Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (6731)	5/6/2002 1:32:25 PM
From: Bruce A. Brotnov	Read Replies (1) of 16631

Dave, another manipulated stock is PLMD as it started in Nov 99 with a stink story about FBI raid and it dropped 50% to under 20 as I recall and several months later it regained 40 area and the same allegation came out by Herb Greenberg I think and it went under 20 again and last year they again managed to get the FBI for real this time come and take out records (one of the companies had 4 claims in question out of several million) and then a couple months ago the SEC found nothing worthy of charges and the stock gapped up 13 points. A rare day when shorters of a good stock got their just due. If a company is fradulent, then they deserve to be taken down, but when it is fraudulent accusations then the false accusers should receive similar justice - but how often does justice prevail. I guess that is what keeps the market volatile. Bruce now at Sacramento

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