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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS
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To: Daniel Miller who wrote (8490)4/23/1999 7:12:00 PM
From: Tom Swift  Read Replies (2) of 13776
 
Danny, you seem to be still basing your opinions on calls to the company.

Please post all of your external to the company due diligence.
This is an important distinction -- if there are no red flags and some sort of external evidence that this is a good company, I may even buy some.

However, I would like to see you provide proof for once rather than vague "happy happy" postings and "speculations" about the stocks you pick.

We have discussed this before, if you want to be a guru, you need to learn how to investigate companies thoroughly before you post the picks. Calling the company and looking at the website is only the first step. What you have to do after that is dig into every name that you have and find out the companies complete history.

Also, think about why a company would be willing to give shares or options to "Professional IR Firms". The only way that they can benefit from such a transaction is by selling shares into the float.
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