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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board)

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To: whenitgoesup who wrote (582)8/22/2005 11:03:17 AM
From: partysasquatch-  Read Replies (1) of 6687
 
Best not to enter INSQ if you are looking long term. INSQ took over Warnecke, which was a 3.6 million dollar revenue company with losses. INSQ paid 400k cash and assumed 1.5 million in debt for Warnecke. Immediately INSQ called Warnecke a six million dollar company and boasted of 40 million in revenue for INSQ. This is what we call "Crapola".

INSQ is part of a trio of companies that all own each other (this is a danger sign in itself). The stock may pop on good news, but it will fall because the shares will increase and the good news may be BS anyways. Shares will be issued for any acquisition and the acquisition may be worthless like Warnecke.

A pumper named Rivet on Ragingbull is promoting this piece of junk. He also promotes IDVL. He buys this junk when no one wants it and then pumps it. IDVL has a scambuster on sitting on the Ragingbull board. Ragingbull also has people that are exposing INSQ for what it really is.

This is just a little help. Who buys a 3.6 million dollar revenue company for 1.9 million?

Buying short term and watching it carefully may yield some money, but, you have to sell when it runs.

Good Luck,

Party
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