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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999
BNEZ 0.00Sep 18 5:00 PM EST

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To: Elio Madama who wrote (1379)1/7/1999 9:59:00 AM
From: Ellen  Read Replies (2) of 2648
 
Copied, with permission, from the Raging Bull thread:

By: DavisJD
Reply To: None
Thursday, 7 Jan 1999 at 8:16 AM EST
Post # of 455

Yesterday's action to me clearly demonstrates that this stock is being manipulated.

I understand that BNEZ claims that they have not dumped shares. Think about this. Would Jack and Mikey dump a lot of shares when the stock is near its all time low? These guys are sharp. I would expect a lot of fake PR, lies, mistatements of fact and a big run up in price before they dump (if ...IF...they ever would do that).

We have Mr D buying in 20,000 and 30,000 share lots and the price dropping? The best answer some of us can come up with is that the company is dumping shares? At 20 something cents? No way!

Elio posting on SI to new investors to stay away....that is exactly where they want you to be.

Some 1-3 million certs are scheduled for delivery and the stock trades funny and many think its new shares being issued? Come on.

If Jack and Mikey were gonna dump new shares they would run the price up and then do it. Every action they take is exactly contrary to what someone would do before a dump. They ignore the market cap and then let the stock price alone while they figure out marketing, distribution, sales etc. then suddenly decide to dump shares...to borrow for Elio's SI post...Wake up America...or better yet...Wake up Elio.

Sorry for rambling.
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