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Biotech / Medical : Labwire Inc. -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (419)6/16/2006 7:25:09 PM
From: rrufff  Read Replies (3) | Respond to of 1698
 
I don't know if I have the same email that you have, Peter. The one I saw makes me agree with Creede.

It was a bash within a promotion. It had about 10 lines of bash and warning and a very generic, "this is a great stock we are promoting."

The story apparently was that the company has gotten burned by promoters in the past and decided to limit their promotion as many of us have preached. "Let the results bring in buyers, not promoters, who will dump their shares."

I suspect that whoever is behind the email is someone who is doing a "backhand pump," easily disparaged, as you have done, and intended to put a very bad light on an excellent company, trying very hard to break out of the pinky pack of promote and dump. There are many potential suspects, anywhere from shorts, to MM's to the disgruntled and scorned promoters. My own thoughts would be that the latter may be the culprit. I've seen this type of thing in the past. Another CEO recently told me that he had naively hired a pump website. When he decided to drop them, they stopped their "strong buy" pump and sent out a "sell now" bash email, cleverly disguised as this one was.

A new type of "paid basher?"

Just some thoughts in response to your questions.