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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks
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To: Dr. Memory who wrote (5462)10/26/1996 6:39:00 PM
From: Dave Wax   of 13351
 
"I WILL NEVER AGAIN BUY ANY SECURITY THAT IS PROMOTED BY SGA GOLDSTAR AND OTC COMMUNICATIONS, BECAUSE IT APPEARS THAT THEY RECEIVE SHARES OF STOCK WHICH THEY ARE IMMEDIATELY FREE TO SELL INTO THE VERY BUYING THEY ARE PAID TO PROMOTE, TO THEIR OWN CUSTOMERS, A HUGE CONFLICT OF INTEREST, OR SO IT WOULD APPEAR" Tom: That seems to be the truth, the whole truth, and nothing but the truth. I said this once before and I'll say it again. I bought blocks ranging from 2000 to 10,000 shares about 30 different times since the end of May. Every single time, all 30 times the Stock closed lower for the day. No exceptions. It didn't matter weather I bought during a rally or a selloff, It always closed lower. In fact a majority of the time I ended up buying at the high for the day. A combination of SGA making this company sounding like the next Intel, and the crooked Market Makers always manipulating the BID/ASK their way, they certainly got the best of me. If any of the infor. coming from SGA had any merit whatsoever, SEXI would be currently trading of the NASDAQ at 30 dollars a share. Lets face it. The more buying we, the small investor did, the insider selling overwhelmed us. A tug of war Men again Woman, and by far, we were the women. SGA is crooked as they come......
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