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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Frank_Ching who wrote (8506)6/25/2000 12:51:00 AM
From: who cares?  Read Replies (1) | Respond to of 10354
 
Burns, ZIASUN is an "Internet holding company

Ziasun has claimed a lot of things that didn't exactly turn out to be true. You can call yourself whatever, don't mean much. Ask Zapata.

CMB



To: Frank_Ching who wrote (8506)6/25/2000 1:59:00 AM
From: Francois Goelo  Read Replies (5) | Respond to of 10354
 
A very positive thing about the Mckenna deal...

ragingbull.com

By: Miggzy
Reply To: None Friday, 23 Jun 2000 at 2:10 PM EDT
Post # of 23086


A very positive thing about the Mckenna deal is that they appear to be focusing on B2B. It's the right area to get involved in because B2B simply takes existing businesses and makes them more efficient by conducting transactions, communications and generally operating business between companies online.

It's also understandable for ZIASUN to go in this direction because B2B's have more chance of making money quicker than many B2C, ETailing or informative online businesses. Let's not forget that ZIASUN is good at making profits.

ZiaSun and TMG jointly believe the Internet will become an increasingly important vehicle for business-to-business transactions. Moreover, there will be continual growth and development of emerging companies with improved deliverables to fulfill the ever-changing needs and
expectations of e-business.





To: Frank_Ching who wrote (8506)6/25/2000 2:00:00 AM
From: Francois Goelo  Read Replies (9) | Respond to of 10354
 
SHORTING MM's: COMMENT ON RULE S7-24-99...

To Whom It May Concern,

The rules, which allow Market Makers (MMs) to naked short stocks, should absolutely be changed. The behavior, which results from this activity, under any other circumstance would be criminal. The MMs, represented by their law firms, use the argument that it is necessary in order to maintain liquidity and to make a market, but in actuality this argument is nothing more than a smokescreen, which enables them to continue behavior, which caters to their own greed and profit motives. At a bare minimum the current rules allow activity which is a conflict of interest. It is like having the fox watch the hen house, and their actual past behavior clearly indicates that they cannot be trusted and are not capable of self-regulation.

There may be some value in the basic concept of shorting, but in current practice it has gotten out of hand, and the practice of naked shorting, on the OTCBB, should never be allowed, under any circumstance, by anyone allowed to trade on U.S. exchanges. The reason is simple; when someone goes long on a stock, the maximum loss is limited and there is a floor, since the stock can only go to zero value. When someone goes short, the losses are unlimited, as there is no ceiling. Under this circumstance the pressure is increased to do whatever is necessary to protect ones position. And that is exactly what happens to induce activity, which should be considered illegal market manipulation. Even the MMs can make mistakes and the practice of naked shorting allows someone to get into a situation, which they cannot get out of under normal means. The problem is exacerbated by the MMs being in a situation, where they can do this without any accountability, or required disclosure of their position. They are then empowered to actually set the price of a stock and control its movement. This is clearly a conflict of interest, which should not be allowed. How can anyone, even for a second, think that this makes sense? History has proven that money and greed are one of the most powerful motivators. People from all walks of life, have committed major crimes and behaved in ways that are completely unethical and immoral for far less money than is available to the MM industry through their ability to short and manipulate the stock market.

I have witnessed the effect of this type of potentially illegal manipulation on the price and movement of a stock, in my case INVT (Investamerica/Optica Communications) and have read numerous examples of others. I never would have believed that this type of activity could happen if I would not have seen it first hand. MM manipulation can be absolutely devastating to a company and it's stock. As a result, most of the risk on the OTCBB is not with the companies, but rather with the MM trading patterns. An investor can evaluate the risk of investing in a start-up company, but there is no way to evaluate the risk of MM manipulation. The MMs are in such an uncontested position of unregulated control that they feel invincible. With no checks and balances on their behavior, they have gotten out of hand. I have watched the MMs sit on, and even lower a stock price, over and over again, and for extended periods, in the face of significant buying, yet lower the price on very little selling. I have seen numerous trades executed for thousands and tens of thousands of shares with little or no upward price movement, followed by a lowering of the price on sells of a few hundred shares. You can watch intraday trading and tell when they are going to start lowering the price by watching them trade between the spread and then start walking the price down. You can see them trading between themselves to give the appearance of selling in order to lower the price, or selling to investors at the bid in order to paint the tape lower. They will raise the ask only to fill an order, or fill a partial order move the ask higher to fill the rest of the order, and then drop the price right back down, the net result being no gain from the buying. When watching the trading activity day to day the MMs seem to have constant downward pressure on this stock, even in the face of strong buying, or news from the company. Lack of buying, even without selling, causes the price to drop, and when there is no news the behavior is even worse. These tactics are all designed to play on the emotions of a less experienced investing public, and these are just a few of the tactics that are used by MMs to manipulate a stock price to their benefit.

