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Gold/Mining/Energy : Energy Biosystem Corp NASDAQ-ENBC -- Ignore unavailable to you. Want to Upgrade?


To: C E D who wrote (313)2/10/2000 7:42:00 PM
From: Sir Auric Goldfinger  Respond to of 336
 
Don't you worry, I got plenty and will be advising accordingly. In the meanwhile, please do all you can to levitate this pig.



To: C E D who wrote (313)2/10/2000 7:53:00 PM
From: C E D  Read Replies (1) | Respond to of 336
 
From the Yahoo ENBC thread:

Somewhere here today one of the shorters posted that Petro Star had pulled out of their deal with EBC. During my conversation yesterday with the Anchorage Petro Star office they didn't mention that, they only said there was Government grant money available (waiting) for a pilot project if EBC meet certain benchmarks in their process. We also discussed another process they are developing in house. If the subject comes up again I will make another call and get a clarification, although one small provincial refinery is not of any consequence here. Weather or not this is a good investment I don't know, I am sure it carries a higher risk factor than average. It is the Hype, shrill, and misleading statements that bother me. Someone is running an investment service and trying to manipulate the market in this stock, they bring with them a cadre of followers all saying the same thing. No doubt this works quite often and after they have left, the stock again finds its place in the market. When attacking a stock with a small float there is always the risk shareholders will not go along, making the shares scarce and hence a short squeeze occurs. This may be one of those times where the dog bit back.

Regards,

CED