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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Hogger who wrote (12541)11/20/1998 1:59:00 AM
From: EL KABONG!!!  Read Replies (2) of 26163
 
Hogger,

I agree with your assessment. If an individual is purposely bad mouthing a stock with the intention of profiting from a price decline, then in my opinion, it is no different than the individual that would hype a stock to sell into a subsequent price rise (pump 'n dump). However, you should be aware that it is much easier for the bad guys to employ pump 'n dump than it is to bash 'n cash. You won't find too many bad guys profiting from shorting when the pump 'n dump is so successful. There are a few notorious shorters out there such as Asensio who is alleged by other posters here on SI to bash and short. But I don't do it, and I don't think that anyone posting here on AZNT does it either.

I would be very happy to see the SEC take actions against anyone who shorts, and then bashes, as long as what is being "bashed" is clearly untruthful. You certainly can't fault someone who shorts a stock and then says something like "I don't think management can achieve these numbers". That's not really bashing. Bashing must be untruthful, or have the element of untruth in it. Just my opinion, though.

KJC
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