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Microcap & Penny Stocks : nhmcf
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To: Milk who wrote (468)2/1/1998 11:16:00 PM
From: Mike Heimbuch  Read Replies (1) of 702
 
Milk

Got your message - and from a couple others - same response to the question I raised re: the tone of recent posts. As far as your link to stock detective - I have tried repeatedly to contact FSS and am familiar with the track record of their 'picks'. I flat don't know what to say or think about their alleged association with NHM - which ironically enough was the first time I heard of either outfit. Its pretty clear to me that money could be generated by FSS without the benefit of shares coming from a company for services rendered. Seems like if it did happen that way - those shares and their disposition would show on financials somewhere. And as of this date - NHM is adamant about no association with FSS having ever taken place. On the other hand - selling short into artificial promo - regardless of the position size - would seem a likely way to make money. A company like NHM - and granted there are definitely frauds out there- as someone like Bogart can testify to - would seem to have very little to gain in the long run by this sort of manipulation. I could be wrong - but with a little history in the securities business - it doesn't make much sense to me - IN THIS PARTICULAR CASE!!! My own position - and my clients - is not large enough for me to unduly worry - but I certainly will remain interested and of course suspicious - simply because FSS did attach themselves to NHM at one point. Best of luck - and I agree with those who say - Go see the company at work. Also - I have found National Securities to be an excellent source of company info and outlook for NHM.

Mike up North
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