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Non-Tech : LOCK (Saf-T-Lok)
LOCK 23.990.0%Feb 16 4:00 PM EST

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To: Riley G who wrote (603)5/12/1998 1:54:00 PM
From: Susan Saline  Read Replies (1) of 1039
 
Hi all,

re: pump n dump

some do not fully understand this term

When a stock is being tooted to daytraders as "going to the moon"

that is the pumping

When the "pumpers" are selling, they then become the "dumpers".

Yes, this stock, was a part of that on a couple occasions.

The pumpers took advantage of those who LET them.

Never buy a company on the word of others.

Do your own DD

I have now taken a longer term, position in this, when volume was low...not to have to chase this, when the trend really does turn to the positive.

Good investing all, Sue
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