To: Ken Salaets who wrote (17057 ) 6/30/1999 3:17:00 PM From: valuehunter Read Replies (1) | Respond to of 19331
Ken, my man ----- One of the things I came to believe during my "brief vacation" was that message boards such as SI have negligible, if any, impact on stock price or action. Anyone would have to be a moron to make an initial investment or increase it based on postings rather than concrete facts, financial releases, news of contracts, or other info originating from the company or Edgar filings. ( Gads, what does that make some of us? ). I came to conclude this based on the price action of some stocks I own while away from threads & then comparing the posts to price mov't. I have also done this little experiment on a long term basis & concluded almost a TOTAL lack of connection. If you think postings here drive the stock price compared to the actions of individuals like Mr Z, the SEC, the NASD, MMs, the company's failure to make good on promises, delays, "mistakes", etc - then you are living in a strange dream indeed. As far as selling, well, the company of which I am part owner has made it virtually impossible to do so. One might initially blame the SEC suspension on outside factors, but that does not come CLOSE to explaining why the provisions for relisting cannot seem to be met. In closing, I'll post whatever the f*ck I like, truly believing that it has no impact whatsoever on stock price movement. I'll sell a good portion of my holdings ONLY when I can get a decent price. After all, one of the basic tenets extended to an investor buying stock in a public company is the implied right to sell or add to their position in a free marketplace (theoretically, the same marketplace that existed at the time of purchase -the OTC- or, in the case of DCI with their promises, the NAZ/AMEX). Management then has an implied duty to return us to this "unfettered" marketplace or give us a clear answer as to why they cannot. Oh gee - I hope this post doesn't bring our price down.<<GGG>>.....v