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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: WVMayor who wrote (64617)3/27/1999 3:26:00 PM
From: Sheri Kohn  Read Replies (3) of 119973
 
Major
Thanks for your concern.
I am no expert on SEC rules, but what is Joe doing that many major brokerage houses don't do? I don't think it is too uncommon for an outfit to buy up a bunch of XYZ stock, put out a Strong Buy recommendation on it, then sell into the strength and then lower their rating. One of the differences is the houses also get commissions. And you don't think the analysts on NBR that hype a stock don't own it? Please.
Joe seems to be up front about what he is doing. And he gives good rational for his picks. Is what he is doing illegal? If it was, there are an awful lot of lawbreakers out there. Is he truly under investigation or is this just a bunch of hype? I don't know the guy, and feel funny if I am defending him, especially since I still have't heard from him or gotten my password.
He does seem a little, how would one put it....<VBG> outspoken?
But heh, I don't want to marry the guy, I just want to make some money.LOL.
Sheri
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