Guess who the shorter was on GIFS, None other than the CEO who tonto found had a criminal record, he manufactured and distributed drugs, escaped from a half way house while on parole, two of his business partners were found dead from bullet holes behind the ears.. nice guy, huh ? Tonto may have bought the stock but further DD told him to get out before the halt. For those interested in finding out about GIFS, since Pugs keeps bringing it up... suggest you read that thread beginning with April, 1997. It's not the first time that the insiders were the shorters they were complaining about.. nice ploy scream foul that your stock is being shorted... get a couple of people to organize a squeeze... and presto you can make nice profits selling into the run...familiar?
To: +Bob Wolff (5766 )
From: +Steve Brandt Wednesday, Apr 30 1997 11:16AM ET
Reply # of 7552
After sexi and now gifs I'd say you can't trust anyone you don't know.
I would now trust Michael Kugler, Caroline Bogart, Craig Crawford tonto, and others from my sexi experiece that you would not know.
I've found that with penny stocks. The person you hate the most is probably going to be right when all is said and done. The one you love everything they say, you look forward to their posts, when your distressed about the stock, they post and make you feel better. Those are the ones that screw you up. They may or may not be doing it intentionally. In sexis case my wife Linda and I were being spoon fed by email and telephone by lots of people all kinds of fantastic info about upcomming news and earnings and you name it. And suckers as we were, we posted the info and the more we posted the more good info we recieved. In the end none of the info was true and many people lost their asses. In this case we had Jaime and Greg being used this way, no fault of their own, but this is what happens.
I've come to the conclusion that these stock forums are more of a social thing and not something you can make decision on unless you know and trust the person from a previous situation.
Craig said never never never hold a penny stock long. And I knew that
but I thought gifs was different. I thought gifs would be like grno.
Well I've rambled enough.
Steve
To: +michael d kugler (5699 )
From: +Steve Brandt Tuesday, Apr 29 1997 9:17PM ET
Reply # of 7552
I really must thank you Michael. You saved my butt big time. Because of your magical dd I got completely out of this stock.
I want to tell the others on this thread to listen to Michael Kugler. He has brought the truth out on the sexi thread and I ask his opinion on gifs several weeks ago and he did some checking and his opinion was right on the money. I don't know how he does it but he has a magical way of getting to the bottom of things. To me he is a master of Due Diligence. Now he is interested in gifs. All the better for everyone involved. |
