ISSM Message Board - Msg: 7451760

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Microcap & Penny Stocks : ISSM

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To: Bill on the Hill who wrote (5071)	1/24/1999 10:31:00 AM
From: Bill on the Hill	Read Replies (1) of 5211

Ahh yes the pursuit of money. Rather intoxicating is it not? I am guilty just as well. I drift around from thread to thread. I watch the arguements and the egos battle for superiority so that the winner captures a willing group that will follow to the next INSTANT success. Then that superior ego will have already purchased at an incredibly low price, use a news release that is imminent or one that was just released to help create a firestorm of interest which drives the price up in a flurry of activity. Zero growth investing, moneychanging. Call it anything you want the results are the same. The market makers get their 1/16 per share. The well timed purchasers (note that I did not say investors) get their 3 - 10 cents per share which when one is talking 100k shares is $3,000 to $10,000 for a days placement. Then out and on to the next. Not hard to do or figure out. That is how the market works we all know that. Lets be honest here. What ever happened to posting the facts and then listening to a rebuttal? This new form of investing IS TAKING MONEY FROM INVESTORS. The company is not able to use the money. If anything they become aware of what is going on and use it as a chance for themselves to sell into the purchasing. With no full reporting requirements they are able to pad their cash positions with relative ease. Watch them and watch the patterns. This ain't rocket science guys. It won't be long and the feds will be all over this type of investing like stink on ****. If we think that it will be allowed much longer we are not facing the truth. The wheel will turn and the next game will pop into sight. The lure of money is just to sweet. One thing is certain. No matter how much things change they stay the same. This is the IRRATIONAL EXUBERANCE that Greenspan warned us about. GET IT WHILE THE GETTINGS GOOD! DON'T DELAY! Did I put in there by the way that this is my opinion only?

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