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Microcap & Penny Stocks : NetCurrents (NTCS) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (81)4/12/2000 12:54:00 PM
From: Harold V  Read Replies (2) | Respond to of 199
 
This downdraft NTCS is in is tough. While NTCS seems to be an incredible buy here (at $6/share, not to speak of $5 today), I'm wondering what you, Sam, and others are thinking about (1) explanations as to what is gong on and (2) when a turn around is likely to occur. The NASDAQ is, of course, still being hammered, primarily, it seems, because tech stocks like Motorolla and Microsoft are symbols for the entire tech sector. So what are we to think? That better earnings will begin to show up next week, which will reverse the trend for NTCS too? Or something(s) else? All replies appreciated. Harold V



To: Sam who wrote (81)6/15/2000 9:02:00 PM
From: StockDung  Respond to of 199
 
Francois Goelo got me suspended from raging bull for posting information about Allen Wolfson on the ragingbull CYAA CYBERAMERICA CORP message thread. It was announced on June 14, 2000 that Wolfson was mentioned in the SEC sting operation

b. Wolfson Proceeding
The Division charges that from January 1999 through at least March 2000,
Allen Z. Wolfson fraudulently inflated the stock prices of
BeautyMerchant.com (formerly known as ATR Industries, Inc.), Learner's
World, Inc., Rollerball International, Inc., Healthwatch, Inc. and HYTK
Industries, Inc. The Division alleges that in connection with these
manipulations, Wolfson obtained control of large blocks of shares, caused
sham trades to be made to give the appearance of an increasing demand for
the shares in the market, paid bribes to six brokers to create demand, and
sold into that demand. The six brokers are also being charged today for their
roles in the manipulation. The Division contends that the respondents received
at least $7 million in illicit profits from these manipulations.