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Strategies & Market Trends : Mick Orgas looks into his Crystal Ball.... -- Ignore unavailable to you. Want to Upgrade?


To: Zakattack who wrote (302)3/26/1998 1:27:00 PM
From: Catfish  Read Replies (1) | Respond to of 461
 
This was posted up on BBNS today:

Subj: Fwd: BBNS ALERT ** HFCI "BBNS ALERT Concerns"
Date: 98-03-26 06:32:22 EST
From: bbns@zebra.net (BBNS One of the Best)

Date: Wed, 25 Mar 1998 16:42:25 -0700
To: bbns@zebra.net
Subject: BBNS ALERT ** HFCI "BBNS ALERT Concerns"
Encoding: 14 Text

Kerry -- For the record (and you may pass this along if you wish)
-- when I see a reference to a good solid company's stock being
knocked down to .02 or whatever by those proverbial evil shorting
MMs, I laugh derisively and hit the "delete" button. The most
ridiculous development of 1996 in the microcap sector, IMO, was
the invention of the concept of the penny-stock short squeeze as
a device to help hype worthless* stocks. It's been mostly
discredited (see the chart histories of OVIS/RMIL, VTPI, CSMA,
BANY, EUTO, etc.) but I guess there are still some naive people
out there who accept this stuff as fact. Hell, I guess some
people still believe Clinton was set up, too <g>.

*BTW I'm not saying HFCI is worthless. I AM saying that, IMO,
the "shorting MM" fiction should be retired already.

Bacon Butt News Service (BBNS)
BBNS@ZEBRA.NET

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