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Microcap & Penny Stocks : IMMD - ImmuDyne
IMMD 0.215-2.1%Jun 21 5:00 PM EST
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To: semi-recumbent who wrote (978)6/10/1997 11:59:00 PM
From: semi-recumbent   of 1249
 
Okay M. H., your answer was silence to the message I am replying to above. That tells me a lot about you and your group. For those who read your B.S. here I post another note from the DCTC thread in order to let others see what I see. I see indications of a coordinated action on the part of some investors to take advantage of some momentum building in a stock and use their combined trades to accentuate the daily highs, at which point they sell their positions and cause a daily low. It is then time to re-buy etc. All the while, other investors in the stock get caught up in the movement and buy high just to watch the price melt away. I don't quarel with investors' right to trade as they see fit, but acting in concert (collusion) at the expence of others is most assuredly immoral and possibly illegal. Naturally it is hard to prove collusion so I would never accuse you and your band of such a thing. On the other hand I bring the following post over to this thread for others to read and make their own judgements.
"To: +Bruce Galpeer (2144 )
From: +Lou Truex
Jun 10 1997 9:45PM EST
Reply #2148 of 2149

Hi Bruce with the computer problems,

I moved some out and then back in today on IMMD. Tomorrow will
be interesting to say the least(G). DCTC just would not cooperate
with my meager purchase so I anted up when I saw only 1 mm on the ask.
When are you going to get your stuff back up and running?

M we owe Grupo a big one H"

I also remind all of the "joke" post from Brad (or some unknown entity using his I.D.<G> )to brag about his IMMD trades.

Knowledge is power
Sam
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