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Strategies & Market Trends : Pump Dumpster -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (18)5/13/2006 8:12:03 AM
From: rrufff  Read Replies (1) | Respond to of 120
 
Thanks again oldno for doing this board.

Maybe in the header, you could include the names that we come up - those who tend to repeat dilution, dumping and reverse splits.

I'm thinking that symbols aren't that useful as what typically happens is that they change the symbol after a r/s. The symbols are useful when we see massive dilution and dumping and BEFORE the r/s. After the r/s, then knowing the names of the promoters and CEO's that scam us is important for the future.

What is particularly repugnant and it happens often is companies that say they are not r/s and even buying back shares, and then they massively dilute or r/s or both. I believe that this action is manipulation as defined under the SEC acts and regs such as Reg section 10b-5.

I urge others to report this type of activity to the SEC, contact TV and media in the area where these companies are located, and politicians. It's time to get pro-active and expose these bastards. It's stealing and lying and this is what the SEC and our politicians are supposed to protect against.

What makes it worse is that there ARE some good companies out there, companies that listen when you call them. I often speak to CEO's to educate them on the value of fostering a strong shareholder base. However, this is a 2 way street where the company learns the value of being "shareholder friendly."

The problem is that when people get burnt by a P&D, they tend to avoid all microcaps and listen to the bashers that proclaim that "all microcaps and penny stocks are scams." The latter is just not true and almost as much of a manipulation as the P&Ders.