To: OtherChap who wrote (2330 ) 3/1/1998 4:45:00 AM From: BlackStar Read Replies (1) | Respond to of 18444
Since you happened to (maybe accidentally) address this to me...Why Matty won't post until after the bell Monday: because he wants to be able to sell his shares before he tells everyone what happened on the trip. Having seen him in action for several months makes me doubt even the possibility of that kind of move. He would have to find a truly great skeleton in NETZs closet to do that. And then to pull a fast one on the rest of us... Naw, I don't see it in his personality. But then again, people have been known to change... Personally I wouldn't dump just because Matty turns against NETZ. It would take more than that. You see, I trust Matty to bring useful information to the table but I don't trust him with my opinion. My opinion is mine alone and its foundation with regards to NETZ is as solid as the current situation allows.there's no chance he's going to give us the full story before the market opens monday! And that other guy who went along with him, who keeps claiming that "nah, i'm not going to say anything until matty posts" is just hilarious. So? Doing it the way they do is the only responsible thing IMO. Also if they got some really juicy piece of info they'd better give NETZ a chance to ok them publishing it. Otherwise a big positive (or negative) could blow up in their face. In my book you always give the intreviewee a chance to comment on the material you intend to publish in a public forum. It is the only responsible thing to do. And also the only way to have your material taken seriously. To Matty & gang: If your material contains potentially explosive stuff in regards to NETZ I implore you to have Tom validate the material you intend to post! I don't care if it takes until wednesday. The only people served by prematurely posting your finds are the daytrading crowd and subsequently the MMs since they make money on the volume that carries.they both know something is up. I would certainly hope so...however, if they were fed a really interesting rumor by folks at NETZ headquarters, that could be turned into another quick $1.40 pump n' dump, then they may be waiting to buy some shares at the low monday before revealing the new rumor. (this however nowhere near as likely as situation #1.) Your inference that our current level is the result of a pump and dump is slightly ridiculous. We are up nearly 400% (or over 300% as you probably would put it) and that is 'fairly' good for a week run. Taking a look at the price action over the last few days it is clear as day that the momentum crowd has played this puppy like a fiddle. They represent the customary 100% overhead that is the max limit for sensible momentum traders. They have unloaded their positions over the weekend because they have little control over what happens during the weekend. NETZ may start out with a violent up or down draft cancelling out their position. One telltale of the daytraders are the totally insane volume we had wednesday. You can even find the features of a head & shoulders pattern during the absolute peak. I'd say that wednesdays action was all daytraders. Understanding that is important. The longs create an effect like the tide, daytraders create waves. The waves can be huge enough if there is a storm but they cannot raise or lower the actual sea level. The tide can do that.in either case, matty isn't going to post a thing until after the market opens monday. I trust him to do the sensible thing. He does not work for us. He doesn't owe us anything. He collected the info. It is his to do with as he pleases. If it gets posted fine, if not that's fine too. That said, I am interested in hearing about their impressions.this smells fishier and fishier. Try taking a shower - it helps.