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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: Mary A Young who wrote (2608)4/11/1999 10:28:00 PM
From: Linda Kaplan  Read Replies (1) of 2911
 
You're right, Mary. I've seen it happen many times. When the pump and dump day traders infest a stock it loses value as long as for years afterwards. No one wants to buy and hold it after that. They destroy the stock. I know, because I followed their recommendations, got caught and ended up holding stocks that were totally junked. A year later, they are virtually worthless. I'd hate to have that happen to MDIX.

I can day trade too, as you do, but I don't go anywhere near the pump and dump groups any more. The distinction you made between regular day trading and pump and dump day trading is accurate in my experience.

Linda
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