Bomax Resources - BXS.VSE Message Board

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Gold/Mining/Energy : Bomax Resources - BXS.VSE

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To: Walter N. Schreiner who wrote (59)	12/8/1996 9:05:00 AM
From: Johan van Slooten	of 313

Walter, I'm sure this is market manipulation and I will send an email to the VSE to notice it to them. This whole week, there's been almost no trades in Bomax: this is called paradise for protraders/market makers. They just can do what they like with this sort of stock. At the end of the day, better, at the end of the week, they push the stock lower (or higher) in an empty market and set a price for the day or week. Small investors seeing this panick and sell or think something positive is occuring and buy. This is just what the market maker wants them to do: he buys cheap shares or sells high priced shares. The best way to get him to his knees is not selling in this case at these prices. When nobody sells at these prices, it will only be the market maker selling too low and he will loose in that case. But, we all know off course, that there's always someone willing to sell. Well I'm not selling, that's for sure. And actually, the shares at 0.56 last Friday (4000 shares) were for a friend of a friend of mine. This friend bought 5000 at 0.60 the week before. What I mean is this: I stand for this story and I'm getting others into it. In the end the patient guys will profit big time.

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