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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Craig K who wrote (1744)5/30/1998 4:46:00 PM
From: Dixie7777  Respond to of 10343
 
Glad to see you're onto Craig as well. It's a shame about his kids though.

Maybe they can get into one of Macker's groups.

Rich



To: Craig K who wrote (1744)5/30/1998 8:07:00 PM
From: Theo  Read Replies (2) | Respond to of 10343
 
Craig,
I think he is a MM plant..

I went back and reviewed his (Lucky's) posts. I havta agree with you. And the more I read what he posted, the more I agree with you. The guy tends to say the same thing over and over again. This quote says it all:

~~"Notice I refer to paper gains as nobody has made anything until they sell and realize the gain.Given the enormous gains made by those in below 50 cents I would recommend those investors sell half their position today to lock in some profit and let the rest ride if they really believe in the long term potential of the stock.This would guarantee a profit on INFE and remove any chance of the would've, could've,should've syndrome hitting you."~~

Notice how he plays on your greed-"nobody has made anything until they sell and realize the gain"

Now plays on those of us who have made substantial profit-"Given the enormous gains made by those in below 50 cents"

Now makes it sound reasonable to sell- "I would recommend those investors sell half their position today to lock in some profit and let the rest ride..."

And now plays on your fear- "This would guarantee a profit on INFE and remove any chance of the would've, could've,should've syndrome hitting you."

The guy is good LOL!! He remarks that he is short at 2 5/8 and then later he is "averaged" UP to 3 1/8. He has to be worried because no matter how confident he is about INFE "dropping" to cover his position, he is still chasing it up!!<g> Of course that is assuming he really is short at his stated positions.

No, I gotta agree with you Craig. Being a "plant" makes much more sense. I think the sudden price rise took the MMs by surprise, and that has them trying anything to gain back control. People have gotten a little smarter over time with the typical naysayers and bashers. Sending in a mellow fellow somehow makes it seem more believable like you said, or so they would try to have us believe.

A pleasant aspect about the weeks activities- the rise in INFE's share price has an additional benefit besides making us shareholders wealthier- The higher INFE's share price climbs, the more money INFE represents. And the more money INFE represents, the easier it becomes to acquire others...sort of a perpetual motion machine- <BG> I can see why the MMs would want to try and stall ...INFE continues to gain steam and it's getting away from 'em!! :-)

Good pick up and call Craig! Monday will be interesting when the price continues upward and Lucky returns...;-)

Theo



To: Craig K who wrote (1744)5/30/1998 8:18:00 PM
From: HRAKA  Read Replies (2) | Respond to of 10343
 
Craig,
Actually, there are lots of shorters that do EXACTLY what Lucky is doing. Just like there are true longs that believe a stock is undervalued and either buys on dips or averages down, there are those
true shorts that believe the stock is too high and it will go down.
What Lucky is doing is the opposite of a long averaging down. The stock goes up, they short again, the stock goes up they short again,
etc..... It costs nothing to short a stock and you can stay short indefinitely (with some exceptions) as long as the non-margin value of
your account is equal to or higher than the value of your short positions on a day to day basis.
Also, Lucky said that INFE was his first "BB" short play so he did not lie in this scenario. I have seen Lucky many times before, he is not an mm plant. He is simply what he states he is. He looks for plays he believes will go down just as you and I look for plays that we believe will go up - and he promotes the stock falling just as we
promote the stock rising.

Sincerely,
Hraka