Sky Scientific caught you, too. Now there was a textbook case
of insider manipulation. Did you hear about it from that august
publication titled, ironically enough, "Wall Street Insider"?
Your superb post reflects a depth of knowledge not available
to those who have not been similarly stung by the insiders'
"shell game". What is remarkable about this "game" is that
it is played with impunity despite the broad purview and
otherwise focused scrutiny of redundant state and federal
securities watchdog agencies. This is a charlatan's game,
and there are but a blessed' few who know how it is played.
This generalized ignorance is, of course, the charlatan's
greatest strength. In the end, this oft repeated company shell
game is tantamount to organized theft on a scale that makes
all the rackets of all the mobs look like the Saturday night
two-penny ante poker game over at Uncle Joe's house.
Doubtless, you make a compelling case for ignoring Woolenchuck's
well-worn admonitions and strident exhortations regarding
the taking of physical possession of shares held long. The small
investor, as you wisely suggest, risks ensnarement in a potentially fatal
trap- intended or no. Besides, this point itself is moot if, as has
been announced here, the company registers the great number of
shares it currently holds. Time, of course, will tell us the nature
of this beast. All of us here would gladly suffer a sharp
price increase in the stock. In the meantime, I look forward to your
thoughtful posts. |
