To: Sir Auric Goldfinger who wrote (167 ) 10/23/1998 2:29:00 PM From: MomentumMan Read Replies (2) | Respond to
Goldfinger, your petty insults point to the type of character you have and I refuse to answer in kind because that is not what I am about, however, I will address the point that you obviously missed in my message. I was not hyping this stock, I was explaining a fact. The fact that this stock has gone up 1000% in three weeks. Why? I told you - 1) Potential earnings, 2) Exponential growth, 3) Low float and publicly held stocks which leads to high demand low supply. That is why people are buying. As for the insiders dumping, I highly doubt it 1) They have to file to sell and they possibly are restricted from selling for a period of time (I have to call the company on that DD). 2) If they dumped their stock the price would crash and the price would never recover because of trust, any future earnings would be dashed and the roll out of their business plan in the next few weeks would fail. They would only do this if their only intent is to fleece the stockholder in which case the SEC will intervene. So the bottom line for the investor is if you believe this company is going to take their unique internet idea and capitalize on it or sacrifice future gains by pumping and dumping.
