NBMX - National Boston Medical (was FGRX) Message Board

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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX)

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To: Bill Ulrich who wrote (1037)	1/10/1999 12:57:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) of 1286

Exactly. The SEC must get thousands of complaints. Barring something outrageous, you don't just halt trading because things "look bad"; you only do so after gathering a mountain of evidence. This takes time. This takes manpower. Saavy investors in many cases see the warning signs well before the ax drops: missed deadlines, numbers that never materialize, etc. Notice I said "warning signs" and not "smoking guns". Things aren't always as cut and dry as we'd like often times. Yeah, someone is always going to be left holding the bag, but in investing never forget that every dollar you make on a purchase is a dollar the person you bought the shares from did not. However, if jj feels moral turmoil for selling shares of a stock he realizes is a scam to someone else, then that's his prerogative. - Jeff

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