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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (3058)3/28/1998 2:52:00 PM
From: kennbill  Respond to of 6464
 
did you learn that one in nursery school last week??



To: Gutterball who wrote (3058)3/28/1998 6:23:00 PM
From: Kimberly Lee  Read Replies (3) | Respond to of 6464
 
It's really hard to find a CEO more self-deluding than Frank LaStella. Once again, the StockDetective comes to the rescue of naive investors, exposing LaStella's willful distortion of the true nature of the Kiplinger presentation.

stockdetective.com

Specific highlight:
B.A.T. International (OTCBB: BAAT) is back in the news, not totally on its own this time, although its self-generated publicity might backfire. B.A.T., the subject of Stock Detective's February 9th Stinky Stock, issued a press release March 27th with the headline: Kiplinger's to Highlight BAT International's Super Car". Well, not exactly, the minute-forty-second spot on the respected personal finance publication's syndicated television show is more of a red flag about penny stocks.

Using BAT as an example, Kiplinger reporter Robert Frick outlined the perils of penny stocks.

"The Internet is great way to hype a stock like this, and then it feeds on itself and becomes feeding frenzy, it's up a buck, then more people go in, and it becomes, you know, an exuberance, it becomes an investment bubble," Frick said on the tape. "Why would you want to invest in a company in which you cannot see the financial statements, you know, that's crazy, that's absolutely crazy."

Producers at the studio where Kiplinger's is produced were surprised that BAT issued a press release without seeing the spot, which is titled "Why Pennies Lose Dollars."