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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: WILLIAM I who wrote (1579)7/24/1998 8:59:00 PM
From: Ferick  Read Replies (2) of 2595
 
William, Part II:

3 / do you have any financial interest on the long or SHORT SIDE? <Yes, I do, long $7000. I can't short these penny stocks as you should know. None of us can. That's the beauty of these penny stock pump and dumps ( I call all the stocks advertised in IBD the very same. It's what IBD's nich is - quick bucks, gambling. But, I don't have to tell you that. Anyway, if you can't short a stock on the down and it doesn't go back up, you lose. >
4 / At least if you play the short side of it, I will understand, and
will then respect that. <Same as above.>
5 / But if you are not,then you got to explain to all of us what is your motivation? other than trying to sounds intelligent or educated. <My motivation is from wanting to see little start up companies such as Araldica, succeed but, all must play by the rules. That includes always telling the truth. No more lies. If you lie to your customers or you lie to your shareholders, if you are a public corporation you have to distribute pertinent information in a timely fashion. If you lose an officer; if one resigns, if one dies, if one is replaced due to illness, you inform your shareholders. If you distribute information that is found to be untrue, you issue a correction to your shareholders and your customers and your employees in a timely fashion. You hold informational meetings with your employees and, as a publicly held corporation, you distribute a synopsis of those meetings to your shareholders. This is usually done four times a year on a regular basis with informations on other events distributed as they occur. >

Do us the pleasure of a rational answer.....please. <As far as trying to sound intelligent; William, I'm a poor speller so I keep a dictionary handy. As much as I try not to misspell words, I still, sometimes, do. Even here on the S.I. bulletin board I misspell words but, thanks to the spellchecker, I'm able to find and correct. I was very fortunate to have had English teachers who took the time to teach me as a child the way the english language should be handled gramatically. It is the way I was taught to write in school. I am also fortunate enough to have been able to stay awake during class (sometimes). I hope I've answered your questions to your satisfaction. If there is anything else, you just let me know.
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