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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: ztect who wrote (3365)12/19/1998 3:43:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 90042
 
ztect,

i know at this point i have NO interest in buying any BB stocks and i doubt any of the people on my thread want to either....too much risk and i'm sure you all ready know that.

btw- good luck with your pnlk.

tim



To: ztect who wrote (3365)12/19/1998 5:21:00 PM
From: Paul A  Read Replies (1) | Respond to of 90042
 
not to jump on the 'bash the bb stock train' but lets face it.. alot of us lost a TON of money between the market makers on these stocks, the hypsters here on s/i and other pump/dump sites, and the 90% failure rate of these stocks.

Im now a full time trader because of bb stocks. I was scammed first by a full service broker who took about 100k of my life savings.. when I got the brains to get away from him, I was welcomed onto S/I by a bb stock called GIFS which was just such a great company.. Boom, that was about the last of my money gone in 3 months and I had to start from scratch again. Yes my own fault, but a simple message like the one im typing here could have prompted more due dili on my part...

I will always go far out of my way to try and warn people to avoid these companies.. The lure of such copius amounts of shares.. huge profits.. hell- buy 50 shares of CMGI after a small correction and youll probably far exceed anything possible with a bb stock.

The one thing that bothers the hell out of me to this day is I see about 10 of the names involved in bulletin board stock scams still to this very day being followed religiously on s/i. Most are short sellers now and quite aggressive like a pack of dogs.. They have gotten wiser as well and continue to prey on newbies.. they are also alot wealtheir then myself as well which adds to the kick in the ass...

Again, I dont mean to hurt your efforts to promote what could be a viable investment but like I said, I take all opportunities to add my .02

good luck to you..