Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PHGI -Perihelion Global, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (458)	1/14/2006 1:08:33 PM
From: rrufff	Read Replies (1) \| Respond to of 827

To simplify and generalize, this is how I look at it. If a company is legit and they want to grow with shareholder support, then management will refrain from dumping and diluting. However, often they are either greedy or advised by promoters to grab what they can get on any kind of a rally. These people are out for whatever they can get and essentially don't care what happens as they get theirs. In this case, you see the pattern of pumpy, but often fluffy, PR's that lead perhaps to a small jump followed by a descent. You can assume that insiders and promoters are selling for whatever they get. I've spoken to CEO's who are naive, who are stupid and those who are downright crooks so generalizations are what they are. Every case is a bit different. There are also CEO's and managements, even of penny and sub-penny stocks who are honest and who believe in their business plan and are willing to wait for the long term return. In that case, their interests are congruent with those of longer term shareholders. I believe this is more important than finding a great splashy product because you know that they are not dumping and diluting. Astrom's companies have a history of diluting and r/s. They grabbed some quick dough but now are finding it harder to move the stock. Why? With all the great sounding news, this stock should have moved higher. The problem is credibility and if someone looks at the history, they will move on to other stocks. As I posted before, time for Astrom to change the history, show that he means business when he says he wants a strong shareholder base, has stopped diluting and is really going to buy back. We'll see the results in the share price. MM games can continue only so long if you have a real product and a business plan.