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Microcap & Penny Stocks : AppNet Systems, Inc. (APNT)

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To: Joe Copia who wrote (5)2/11/1999 8:36:00 AM
From: Lazarus  Read Replies (2) of 232
 
Gee Joe... An earnings announcement from 1994 ...

...sounds like you are following this one REAL CLOSE. Hey little joe...have you picked up the phone?

Your info sounds like the kind Coppertop gave on ISTV. Can you give anybody ONE solid reason why this stock should go up ... or be WORTH actually buying ... other than the fact that you get a rise out of an uptick?

FOR THE LURKERS -- here is a PM I received last nite... name withheld:

Bargin...

I'm happy to see someone stand up to Joe C. I, like many, got caught up in the "Joe is God" syndrome. It's come to the point that Joe says jump, and everyone says how high.

Now much wiser after many failed chasings of totally worthless stocks from him, I totally ignore his postings. The problem is he still benefits because the herd still thinks "Joe is God." Joe gets in, he hypes (actually he doesn't need to spam or hype - he just needs to say "I'm in!"), the herd buys, Joe sells and makes $$$, and the rest of the heard can't send junior to college.

I call him the "stock whore" at work where a bunch of my buddies trade and talk pennies. He's a stock prostitute that does little research and just looks for some dog trading for a penny and spams it.

But this is America, and whatever it takes to make a buck. Now if only he could decipher a balance sheet and actually believe in a company he invests in. That's my view and probably yours too. Maybe I'm wrong about him, but I won't ever chase one of his picks again. I have the loss carryforwards on my Schedule D to prove it!


Barginstocker
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