This activity makes no sense, unless it is done in order to protect an excessive short position, or move the price to the benefit of the MMs alone. This often results in the MMs being at odds and in an opposing position to the company and the investing public. This should not be the case; the MMs should make their money on the trading activity and the spread. They should never be allowed to get into a position where their own position and greed takes precedence over the company, the investing public and the normal movements of a free market. In the current environment, they obviously cannot be trusted. Anyone who thinks that these things do not happen either has not looked closely enough, or has blinders on. It is virtually impossible that all of the people who are crying foul are wrong. The question is not whether, it happens. The question is whether anything will be done about it. If not, then all of the talk of protecting investors, fairness for investors, accurate warnings in disclaimers, and the expectation of a fairly executed and regulated market mean absolutely nothing. It is easy to see all of this as just movement of numbers and dollars, and forget that it all involves real people and families, who work hard for their money and are trying to find a way to make their money work for them. All investors should have a reasonable expectation of a fair market, instead they are being robbed by an unregulated environment that should not exist. Now what is going to be done about it?

Sincerely,

Rick Ballenger
Investor



To: Frank_Ching who wrote (8506)6/25/2000 2:02:00 AM
From: Francois Goelo  Read Replies (14) | Respond to of 10354
 
The Creation of Misunderstanding: STOCK MANIPULATION 101...

One of the primary principles that motivates us all is the organizing and ordering of experience--in other words, making meaning out of our perceptions. Most of us who enjoy investing in development stage companies have done considerable due diligence before committing monies. It is our understanding of the company's products, services and management that leads to a sense of confidence in the face of risk. It is this "understanding" which strengthens our sense of self and allows us to remain invested long term in an early stage company. At the same time there is always a fear that we might be misconstruing or misinterpreting a situation. This is why it is so important for management of development stage companies to continually make themselves available to investors. For as long as we feel knowledgeable and confident, it is possible to tolerate a wide variety of emotions as early stage companies attempt to achieve success against major odds. Without this confidence and understanding, we can't tolerate glitches in the company's progress, and we tend to sell out at just the wrong time.

One of the first ploys of those attempting to manipulate our emotions is to create misunderstanding. For example, reports are published employing emotionally tinged language with highly pejorative connotations--e.g. "It's been reported that highly questionable relationships exist with the apparently unknown investment bankers..." Reported by whom? What questionable relationships? Who says they are questionable? Investment bankers apparently unknown by whom? Why does it matter if they are unknown? These are all reasonable queries in the face of such a statement. But the herd rarely challenges such distortions. Instead we buy into the demeaning and inflammatory connotations that are designed to create confusion and misunderstanding in a contextual absence of any accurate facts to support a particular author's pejorative biases.

When we feel we've misjudged a stock pick, a number of interesting psychological phenomena take place. The containment of strong emotion becomes impossible (thus the normal self doubt characterizing such investments is no longer tolerated); psychological defenses such as paranoia are mobilized, and the confidence in our decisions begins to break down. In a word, the successful creation of misunderstanding leads to significant self-doubt, which is increasingly difficult to tolerate, and eventuates in exiting an important position at exactly the wrong time.

Adhominem Arguments

An Adhominem argument is defined as one that is directed at destroying the validity of a proposition, product, technology or service by attacking a person's character rather than addressing the rational flaws in the company's product or technology. For example, a CEO might be attacked because one of his or her shareholders had been involved in an unrelated shady deal ten years ago; thus, by implication, the reader takes away the idea that the CEO might be dishonest also. Or the Chief Financial Officer may have worked for a company that went into bankruptcy in the past, thus implying that the CFO had a direct responsibility for the bankruptcy and will repeat his or her mistakes in the present situation.

Many of us remain with a small company through difficult times because we admire and respect its management. One of the requirements for maintaining our investment confidence is our connection with available others who can be admired, looked up to and felt to be a source of strength and empowerment. (This is one reason, why we become so frustrated and angry when management lets us down, and it is this rage, which fuels many frivolous shareholder lawsuits). By calculating ways to destroy the credibility of such admired others, the enemies of a company attempt to weaken investors' connections to their admired management. Psychologically, this disruption tends to temporarily short-circuit our self-assurance, leading to a drop in self-esteem and vitality--and thus our investment staying power. For it is our imagined (or real) connection with a competent management that safeguards against mistrust and second-guessing ourselves.

Contagious Emotions

It is a fact of life that emotions can be contagious. Whenever our sense of self weakens, a psychological regression takes place in which cognitive functioning no longer remains at a logical rational, level. In other words, rather than maintaining our usual cognitive sophistication when making reasoned judgements, we begin to associate words and concepts with their emotional connotations. For example, the word red no longer denotes a color along a spectrum; it connotes danger. When the media wittingly or unwittingly relies on short sellers for their headlines "du jour" (those sound-bytes that sell newspapers or attract viewers) the media choose emotionally laden topics designed to appeal to investor emotion, usually suspicion and paranoia. For example, if a struggling company resorts to a Reg.-S stock offering, company detractors can point to the numerous underhanded stock deals that have occurred in what is actuality a legal and legitimate mode of financing. Such comments rarely include an analysis of the specific deal under discussion to determine its merits, or the fact that the financing may have been, for example, obtained at market rates rather than at the usual discount. The seeming intent of such inflammatory language is to evoke in investors an internal response, which has some affinity to the author's pejorative analogy by relying on the fact that emotions are contagious. Such subtly biased (positive or negative) writing has been referred to in the literature as "journalism of illusion," and more recently by Robert Samuelson as "junk journalism."

The World as Attacker

Whenever we feel threatened by anxiety, misunderstanding, or blatant attacks on our judgements, capacities or character, we become emotionally vulnerable. At his point our sensitivities become heightened. Sights, sounds, smells, off hand comments, or rumors that are typically ignored become very disturbing to us. Such vulnerability includes a readiness to experience the world as an attacker because the stimuli to which we have become so sensitive become organized in a paranoid way in order to be mastered. This is the reason why those who use emotionally manipulative devices can so easily disrupt financing arrangements. The investment bankers who are potentially open to funding development stage companies become just as caught up in the generated paranoia as the average investor. Furthermore, these investment bankers succumb to herd mentality, saying to themselves, if Merrill Lynch or Smith Barney hasn't jumped to secure the company's business, why should we?

The Negative Use of the Obvious

Many concepts in the investment world are taken for granted, but these notions are easily manipulated to appear anomalous. For example, a common ploy when discussing development stage companies is to point out that the company has never reported any meaningful sales or earnings. One could argue that such comments either reflects very little experience investing in development stage companies, or that someone is attempting to turn the obvious into frightening revelations. It contributes to the na‹ve impression that one should not invest in companies, which have shown no profits. But the negative use of the obvious creates a psychological feeling of estrangement in us--e.g. how could I be so stupid as to invest in a company with no earnings or revenues"? The distortion of common sense facts fosters a sense of enfeeblement in one's sense of self, as we feel exposed to such an "obvious" mistake.

The Illusion of Objectivity

Those attempting to manipulate investor emotion set themselves up to become the admired, omnipotent, and reliable purveyor of objective information to others. Playing on the notion that companies sometimes exaggerate the benefits of their products or services, these individuals display an unshakable self-confidence in their statements and express their "knowledge" with absolute certainty. Usually they'll back it up by erroneous or out of context statements from ostensibly reputable studies which are not made available to investors. These characteristics are especially designed to sway those of us whose self-esteem has been temporarily damaged during periods of market upheaval. For it is during such periods that we are seeking hard facts and certainty. Much like cult leaders, the "experts" surface at this point to "objectively" point out the moral flaws in other's personalities and behavior.

It is only by recognizing these subtle, manipulative devices that we can avoid acting irrationally -especially in the face of volatile market retreats.



To: Frank_Ching who wrote (8506)6/25/2000 3:08:00 PM
From: StockDung  Read Replies (2) | Respond to of 10354
 
The Ziasun 8 give VKLEPA HERO status;

By: vklepa
Reply To: 23083 by Frank_Ching Sunday, 25 Jun 2000 at 3:30 AM EDT
Post # of 23100


Frank Ching, 10 minutes a day is hardly full time. This stock received much more of my support time. later, when I sold, I was not here for a few months, until a group of pro crooks tried to steal more using the other's company name.
Frank, it would be so easy to sue me, you know, like the other 8 critics. My identity is known and if I am sued my intentions will be out in the open. Do it, stop the agony, just sue me.
I recommend a strong sell of ZSUN

(Voluntary Disclosure: Position- No Position; ST Rating- Strong Sell)





To: Frank_Ching who wrote (8506)7/2/2000 1:04:39 PM
From: StockDung  Respond to of 10354
 
Hear no evil, speak no evil, FEER no evil feer.com