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Technology Stocks : Source Media SRCM

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To: Sir Auric Goldfinger who wrote (1769)12/3/1998 9:27:00 AM
From: MW  Read Replies (1) of 3015
 
wrong again augie doggie;
<<<Kenel Ration, you're a rocket scientist:"Why is this stock up again($19.25) if it is a scam?" Why did Bre-X get to multi-billion $ capitalization and why did SOLV Ex get to almost $1 B? Because there are paid hypsters who will clean your clock at every turn and because people like you want to believe. There's one born every minute>>>

That argument, though wrong, carried alot more weight in July when this stock first got the attention of the investing public. Since then however the co. has been and continues to be heavily scrutinized both by the SEC and potential investors. The financials, class action suit, and the other accusations that the shorts have made have been looked at and the result is that even after the stock price tumbled from the 30's to 4 it has now recovered all the way to 18. Spare us the bs about the hypsters at SERP and OGRU selling to old ladies. The Volume and trade sizes indicate much bigger players have stepped in. Regardless SERP and OGRU wish they had the ability to sell that much stock and if you knew anything at all you would know that these brokers make money on commissions and it iin their best interest to sell srcm at a profit for their customers so they could sell them something else. Brokers don't do very well when their clients buy and hold for a very long time so not only have they been buyers but they have been sellers as well. It's not them who have driven up the price.

and bre-x and solv-ex ; did they ever rebound in price after they were beaten down as srcm did???

Time to put your tale between your legs and find another bone to chew on augie doggie.

mw

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