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 : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?

To: PistolPete who wrote (2953)	9/28/1998 10:24:00 AM
From: robert duke	Respond to of 4230

So how long do you think this investigation will take to figure out? I still think we could see $5 per share by Jan 1 99. When are the next earnings due out?

To: PistolPete who wrote (2953)	9/28/1998 10:33:00 AM
From: Zeus549	Read Replies (1) \| Respond to of 4230

Pistol, I agree with you on the Velmers associated with this business. But at the same time this is also a highly manipulated stock. IMO the MM's do in fact watch what is going on and play off of every nuance. The dollar runup the other day coincided with many who believed that Nutstoo's pulling of certs would start a short squeeze. That along with the Stellar Stock recommendation. They pumped it up on very little volume to begin with. Then with the news about the SEC the other day they had it down about .65 without a single share being traded. Today we see them moving it .10 to .15 cents on just a few thousand shares.On other days, you can see thousands of shares being traded at the bid or the ask and no change or very little change in price. IMO manipulation with a very large capital M.Also IMO we're not going to see a SEC filing any time soon. I don't know what the current excuse is but the excuses are getting weaker as time passes. Although they probably do have quite a mess to straighten out, with trying to reverse the last 504 or 505 issue they did in July.

To: PistolPete who wrote (2953)	9/28/1998 10:01:00 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 4230

<< If the SEC could clear away the Velmers of the market, we'd all be better off. >> PP, Are you implying that SA's buy recommendation at $1.00 hurt the stock? I made a 500% gain in 10 mos on a penny stock once; shortly after I sold, I found out that three weeks after I had bought it, a newsletter rec it, then a month after that, another newsletter also rec it. I guess we have to take the bad with the good. The newsletters are a double-edged sword I will admit. But they are one more avenue for raising awareness of stocks. Victor