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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Tom C who wrote (21139)3/11/1999 5:35:00 PM
From: Janice Shell  Read Replies (1) of 26163
 
Why not AZNT? Why turn a blind eye? Your logic is poor.

You're right. Doing good research takes time. Cindy seems to think that either it doesn't matter, or that you can, say, hit on the Stevita website for half an hour and call yourself an expert. Note that our buddy Spidey's doing the same thing on the ITHC thread. Horrifying. He very obviously knows nothing at all about the company, but he's in there slugging. Before he knows it he'll have another libel suit on his hands.

But: do good work, expose a fraud, and you'll have made people aware of potential problems. I do believe a great many penny stock enthusiasts became more cautious, and more willing to ask the questions that should be asked, after the MTEI fiasco.

To say, as Cindy does, "most penny stocks are scams", really doesn't cut it. And in any case it's not true. Most aren't scams; they're just awful little companies run by incompetent management. Like Crashco.

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