SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IDMC Waste disposal or just garbage?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DD™ who wrote (530)2/7/1998 5:49:00 AM
From: Bobby Yellin  Read Replies (1) of 972
 
do some reality testing..okay..go to quote.yahoo.com
and read all the news releases on IDMC..those are contracts and
money..earnings move stock long term..try to figure out what kind
of revenue IDMC is going to generate..also check out their business..
are they cost saving?..are they recession proof? are they long term
contracts? are they building their customer base?
remember the market works for a few because it drives excessive
optimism and fear...it is psychological warfare on an unfair playing
field..insiders have the knowledge and spread it to their friends
on occasion and the little guy out of the loop is left with only
the published releases and the stock action..
just pretend you were somebody who knew the inside scoop and you
realize that wow..what incredible potential....now pretend you were
a vulture or pirhanna and wanted to play with your own rules...and
didn't care who suffered...(you would rationalize it,(even if you
had insider information which you prefer not to look at since money,
not ethics is your driving force..or it is not how one plays the
game but just whether one wins or not..especially in this society where people worship money)..how could you get more of what
you wanted while trying to pay as little as possible..trash it!
get as many people as possible to sell their shares to you as cheaply
as possible..make them more and more nervous and anxiety ridden and
increase their insecurity..then buy those shares and dump a few more
in hopes that more will be testing their own reality..ie if the stock
is so good why does it keep falling..etc...etc..
the otherside of the tactic is if you know the stock is poor..start
pushing it up..let others who think the fundamentals aren't that good
start watching the stock pop up..get more people in and then sell...
another tactic is on a good stock is to start pushing it up..let
people jump in...then collapse it..burn some investors so when the
stock continues to go up..a lot of investors won't want to touch it
until it is much higher...the people use time because they have the
money and can wait..

what has changed concerning the fundamentals of this stock?
have they gotten worse since four months ago or better?
this might just be the market makers attempt of getting more shares
from weak investors or people on margin to dump their shares and
later suffer when idmc shares begin to reflect their earnings...
I am guessing of course.. remember to make money one buys low and
sells high..and to make real money..one buys and waits patiently
unless fundamentals change
bobby without nerves of steel
for fun if you have time watch the stock iecs...and the stock action
..use bigcharts.com
they just announced that the Bank of Montreal gave them a 500,000 C
loan..(wonder if B. of M does dd :>---they announced they intended
within the month or so to get a 5,000,000 loan....watch mm trying to
get more shares from weak hands..watch the volume and watch for blocks...there is a thread at Si
I have gone on tooooooooo long
bobby
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext