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Microcap & Penny Stocks : E-Prime Aerospace (EPEA)

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To: Cosmo Daisey who wrote (335)7/23/1998 9:50:00 AM
From: Jon Tara  Read Replies (2) of 680
 
Unfortunately, thanks in part to the anonimity of Cyberspace, we don't *know* that the people here claiming to be long-term investors in this company really are.

I find it curious that, although this thread was first created in December, 1996, the current crop of "long term" holders didn't "discover" this thread until very recently.

In any case, I think it's irrelevant whether people have been holding this stock for along time or not.

re: your other comments - WHAT development stage? What kind of "development" might a company whose phone is answered by an answering machine be engaged in? Is the answering machine there because everybody is "out in the field"? LOL! Are they really involved in any "development"? What is your source of information?

Yes, I think this is a pump-and-dump. I won't accuse the principals of participating in the pump, though. It has the odor of and Internet newsletter operation - I'll bet some newsletter came across this, somebody loaded-up on the stock in advance, and then they spammed the hell out of it and got a pop. Just a guess though.
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