Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (2620)	5/25/1998 6:14:00 PM
From: Crossy	Read Replies (1) of 9440

Gary, how true. Zeev Hed told me he warned of PLNK - and now I see that story in stock detective <G> I think verification is the key. When I was looking at TMMI (Total Multimedia) believe me there was not even a phone number ! Imagine that. Bankruptcy, all the fuzz regarding licenses and nothing to be verified. Frustrating to say at least. Never could understand why anybody invested there but some did - 7500 posts on the thread says it all. Your impression, daytraders need a huge float. That's probably the reason why they recently are hyping AWFUL COMPANIES- because apt companies normally don't have a HUGE-FLOAT - or else they would do a reverse split when it's due. I have seen them trying to run, pump & dump small floats, <2 million (otc:ALYA, otc: HICO) for example and they both shot up. Guess that some of them were hurt when it settled to the midpoint. However because both are solid companies this was just a shortterm episode as both found a floor and climbed again. regards CROSSY

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