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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999
BNEZ 0.00Sep 18 5:00 PM EST
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To: jmt who wrote (2536)2/18/1999 9:30:00 AM
From: otcbbbaby   of 2648
 
I have to agree with you on the idea of averaging down. I also agree that the MM's are not in a huge conspiracy with AOL, the Queen of England and Burmese heroin kingpins to destroy BNEZ. I've held the stock from its above two dollars days and while I believe in management and the product, any OTC company is a crap shoot. I do disagree with you on one point: I don't think the insiders have sold a single share. My impression is that the insiders have bought the private placements and that inside capital has kept the company alive to this point. Its cold comfort, but they have lost more on this thing than any other investor. :) The company isn't dead, but it definitely has a cold. But please note that its a cold, not cancer. In any conversation that I've had with Jack and Mikey they have always said that the company's success is tied to selling PMA. I think its positive that CompUSA is working with them, and I think, if Mitchell's numbers are correct, that this willingness to work with BNEZ is based on the sales numbers: 42, 85 and 42 for the first 9 days = almost 125 for the month. That's a steady growth. While I won't average down (my wife would shoot me, and she'd be right) I will hold. later
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