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To: Dale Baker who wrote (483)2/12/1998 6:00:00 PM
From: Alan MarkoffRead Replies (1) | Respond to of 118717
 
Dale;

I hope I am not one of those pros since I am still holding all my shares. You are the one that has been throwing out figures without any fact's(current). I notice you trade on the big boards and I as well I think we can both agree there is allot of scam Companies in the BB arena. The BB's are filled with allot of manipulation by MM'S as well as many Companies that are not very truthful and up front I can understand were you are coming from. I will give you an example there was hardly 10,000 shares traded on MEME and the MM's ran the price up to 2.50 on the ask to rip off some investors (people who didn't know what they were doing) only to dive it back down to a dollar just as fast during that fiasco only about 500 shares was purchased by the MM'S I think it would be hard for me to sell any part of my 17,000 shares in that situation and come out and make a killing while some got a ripping from there (MM'S) going to the moon tactic. The same day the MM'S dropped the bid down to .25! with the ask at 1.125 and it stayed there most of the day. So who is ripping who here, and who really has the control. The Company was called 5 times for shares that day by a MM.

We need stiffer rules for BB stocks in there reporting as well as stiff penalties for MM'S who are milking unsuspecting novice investors.

As far as MEME my advice to you is to call the Company before passing judgement and I have stated that to all that have read the thread that I started. Also if someone doesn't know what they are doing they shouldn't be investing in the stock market on there own in the first place let alone the BB arena.

This is not in anyway a flame to you I have read some of your post's and find them informative, I just feel the attack that you made on a Company I invested in was unwarranted. I did start the thread when the stock was .20 per share on the ask side.