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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Cary C who wrote (5887)6/13/1998 2:14:00 PM
From: Dave Gore  Respond to of 29382
 
Ooh,,,ouch! To be honest, once this pick was released like it was, (i.e all at once....BAM! on a thread, with a big build-up).......we were set for a "pump and dump", which happened.

My advertising of this was attempted damage control, as I tried to tell the poster of the pick that his method would hurt more than help, at lest if he wanted to realize the true long term value of the stock.

I did not want people to think this was just a crappy P&D stock that had no merits like the typical Pump and Dump stock.

You see, so many times when TMEX or anyone has hyped a stock, it has been ONLY because it has a low float..."c'mon eveybody, we can move this thing...let's buy.....only 500K float", etc.

Then people foolishly pile on at high levels and get burned and hate the stock forever!

I did not want people to think this was THAT kind of stock.

All the "damage" control made a lot more work for me,

I wanted to slowly and quietly let our LONG TERM INVESTOR types know about QTNT...give them a chance to do thier own DD..and quietly and slowly move it up, so this would not happen.

Now we start over and I know that while some DT's are still in, there are lots of us long term guys in it now at $1-5/8 - $2-1/4

Hope that answers

TIME WILL TELL 6-12 months from now (not in the next 2-3 wks)....if

QTNT, TGSK, DGIV, TPII, GNII, ALYA, and NUKE and others were good investments