SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FSGI Corporation (OTCBB:FSGI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FIJI who wrote (30)11/20/1998 1:18:00 PM
From: jmt  Read Replies (1) of 75
 
Scott:

I could not agree more. The company has incurred losses historically, although to a lessor degree. The acquisition we would hope to be accretive, however unless I missed something the shares paid in compensation were not disclosed, nor was the profitability of the business's being acquired. Therefore the "Monster PR" did nothing to suggest the valuation afforded this company should be different. It was simply an informative PR on corporate activity.

But of course the "Monster PR" statement had its intended impact on the share price, which will likely settle back down. But I found it a bit obvious after all the posts leading up to the PR, not a single post followed, as the position was most likely liquidated and the Dog Boy has moved on.

IMO hence the phrase pump and dump.

jmt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News