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 : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Andrea Lastroni who wrote (4336)	8/19/1998 7:07:00 AM
From: Zeev Hed	Respond to of 4736

Andrea, I doubt that the total capitalization of all stock where stockholders are being "fleeced" like they have been in NAMX and other "scams" or floorless situations reaches even 1% of the market capitalization. Even if the sum of all these capitalization at some time did reach such a percentage, the transfer of wealth from the scammees to the scammers causes a decline of more than 90% of the capitalization and thus a very small percentage of total capital in these equities. The truth is that those operators play on the greed of investors, and investors have themselves to blame for accepting only the hype on these stock rather than listening to reason. On this thread, the messengers of rational approach to valuation of this company where simply shot on site on first sight. Zeev