To: Cary C who wrote (11641 ) 12/24/1998 8:56:00 PM From: majormember Read Replies (1) | Respond to of 29382
>Moneymade you are absolutely killing me. ROFLMAO! I hope you continue to do well with the bb's. Do me a favor though, when MPTV with 223.9 million shares outstanding and a float of 176.9 million shares increases 400% all the way up to .0225 (2 1/4 cents for those of you who don't understand decimals), from .0056, don't bother posting"exchange2000.com Cary/Thread: A quick word about MoneyMade. He "appeared" trustworthy at first glance (don't they all), which is why I bought some GSIC at .37 cents the day after his 3:45 post. After he came out with MPTV, a very quick BarbaraT posted she had bought this one a while ago and it was a scam stock. That post may have prevented me and a whole lot of others from going in. Unfortunately Barbara, Fred L., myself and some long time members bought GSIC above .38 yesterday, and today (after some DD) sold for .14 cents. He is, IMO, no more then your standard P & D, and I would be very wary of any of his picks (unless you are in with him for a quick mo-mo and don't mind hurting the "greater fool" who buys at the top). He took great satisfaction calling me a chump upon hearing I lost on GSIC. As he then found out, I had been alerting threads where he posts his "picks" that he is a pump and dumper. You all know me, now you know my thoughts on MM. To clarify my position: anyone who DD's a stock and with honest intent, posts the stock even after buying a boatload is NOT a P & D by my standards. Matter's not how stock performs. A pump and dumper is one who does no DD, nor cares to. His/Her ONLY motive is to find a stock he can buy cheap, then by whatever tool(s), tries to motivate people to buy. A 3:45 P.M. "urgent" post is a good foil as it leaves no time to do any DD if you want in. Usually, it begins to gain momentum (esp. if you also have an e-mail list) by the next day. Of course, as others are buying pushing the price up, they are selling into it. At this point of my S.I. career, I do not take P & D lightly. To that end, I have posted warnings about MM, wherever and whenever I see him post, simply **ALERTING people of his P & D proclivities. It would be nice to see everyone who *knows* a P & D artist, post after them. There would be no place on S.I. to hide, and eventually they would leave, or like other P & D's, open their own Web site. Sorry to ramble on......I just feel angry at myself for getting duped and angry that some other people we all know got duped. As this is one of the best threads on S.I., I wanted you to be aware of this polluter who has been posting here. Have a Happy and Healthy Holiday. Perhaps my New Years resolution will be to dump the garbage and keep the threads green and smelling fresh. Regards, Skane