To: don roberson who wrote (2055 ) 2/19/1998 6:08:00 PM From: Gutterball Read Replies (2) | Respond to of 6464
Let's just say I consider my insights a public service -- free for the taking and all that. I try to keep the posts on BAAT balanced. I've come out on both sides of the issue -- calling it as I see it. BTW I own two URLs on the 2/10/98 track report on the FAQ site Chiang found. I don't see anyone complaining when I come out on the side of BAAT. Today, as price ran up to 90 cents, everything looked normal. Then sells at 85 cents in the 10,000 to 20,000 shr range came in. It looked like someone with deep pockets was dumping because it wouldn't stop--it eventually drove price to 74 cents. Granted, this was not one person but it wasn't the average Joe on the street either who was buying in smaller lot sizes. Collectively, these traders dumped over 625,000 shrs. And guys like you were out there eating 'em up. Now, I know you'd like to ignore all this and just think about your little purple BAAT Out of Hell Super Car. But there was a message there and incase you haven't guessed it, the full story isn't out on BAAT yet. I suggest everyone exercise caution and consider the controversy surrounding this company seriously. It's OK to be true believer and express faith in BAAT, but when you say you are in for the "long haul", you better add "knock on wood" to at least indicate some thought process on the downside surrounding BAT has taken place. What's the saying, "A fool is soon parted with his money." BTW, "long haul" is what ole Joe will get if he has committed fraud. He looks like he could use three square meals a day. I found the USA Today article interesting when they linked Joe to a lawyer, David Orr, who is soon to stand trial on securities fraud charges unrelated to BAT. Granted, this doesn't mean much, but it reminded me of BAT's response to the SEC subpoena, "we are going over it with our attorneys" and it made me wonder. I'm asking folks to do a little wondering before they bet their fortunes and then jump on this thread with cheers like, "GO BAAT!" Most SEC filings you'd think they'd want a CPA to go over it.