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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: JACK R. SMITH JR. who wrote (8233)11/5/1998 11:24:00 PM
From: Richard Mazzarella  Respond to of 14226
 
Jack, where is GPGI getting money for operations? It always seems strange that press releases are coupled with very large stock volume that never goes anywhere. I suspect company selling on these releases. Maybe Dennis will post a confirmation or denial?



To: JACK R. SMITH JR. who wrote (8233)11/6/1998 9:19:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 14226
 
Jack, if you bring the SEC in you are asking for trade suspension. Leave it alone, IMHO.

Zeev



To: JACK R. SMITH JR. who wrote (8233)11/6/1998 12:28:00 PM
From: Scott Wheeler  Respond to of 14226
 
Jack, I've been thinking about this medium and its excellent potential
as a channel to gather critical [very critical!] mass to hurl at the regulators and begin demanding new rules and their enforcement. It's one thing for individuals to be shorting securities. IMO, it's quite another for the brokerages themselves to be building henhouses with chicken-parts packaging assembly lines in the back room! I'm told that technically what is being done to these companies by brokerages themselves shorting huge amounts of uncovered
(non-existent) stock is not illegal - even though it's violent and opprobriously disgusting! I think it's time that some of these malodorous conflicts of interest are investigated and put to bed. I think its time to right a wrong, folks. And I'd like to spur some discussion on how to approach this. We already know that rules have been tightened on the big boards recently because of very similar concerns. I think it's the NASD that's the regulatory body - anyone know? Is a letter-writing campaign the right method? This will not come out of some comfortable bureaucrat's boredom - it will come from the roots of grass - we OWNERS of these companies getting butchered. Anyone who reads other threads, particularly BB stocks, knows that there's quite a pool of virulent and flammable sentiments out there on this issue that could ignite easily. If some firebrand happened to strike the match....who knows? molotov Scott