o: +bully (15028 ) From: +J. Nelson Friday, Mar 12 1999 9:58PM ET Reply # of 15030
WHEN A PERSON POSTS "BLOCK BUSTER NEWS" IT'S A PROMO OF ONE WHO WANTS MORE BUYS! So the promoter can sell the stock purchased over the past 3,4,5,or 6 trading days.
So you want a so proof... Try this 3/5/99 share price range .04 to .05 vol. 375,000 3/8/99 share price range .04 to .05 vol. 96,800 3/9/99 share price range .04 to .06 vol.1,763,800 3/11/99 shere price range .04 to .05 vol. 401,400
Would it be easy to buy up say 1,000,000 shares avg. cost .045 cents? for $45,000 no problem... Now Just tell everyone that great news is commin and it's hot and it''s going to be block buster news!!
So now that person who made the statement and knows the great big deal is going to come out Monday sells over the day the million shares at .055 for a net of $10,000.00 U.S. Cash... Why not sell the day of news Come on your not stupid. That would hold down the price jump and if you do that it may be to hard to short a top end. To make money on each side of the news. Let's see now what happens.
IF ANYONE READ THIS FAR TELL ME WHO DID THE PROMOTION OF THE LEAK OF THE BLOCK BUSTER NEWS????? GIVE UP THE NAME SO WE CAN FOLLOW THE REST OF THE STORY OR WHO IS RESPONSIBLE FOR THE STORY COMING ON TO THIS BOARD AND WHERE DID THEY GET IT??
Ya ever wonder why?
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I believe "JIM" that you hit the nail right on the head..........
"BULLY"
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