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Microcap & Penny Stocks : DROM - Interactive Media
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To: Jeffrey Beckman who wrote (120)9/20/1996 1:52:00 PM
From: Augustus Gloop   of 638
 
To all DROM investors.........

As I posted yesterday, I am very interested in this stock!!! What I am about to say is
not an indictment on the company but rather the Market Makers.

Current Ask = .56 Current Bid = .4025

This amounts to a 38% spread and highway robbery by the market makers!!!!!!
Now some of you may be saying, "its a hot stock so the MM's markup is not a big deal."
This may or may not be true. What is true is that investors who purchased yesterday at
.43 have seen a 30%+ jump in the ask price and if selling today would lose money.
This type of unfair "pin in" practice should not be tolerated by we investors. For this reason
I would like someone to post a list of the market makers here. If you see the
securities firm you do business with listed as a MM, PULL ALL YOUR
INVESTMENTS AND GO WITH A DIFFERENT BROKER. Its time to
send a message to all MM's that the RAPE of investors is not fair and will
go unrewarded!!!!!! Also, contact the SEC in your state and tell them about the
type of manipulation these MM's are practicing. As most of you know, "pink Sheet"
or non listed securities are manipulated everyday by MM's costing the general
public millions. This is our hard earned money and we should be willing to fight it.
Don't get me wrong!! I am not so stupid as to believe that a couple pulled accounts
or calls to the SEC will stop MM's from manipulating stocks. It may however get the
ball rolling and if done by enough investors could lead to more fair trading practices.
So please list the MM's here. LETS SCREW THEM LIKE THEY SCREW US!!!!!

Just call me Ralph Nader......
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