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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce
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To: Warren A. Wilbur, Jr. who wrote (1067)2/15/1999 4:40:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 2994
 
I just received some constructive criticism from another friend concerning the way the thread is sounding. We might be a little too happy for a Monday when the stock has gained 0% on ZERO volume.

Point well taken.

Here is what we are concerned about. First hot stocks(and RDIM is not hot yet) attract day traders. Witness RDIM on Monday December 21st. Investors merely need to look back to the start of this thread and note how few of the original posters are still present to understand many of those who post here at SI are merely playing a stock for a quick buck.

Also, what if RDIM does get really hot? Won't we attract short sellers and OTC BB stock bashers?

Yes the thread will do that if the stock rises without fundamental support from the company.

RDIM needs to progress with their business plan in a very organized and deliberate fashion. We need to refrain from making statements like the one I made earlier today which implied I would not sell my shares today for $10. Of course I would if I could buy them back for $1 tomorrow.

I have accounted for 1.3 million free trading shares from the information gathered thus far. Looks like we have a fairly good idea of who buys RDIM shares. Readers of this thread make up the majority of those people.

Regards, Jeff
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