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To: TideGlider who wrote (354)8/13/1999 7:20:00 PM
From: Qone0  Read Replies (1) | Respond to of 2392
 
I would not call it pump and dump. That suggests that someone is manipulating the share price. That can't happen with all 6000 otc stocks. And most will show that pattern.

The lower the share price the larger the % moves a stock makes both up and down as a rule of thumb. The reason for this is the amount of capital it takes to move the share price.

This is niether good or evil it just is. When things are looking good for the company the capital comes in. When bad news comes out the capital goes out. Most companies have good things and bad things happen to them. This causes the spikes and dips.

Take IOM for example. It is a fully reporting NASDAQ stock. Was it a pump and dump? Or was good things happening when it was going up and then bad things happening that brought it down?

The same thing happens in penny stocks. But because of the capital required to move the price it happens much faster and at a higher %. Both up and down.



To: TideGlider who wrote (354)8/13/1999 7:41:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 2392
 
OH BS .,.. a pump and dump is this....

A Utah company claimed to have developed a new data transmission technology called "Digital Wave Modulation," and the company's stock soared from $3.50 to more than $40 a share. Prices collapsed when the company failed to produce a promised prototype, but not before the company's chairman and his children sold approximately $3 million worth of their shares in this classic "pump and dump" scheme. (SEC v. International Automated Systems, Inc., et al.)

Now would you like to tell me where the Pump and Dump exists. ANyone posts good information is a pumper according to the internet posters like you. But we share dDD and you want to twist it to your own agenda. SO where is the pump and dump. The issued shares can be accounted for and there is not any new shares showing up on the DTC. SO please show me the P & D you are refering to in your posts.

This fall is blatant and intentional. I cannot see where anyone would be this obvious ... Nor where anyone is making money selling at this range.

:-)

GB