To: Loren S. who wrote (118 ) 3/21/1998 12:30:00 PM From: Alan Markoff Read Replies (2) | Respond to of 9824
Hi Loren; I can relate very well to what you are saying. But really think about it who really are the culprit's here. My biggest problem with BB stock's is the policing of what goes on with regards to shorting stock's or just plain selling shares that do not exist. Who are we really fighting here, and who has been capitalizing on penny stock's for years. When the Internet was not a real means of communication anyone in penny stocks 99% of the time lost a bundle, those lost funds ended up in the pockets of people who I feel should go to jail. MM'S can do whatever they want and if you feel or anyone else feel's they abide by SEC laws they are naive. 90% of the time they can get away with whatever for the mere fact that they are a powerful group of people with abundant funds and influence. When a stock goes way up and then plummet's on low volume we seem to attack each other rather than stepping back and watching the trading and who the real culprit's are. The obvious answer to your question is this and this can be proven very easily and it's as follows; It takes huge volume to move a stock up but in reality a small portion of that volume to send it back down. The problem with the Internet is that it sends out the gold yell and like a pack of wolves many may pounce on a stock with dollar signs in their eye's without once calling the Company or checking thing's out. Then you get the sour puss the stock goes up and falls down, and they lash out at posters here without regards to what the Company may have done or the manipulation by short's. Then you get the other scenario someone sells out and watches the stock continue to rise so he let's his emotions go wild and start's warning people and bashing the stock. The bottom line is this GREED STINKS and that is what society is made out of pure GREED. So one needs to be responsible for their own decisions and go back to fundamentals when investing, do your own research and find the Companies with potential so that you can invest your money wisely based on the current price of the stock is and what you feel a Company is worth. TNRG,ALYA,USBL,MEME I like for one reason they all have low floats. USBL has only 3+ Million total shares and I have held that one for a long term investment. MEME went way up and got battered down for the mere fact that buying stopped coming in, but it comes back to fundamentals and MEME will rise again when all that they have going comes into place and they attain a positive market for their stock. Eutro was a mess but heck 3 cents is not to much to pay for a stock and I was very impressed with their last news release, they are in no way a TNRG but a very possible big gainer being that they are at .03 right now, that one was supposed to have reduced their total shares that's why I was in it, well that didn't occur yet. So call the Company and base your decisions on not what I or anyone else says because I as well as the rest of us can only present the fact's is we know it since we are investors in this arena. SI is for sharing information and if a thread goes sour by making accusations against other people I will be the first one to leave because I am not going to be part of mudslinging that doesn't relate to the topic of what this thread is intended for and that is to share information on TNRG. I like TNRG and I am looking forward for their future press releases. Also Loren my statement's here are not directed at you, just my thought's. Alan