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Strategies & Market Trends : The DD Maven -- Ignore unavailable to you. Want to Upgrade?

To: Carl Brehm who wrote (207)	2/17/2006 8:32:38 AM
From: rrufff	Read Replies (2) \| Respond to of 736

Hi Carl - great post and I agree with just about all you posted except near the end which seems to conflict with your earlier statement that scams are indeed found throughout the market. In fact, in terms of dollar losses, I suspect that losses in Enron, WCOM, the telcos and related were much larger than penny stock losses in terms of actual dollars. There is nothing wrong with your approach. All of us understand the realities. The market is made up of a range of individuals, from "buy and hold" to day traders to outright gamblers, long and short. However, I do believe that each of us can make a difference despite our respective trading styles. Scams affect all of us and create a perception that only moneyed interests can win. Our regulators won't do anything unless we probe and provoke them into doing something. I've been very vocal in outing some of the NSS scams and, from the extent of angst that I've generated from those who are bashers, I think this accomplishes something. Every day, we see this scam getting more and more attention and we see more and more frustration from the nightcrawlers who defend illegal naked shorting. In the same vein, I believe that trying to convince CEO's to be "shareholder friendly," which to me, at a minimum, is being honest and not diluting unreasonably, is not too much to ask. That's not to say that one can't trade some of the crappy companies. Many here swear that TA is the way to go and they just buy when the chart is good, do absolutely no DD, and then they post that the stock is "going to the moon." Despite what some sleasy NASD violators may claim, I've never done that. I've always preached diversification and the use of many trading and investing techniques. I'm not being critical and I recognize that everyone has their own style. Some don't like my posts because they are "verbose" LOL, and prefer to see 10 "to the moon" posts from others. Hey, whatever "floats your boat." Bottom line, what we are saying is not mutually exclusive. You can make money in the penny area, but you can also make a difference, whether that is with favoring companies that are more shareholder friendly or commenting about changes that should be made in market regulation. end of rant - and back to trading LOL - have a good weekend.

To: Carl Brehm who wrote (207)	2/17/2006 9:02:36 AM
From: creede	Read Replies (1) \| Respond to of 736

Carl, I agree with you that money can be made on a P & D. I also don't fault anyone for swooping in silently, and then selling as quick as possible for perhaps a 50 to 100% quick gain. I know plenty of traders right now that have bids in for VWKM @ .0002. Obviously, if they get their fill they will then immediately put in a sell for .0003, or perhaps .0004 if they are really brave. There is still quite a bit of risk in that approach because, as we all know, it could easily drop to .0001 x .0002 on more dilution, or a r/s could be announced....all part of "the game". What I take exception with is those that setup shop as if a given p & D is a "long hold" when they know better. This type of "moronic pumper" is trying to make money off the investor that doesn't know any better. "Personally I could care less where VWKM's millions are going." I don't think you mean this....do you? Can you imagine all the evil that could be done with that money? GB-ND c

To: Carl Brehm who wrote (207)	3/8/2006 5:16:52 PM
From: waitless	Read Replies (3) \| Respond to of 736

Let's redefine the game: reward the good companies and do our best to put the rest out of business and put the perpetrators in prison. That makes a lot of capital available for more real companies. These pump and dump companies seem to be able to suck the capital out of the system for years before they disappear. A real company will generally make or break in a shorter timeframe. There should still be plenty of opportunities for those who don't much care how they get their money as long as they get it. Those folks will just have to take their chances manipulating real companies instead of working established P&D companies.