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Pastimes : How to best deal with KOOKS at this web site

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To: Herb Fuller who wrote (1753)9/8/1998 2:34:00 AM
From: Bill Ulrich  Read Replies (2) of 1894
 
Herb, re: can it be for real?

It's "real" in the sense that a lot of real people will get sucked into another scam issue and lose a lot of real money. This "induced short squeeze" ploy is the foundation of quite a few penny scams; OVIS/RMIL and AZNT are the first two that come to mind. It never happens, and it will not materialize.

The SEC halted RMIL back in December and it remains halted today. Wouldn't surprise me a bit to see AZNT get shut down as well, for the same dubious reasons. All the while, the longs will continue to cheer on this impending forced squeeze which never seems to happen. The RMIL longs have been cheering it on since 15 months ago. Like Energizer Sheep, they keep going, and going, and going; not realizing that the crooks are already toasting themselves on an offshore island where liquor laws mandate the use of little umbrellas in all beverages.

A few people make some profit on the short-term momentum, but the vast majority will see this thing languish from 3 or 4 bux down to 30 cents soon. Guaranteed.

-MrB
edit: I see Fleming is pushing that carp stock on the thread. Wall Street Journal recently wrote an expose about his "stock promotion" activities. The phrase "Run!&#151Don't Walk, Far Far Away" comes to mind.
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