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To: robert duke who wrote (3447)7/11/1999 2:31:00 AM
From: patwrk  Read Replies (5) | Respond to of 8858
 
Been observing the recent exchanges. I always respect A&P's ability as an expert shortseller and my memory indicates that he plays with large dollar amounts as well as having a large number of fellow short seller's on his plays. He's honest in that his intention is clear as opposed to shorters that pretend to be your friend. I respect his right to honestly short sell. I question the tactic of taking over a message board and effectively creating a negative atmosphere appearance for any potential newcomers. On a previous run we had shorters playing the 'smut' card without much success.

Based only on my own observations, I've noticed that A&P usually does not get as involved on an individual stock message thread as we see here unless the short sell isn't going well. I do believe that there are investors other than the usual online types in on snmm for what they see as the development stage of a major company. Since I've long ago taken major profit on this one, my remaining shares are free and I therefore choose to remain long regardless of any short term damage by a 'short attack.'

I would encourage everyone not familiar with Anthony to visit his threads. Even though I havn't found short selling to be my way to success (and I have been happily successful), I believe Anthony is very knowledgeable and has much to teach (I believe he has a San Diego seminar scheduled.) Treat his visit as a learning experience and whenever he shows up repeat your dd to ensure that your position is solid. Anthony knows that most of the readers of these threads don't really do their own research but amazingly throw their money at stocks based on what they see on these threads--unbelievable but seems to be the case. Don't be stupid. If Anthony raises a legitimate negative issue then get off your fanny and call the company. Communicate with other trusted investors, etc.. He's right about some bad stocks. SNMM however, IMO, is a solid company that will prosper long term regardless of any short term swings.

Best wishes to all,
patwrk