Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW? -- Ignore unavailable to you. Want to Upgrade?

To: TOPFUEL who wrote (349)	7/26/1998 1:25:00 PM
From: Lane Hall-Witt	Read Replies (1) \| Respond to of 1574

C'mon, fellas-- There are good reasons of principle and pragmatism not to start talking down CMND. Principle: there are doubtless good people over there who have put their hard-earned money into CMND, just as we've done here at TSIG. It's just not right to put their money in jeopardy as part of a vendetta. Pragmatism: we'll invite ongoing escalation of the bashing against TSIG, which won't be any good for our investment, either. I much prefer open, reasoned engagement with the questions that arise. Yes, the bashers unfortunately post so much unsupported innuendo that reason gets lost and can come to seem ineffective, even irrelevant. I don't think bash-for-bash is good for anyone long-term, though. Some wonder why the micro-caps and small-caps are getting killed, while the large-cap indexes go through the roof? But ask yourself: how many people would commit their money to an investing environment with the massive disinformation, mistrust, and manipulation we see with these small issues? Not many. Even TMex and a lot of others on SI are writing off the pennies because of all the bullshit. This is going to kill the whole penny market over time, which will be a terrible loss for some good companies and many investors who are willing to take risks to seek out those companies and put money into them. Sorry to soapbox this -- certainly not aimed specifically at TOPFUEL and Dixie, whose efforts here have been instrumental in calling bullshit on the unrelenting bashers. I'm just deeply concerned about the bitterness and bad faith that defines the investing environment for small issues, including TSIG. It's getting harder and harder for reasonable investors to justify these risks because the manipulations are so unpredictable. The decline of the penny market is going to hurt a lot of people, not least the short bashers and MM manipulators who depend on this market for their livelihoods. If it dries up, there won't be anything left for longs or shorts. Successful investing to all!