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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Ellen who wrote (11686)11/14/1998 4:31:00 PM
From: tonto  Read Replies (1) | Respond to of 26163
 
Ellen, sorry, you don't get it.

Go back to RMIL and read my posts regarding supporting shareholders. There are many. You chose to follow Jim Jones and it cost you. You never listen.



To: Ellen who wrote (11686)11/14/1998 4:33:00 PM
From: marcos  Read Replies (1) | Respond to of 26163
 
So tonto has demonstrated the capacity to learn from experience - you figure that's bad?!

I've got a pile of old certs here - Continental Potash, Davenport Industries, Crownex International, Dynacore Enterprises, Sileurian Chieftain, etc etc etc ad nauseam - all mistakes, all my mistakes.

But nothing recent, thank the Lord Harry. One lives and learns. At least some 'ones'.



To: Ellen who wrote (11686)11/15/1998 11:41:00 AM
From: Angusb  Respond to of 26163
 
'' Why do you only now think it is wrong or not a good reason to buy a stock if the person buys for the potential of a squeeze?

Why is that not just as valid a reason as any other?''

Ellen, there's nothing wrong with it its just that unless you're one of the insiders doing the manipulating buying for a short squeeze is a losers game. Remember that short squeezes and penny stock hype were practically invented here in Canada (look into the history of some of the VSE promoters) The real short squeezes are short and merciless. They are never broadly advertised in advance.

Let me explain it in simple words. You request your certs and mail them to AZNT for their new No.# and your big 5% stock dividend. Others do likewise resulting in a shortage of paper. Some well placed AZNT insiders engineer a sharp increase in the stock price. Shorts panic and drive up the price to $4/share. You phone AZNT in a panic trying to get your hands on your certs. They say within 30 days 'but don't worry, the price will hold'. Insiders unload their free paper into the spike. The price collapses back to $0.50/share. Your certs arrive in the mail. Financials are published and you find that there are twice as many shares as when you bought. Price goes to $0.10. Insiders buy that red porsche they've always wanted.