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.
Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sly-1 who wrote (3223)2/10/1998 1:51:00 PM
From: Wally  Read Replies (1) of 3906
 
Sly: I've been burned 100% of the time by Kostech picks.
UMSI, HVSF, Some stupid Asian calamity went from about 3 bucks to 30 cents BEFORE the Hong Kong flu. Now it's at 12 cents and dropping.
I wrote them a friendly terse letter (if that's possible) asking them about some of their picks. To their credit, They responded quickly, admitting that UMSI & HVSF were in trouble. They said that they were looking at both of the aforementioned situations and would pass on updated research information to their subscribers, soon. Incidentally, they did say that Harvard's doodoo was the result of terrible mismanagement, and that they liked the new management's chances.. if it wasn't too late. That was months ago. Now I'm pissed!
I don't even read their "bulletins" anymore. A "bulletin" suggests a sudden burst of news. Kostech's bulletins mean "slow death."
My brother keeps telling me that "you can't trust any professional in the biz." The brokers screw him every time and the Kostechs of the world are paid hucksters.
A quick funny story (I think it's funny).
A few months ago, Unlucky Broker Number 1 Million cold-called my brother during dinner ... He had a "can't-miss" stock for my brother, to which my brother replied. "GREAT! If it can't miss, I'll buy $50,000 worth. Just one thing. I need your personal and company guarantees." The broker said. "Well, I can't guarantee anything" and my brother said, "Then you're f..ing liar.. bye-bye, and don't ever call me again!"
Wally
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext