To: Joe Copia who wrote (22942 ) 7/28/2000 10:07:32 PM From: Tom Allinder Read Replies (4) | Respond to of 25711 I enjoy an excellent reputation for being an honest, straightforward poster here on SI and on RB. I have had a measure of success with my own "stock picks". I work very hard to find good opportunities in real companies on the OTCBB... But the time has come to post on this: JOE COPIA... most maligned poster on RB/SI and in the chat rooms... Background: When I first got into the stock market, I traded only listed stocks and NASDAQ stocks... in 1996 I started fooling around with pennies. I found my way to this thread... yes FOUR years ago and was a follower of Joe Copia. I made money on many of his "picks"... then I lost money a couple of times and some people convinced me he was a P & D artist. I believed that all that time until the last few months. I have gotten to know Joe... I met him in person in South FL a few months ago. His reputation is unfounded and rooted in jealousy, resentment, envy and a variety of other emotions people can feel that either lose money or don't make as much money as they thought they could. What does Joe Copia do? He works hard... he does his due diligence on the companies that he ultimately posts on. HE buys a position in the company's stock and posts on it... He posts on the stock and then bids for the stock through a MM. Isn't this stock manipulation? NO. HE IS LEVELING THE PLAYING FIELD. I have been on the phone many times with Joe when he is SUPPORTING THE BID on a stock he owns. Those people who do the same post the same thing... a number of us have the ability to BID for the stock through a MM making a Market in that stock. I myself have opened two more accounts with firms that make markets in OTCBB stocks so I can go in and do battle with the MMs. I can tell you this.... Joe Copia believes strongly in any stock he is posting on. Joe puts his money where his mouth is and goes on the bid and buys the stock those people are selling. If he was not there to support the bid, these stocks would tank on the SHORT pressure the other MMs put on them. Instead of Bashing Joe Copia, people should stand back and look at the performance of the stocks he has posted on and look at the trading logs... They will see a persistent MM who is supporting the stock. Look at FDKP today... it was up in an ugly market thanks to the support that Joe gives the stock through the MM on the bid. IF Joe was running a P&D on these stocks, then why is he on the bid BUYING THE STOCK that people are selling????? Call it whatever you want.... When Joe likes a stock, I am in because I know he is there to protect the stock from tankage... he does his DD. He calls the company and urges them to keep investors informed. Stocks he has posted on have worked out very well for those of us who bought the stock within the first day or two or three of his posting. Now stack up what Joe does to what NITE and HRZG do? I know that when Joe (and it is often days or weeks before the stock moves higher thereby giving everyone a chance to get in before the move occurs) posts on a stock I can buy and hold and it will work out more often than not. On the other hand, many wait until the party is well underway to jump in then complain that Joe Copia is a P & D artist when the stock corrects. The OTCBB is a hard way to make money... the rewards are huge and the loses can be huge... if you let them. Joe Copia is not coming over to your house to strong arm you into buying his stocks. Each person has their own responsibility to buy, not buy or sell a stock they are involved in.