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Microcap & Penny Stocks : CMOZ, next cmgi

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To: TOPCAT1 who wrote (474)	2/18/1999 2:06:00 PM
From: Toby Zidle	Read Replies (1) of 947

Help me understand what you said, Cat. <They need money, they have to get it somewhere, I suspect that is what is going on now.> They?? CMOZ or traders? Normally the trading of stock has nothing to do with the company. Whether the stock sell at $50 or 50 cents, it's transparent to the company. They don't realize a penny from any buy/sell transaction. So I'd have to conclude you feel CMOZ is manipulating the trading action to get the highest price possible so that they can use inflated stock as currency to buy out other companies. Personally, I don't know if CMOZ is worth $2/share no matter how you cut it. But I don't think that the fact the CMOZ stock hasn't budged much from $2 in the past two weeks indicates company manipulation. If that were really the case, I'd expect to see CMOZ make some small progress every day back toward its earlier $5 high. That's not happening.

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