom fall out again.......>> Nice sounding theory, but I ain't buying it! you ain't buying my theory......i suggest you look at the 10-day charts of NPNT and USIT......nice mm's.....hey..... build up shares cheap.....let em run......pull the rug out.....text book mm pump and dump...... bigcharts.com btw......when buying these cheap ones....just remember what can happen......just ask anybody who thought TDFX was cheap! well it got cheaper.....real fast!!!!! bigcharts.com i figure most here don't play otc stocks......but if you want get out of this dot.com crap.....do some dd on PUPS.....its a real world company you can identify with.....might become a mini "pep boys" ......low float.....and its been getting some weird action the last week....... remember however...otc stocks can be hazardous to your wealth.....roll!!!!! but a company like that can't be any worse than these dot.bombs that are imploding all over the nasdaq...... regards

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