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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (733)	6/8/1998 1:37:00 PM
From: Tod C	Read Replies (1) \| Respond to of 3584

Sorry KZAP, PSI has already picked MDMI, so that's not today's pick. The quotes were on the MDMI thread, hence the reply on the MDMI thread. My post and response were only to clarify what I perceive to be personal greed and unethical investing at the expense of others. Twice a week, PSI (and Jonathan Lebed) tout their latest pick through the PSI website and mIRC chats in an attempt to raise investor interest. Then regardless of the fundamentals of the stock, PSI associates will dump their large position they bought before they started touting. And they always attempt to rationalize and justify exiting the stock. How many of their previous picks do they still own? And if they do still own the majority, which I doubt, what percentage of their inital position is it? IMO, PSI will always leave the little guy or the late to the party investor holding the bag. Just be careful out there and understand the motivations of each person that posts here on SI. Are they sincere in their efforts to help all? Tod