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Non-Tech : LOCK (Saf-T-Lok) -- Ignore unavailable to you. Want to Upgrade?


To: Milk who wrote (420)2/8/1998 1:15:00 PM
From: Les A.  Read Replies (1) | Respond to of 1039
 
Hi Milk,
Sorry, not you personally, only to those (like Quantum) that do it only to hurt a stock (& investors) for their personal $$$gain. We are all in this to make some money and IMO we don't have to hurt business or people to do it. Some people believe everything they read and when they propagate lies and mis-information they are as bad as the ones who start it. If you are making money doing this that's fine, as long as you don't spread their lies.
If you or I told lies to raise the price of a stock we would be in deep trouble. How come they can get away with the opposite? I tried finding out but all I got was the usual bureaucratic run around. When I called Quantum (in the cellar where they work and live) they refused to answer my questions and hung up on me. If there are enough informed investors out there the stock should be able to weather this storm. Good Luck whichever way you go.
Les A



To: Milk who wrote (420)2/8/1998 2:19:00 PM
From: Kimberly Lee  Read Replies (1) | Respond to of 1039
 
If we compare the Quantum Groups' press releases vs Gardner's feeble rebuttal, we can easily discern:

1. Quantum posts very concrete, specific numbers that are indisputable. Massive insider selling, private placements to enrich shameless touts and the powerful threat of Smith and Wessons, the gun safety lock devices of which are 9 to 10 times less expensive than LOCK's.

2. Gardner's rebuttal, on the other hand, never addresses any of those Quantum numbers, and by doing so, quietly admits the correctness of all the figures posted by Quantum. Most everything Gardner says is very vague, general and ambiguous, in an obvious, and perhaps last-ditched, attempt to elude accountability and to temporarily prolong an all too transparent pump and dump ploy during its very sunset.

I traded LOCK several times in the past, including once recently, on the long side with success but never, never imagine anyone would be ignorant enough to see it as an investment grade stock.



To: Milk who wrote (420)2/8/1998 2:43:00 PM
From: Kimberly Lee  Read Replies (2) | Respond to of 1039
 
I read earlier about someone on this board was encouraging others to take possession of their stock certificates. Don't remember his name as I have little tolerance for someone so self-serving. Please read the "false prophets (or shameless touts)" lists complied by Mark Schulz, a highly respected teacher on SI.

exchange2000.com

Paid very closer attention to the following points, especially 3 and 6
:
2.A false prophet frequents only one thread on an investment bulletin board, or may follow a group of stocks from a certain sector...(example, desert dirts on Silicon)
3.A false prophet will sometimes encourage you to take possession of your shares, to stop the Market Maker who is supposedly shorting the stock.
4. A false prophet tries to play the Market Maker as an evil force who wants you to sell your shares to him at a lower price.
5. A False prophet encourages you to hang in there as your losses mount.
6. A False prophet is receiving payment from the gods of the company, or has a large position at a low price in that particular security...

Think about it, really, if someone is so insecure about the company he invests in to the degree that he has to repeatedly urge others to take possession of their stock certs, that person has no business about being in the stock market.