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Microcap & Penny Stocks : ISSM

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To: rd greer who wrote (5136)2/2/1999 12:48:00 AM
From: Brander  Read Replies (1) of 5211
 
rd,

<Brad. I remember when Craig Seibels?? was posting to we hardheads about the warning signs associated with ISSM>

I do too, and at first I knocked him, but then I listened. I was also fortunate to receive some information from an individual I won't identify that was very close to ISSM. This revealed enough of the true story that I dumped a significant portion of my position. Then, another individual shared some comments that came from the corporation in Oregon that ISSM had a brief contract with. These comments were pertaining to the reason that corporation cancelled the contract with ISSM. This only confirmed the truth that I already knew but had not fully accepted. I then dumped the rest of my position. I price was rapidly falling, and this final dump took me several days.

It was an expensive learning experience. Unfortunately, this is the type of lesson many investors have to actually experience before they truly gain wisdom from it. Fortunately, I have more than made up the loss, and part of the reason is that I am a wiser investor (at least I like to think so).

Brad
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