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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail
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To: Bullseye who wrote (1184)4/1/1998 3:13:00 PM
From: Robert Morrison  Read Replies (1) of 1800
 
Bullseye. I too emailed Stern & Co some time ago pointing out to them that their web site had CYI listed on NYSE and not AMEX and that they should correct it. The basis of this is of course that if a professional stock promoter/consultant can't get it right then it reflects poorly on their client. I too never heard back so I guess they either aren't awake or interested.

This class action in TRII has been put together so rapidly it makes you wonder if some short-sellers are at work. The last time I came across one of these the short-sellers settled out of court for more stock in the target company and when it took off they made even more money after their short-seller profits. Short-selling should be banned. Not only does it destroy long term investment but how you can sell something you don't own just doesn't make sense.

It's still okay to hype a stock but you have to at least do your books right and of course be on the look out for short-sellers (which makes AMEX a safer haven than NASDAQ).

Rob
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