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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: cAPSLOCK who wrote (2899)	3/10/1998 4:10:00 PM
From: bob	Read Replies (1) \| Respond to of 4736

James, Here is the mail I just got from some jerk on AOL. A cc may have been sent to Hunter. rom: Namx123 <Namx123@aol.com> To: robert.h.johnson.01@snet.net Here it comes again. Subject: Returned mail: User unknown Date: Tue, 10 Mar 1998 15:34:33 -0500 (EST) From: Mail Delivery Subsystem <MAILER-DAEMON@snet.net> To: <Namx123@aol.com> The original message was received at Tue, 10 Mar 1998 15:34:32 -0500 (EST) from imo16.mx.aol.com [198.81.17.38] ----- The following addresses had permanent fatal errors ----- <robert.h.johnson01@snet.net> ----- Transcript of session follows ----- procmail: Unknown user "robert.h.johnson01" 550 <robert.h.johnson01@snet.net>... User unknown -------------------- Final-Recipient: RFC822; <robert.h.johnson01@snet.net> Action: failed Status: 5.1.1 Last-Attempt-Date: Tue, 10 Mar 1998 15:34:33 -0500 (EST) -------------------- Return-Path: <Namx123@aol.com> Received: from imo16.mx.aol.com (imo16.mx.aol.com [198.81.17.38]) by daisy.snet.net (8.8.8/8.8.8/SNET-pop-1.1) with ESMTP id PAA26492 for <robert.h.johnson01@snet.net>; Tue, 10 Mar 1998 15:34:32 -0500 (EST) Received: from Namx123@aol.com by imo16.mx.aol.com (IMOv13.ems) id KSRa009366 for <robert.h.johnson01@snet.net>; Tue, 10 Mar 1998 15:33:13 -0500 (EST) From: Namx123 <Namx123@aol.com> Message-ID: <e0892c15.3505a38c@aol.com> Date: Tue, 10 Mar 1998 15:33:13 EST To: robert.h.johnson01@snet.net Mime-Version: 1.0 Subject: Fwd: Exposed Content-type: multipart/mixed; boundary="part0_889561994_boundary" X-Mailer: AOL 3.0 for Windows 95 sub 58 This is a multi-part message in MIME format. --part0_889561994_boundary Content-ID: <0_889561994@inet_out.mail.aol.com.1> Content-type: text/plain; charset=US-ASCII In a message dated 98-03-09 23:34:23 EST, Namx123 writes: << robert.h.johnson@snet.net >> --part0_889561994_boundary Content-ID: <0_889561994@inet_out.mail.aol.com.2> Content-type: message/rfc822 Content-transfer-encoding: 7bit Content-disposition: inline From: Namx123 <Namx123@aol.com> Return-path: <Namx123@aol.com> To: robert.h.johnson@snet.net Cc: hvann@glasgow_ky.com Subject: Exposed Date: Mon, 9 Mar 1998 23:34:23 EST Organization: AOL (http://www.aol.com) Mime-Version: 1.0 Content-type: text/plain; charset=US-ASCII Content-transfer-encoding: 7bit For you you scumbag, thieves. Subject: Study This Date: Mon, Mar 9, 1998 23:08 EST From: <A HREF="aol://3548:Namx123">Namx123</A> Message-id: <19980310040800.XAA25375@ladder02.news.aol.com> Capital Moe, Aasche, United Pete and the rest exposed: Study this all of you honest people and get the picture and get it straight, the stock bashers work for the bad guys, Ok you scum bags read it and weep. Class Action my Big R___ A____. We should all gang up on the bashers, we should hire the lawyer, file the shareholder suit against the bashers and demand their names and addresses from AOL and where ever else they post. Let's us unite they are stealing our money. Who will be the spark plug for this mission ? Let's rally now. Study what I have posted below, study it. Downloaded from the Silicon Investor on 3-09-98 To: bruce bell (15 ) From: Bob Sturgeon Friday, Aug 22 1997 10:57PM EST Reply # of 30 This article was printed by Copley Pacific on short selling entitled..."Understanding Undeclared Short Selling and How it may be impacting Your Company". Does it sometimes seem that no matter what you do your stock has trouble climbing in price? If this the case, your company's stock may be facing downward pressure as a result of undeclared short selling. Short selling can be divided into two categories, declared and undeclared. Many dynamic growth companies have been damaged by undeclared short selling. Created by market professionals, the practice consists of creating stock that doesn't exist. It isn't borrowed but created and it creates enormous negative pressure on a stock price. The Mechanics of undeclared short selling are as follows: Nonexistent stock is sold short. This nonexistand stock increases a company's float. The nonexistent stock makes it difficult for investors to profit from their risk capital speculations. The short sellers make the profit. The practice hurts the public companies, themselves. It adds massive costs to maintaining a market in a stock and it reduces a company's business options. The basis of declared short selling is borrowed stock. A short seller provides 50% or more of the value of the stock to his or her broker. This is done in a margin account. The margin protects the broker against any increase in the share price. The broker borrows the stock from a depository trust company. he then sells the stock and adds the money to his client's margin account. Later, the client buys stock (covers) to replace this borrowed stock. The difference between the price the client sold the borrowed stock and the price the client paid to replace the borrowed stock (covered) is the profit or loss from the transaction. Most declared short players are institutional money managers and fringe group market profesionals, not small capital public investors who seldom participate. Declared short positions risk being squeezed. If the company can double its share price, the short seller will be forced to increase his margin collateral in order to maintain the short position. At such time, the short seller may elect to buy (cover) the stock instead of adding to his margin. This adds to the upward movement of the share price. Undeclared short sellers don't borrow stock. They don't margin the sale of their short positions. Because they are market insiders they can use various techniques to sell stock that doesn't exist. Is there money to be made by undeclared short sellers? Estimates are that undeclared short sellers make multi-millions of dollars annually. Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and wil cause them to move their undeclared short activities elsewhere. End of article. To: don roberson (2301 ) From: Ravi Ratnam Thursday, Feb 26 1998 10:17PM EST Reply # of 2589 Found an interesting post in Yahoo's PKGP thread. Apparently the going rate paid by MM's to bash stocks they short on message boards is anywhere from $ 2000 to $4000 a month. I wonder how much DAN get's paid? messages.yahoo.com. Subj: MM's and shorted stocks: By: mikegyver12 Date: Feb 26 1998 5:54 P.M PST Reply To: Msg. 1 by YahooFinance MM's and shorted stocks: Market makers (MMs) are dealers who are directly responsible for stock transaction. For example, I sell HNLY, MMs buy, and when you buy HNLY, MMs sells. MMs make the most money from the manipulation of OTC BB stocks, not the spread which has been limited by SEC. Only purpose of MMs is to make money, otherwise they don't want to market this type of stock if they can't make enough money. Basically, MMs want to buy at low and sell at high like us! One of MM tricks is to manipulate shareholders. For example, when they looked XYZ chart, they saw XYZ has never run up more than $0.50 this morning. They believe that they the stock price will be down soon, then they short the stock by selling the stock they don't have, because they have three days to settle(send the stock certificates to transfer agent before Monday for today's selling). However, they found the stock are so tight this afternoon, they can't borrow any more. Then they send one guy (they are hired by market makers, $2,000-4,000/month) or more to here to bash the stock hoping they can hammer down the price. I believe somebody will show up here very soon to bash the company and the stock! If this is not working, more people are buying. They have to cover their positions by buying more stocks back, then the price goes higher.