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Pastimes : Criminal Internet Stock Promoters Speak Out!

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To: Just My Opinion who wrote (17)10/29/1998 9:34:00 AM
From: K A Anderson  Read Replies (1) of 189
 
Cleaning up the Internet is almost like being trapped in a carnival house of mirrors, with a little smoke thrown in. Most of these promoters know this and exploit this fact along with investors greed to the max. The SEC and NASD are big buearacratic <sp?> beasts that takes forever to get turned in the right direction, to be honest looking at the "punishment" doled out so far, they may in fact be sort of toothless beast to boot.

My opinion is the key is investor education, with a little critical and analytical thinking mixed in. You cant protect investors from themselves, there are millions of blown calls every day... I know I kick myself on a regular basis <g>

Ever notice when someone brings up a point or question on a thread? But people are shouted off the thread and the question is'nt answered or not in a rational manner ... this is'nt analytical thinking, its the siege mentality "gotta protect my investment" and that is the biggest red flag I can think of on a stock thread but I make it a point not to agitate provoke or even post in many cases, just quitely move on.

There are a few people out there "the bashers" that provide an acid test for stocks, love 'em or hate 'em they do serve as a balance, whether it is an objective balance I dont know. 90% of the time all this turns personal, threatening or "ruling through intimidation" Thats the ultimate red flag to me.

Gotta think for yourself folks, no one can protect yourself from yourself.

KAA



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