MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Woody who wrote (4719)	11/18/1998 11:57:00 AM
From: Jeff Harrington	Read Replies (1) of 7039

Woody wrote: "I have learned from experience with BB's that we really know almost NOTHING about what goes on with these companies from day to day." Let me just add my two cents here as someone who works for a public company and who follows the companies thread here... I'm constantly amazed at just how far away the posts and the DD done by posters on my companies thread is from the truth. Just amazed. Many of us at my work just sit back and laugh at the posts. It's bizarre how people will believe what they read here. SI is useless in most cases, except for getting people to lose their money. Here, we all get swept away in a new phenomenon where we believed that thorough DD would protect us from crooks. The OTC-BB crowd, from what I can see now are practically all cut-throat sharks if not outright thieves and no amount of DD will protect you from reverse splits, companies selling stock, outright thievery. A new group of Internet savvy investors, led by charismatic losers, lost more than dough in this and other SI fiascos. How many SI-promoted BB stocks have been halted by the SEC? JH

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