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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: Lance who wrote (639)4/19/1999 4:01:00 PM
From: tonto  Read Replies (4) of 1125
 
Lance, add up the amount of shares that WST has advised he has purchased recently. It doesn't matter if someone is a "big buyer of a penny stock" or not. Why would someone "invest" close to $500,000 in a company with no financials? That is a very hefty stake and the risks are well known. I do not know if he has or not and do not care. A big mistake investors make is assuming an internet stranger is in the know. We do know all recent purchases if made are deeply under water and the paper losses on those purchases are very significant.

It is always best when a stranger advises he is buying so heavily to ask for confirmation, otherwise it serves no purpose and can be costly...

Best to all.
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