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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?

To: PHG who wrote (676)	6/12/1998 12:20:00 AM
From: Barry Brugman	Respond to of 3383

Phil, " I almost feel their selling something?" That's my feeling also. I wouldn't buy anything from any of them. How about this scenario? They prop up this suspicious looking stock, carry on a soap opera dialog online, and get a bunch of suckers to sell it short, figuring it is an obvious scam. Then they run the price up, pull all the float out of the market (because practically all the stock is theirs anyway), and the resulting squeeze gets all the suckers who jumped in on the short side? Could that work? ( To cap it off, the run-up that squeezed the sucker shorts would also attract some sucker buyers, and then they could leave them holding the bag.) I don't see why not. I'd rather buy this dog than short it, and I'd rather swallow nails than buy it. We'll see how it plays out publicly, but we'll probably never really know who lost their shirts on it. (Could you really ever buy that the "david travis" posting here owned a brokerage firm? I'm sorry, but I just couldn't buy it.) Ever Skeptical, Barry