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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (321)2/16/1999 4:22:00 PM
From: myturn  Respond to of 476
 
I am glad I held and didn't sell on the dip! It will be interesting to see where the shorts willl come in tomorrow.

On my etrade account it was saying that securities of this particular stock are hard to borrow against if one were to short it.

It popped up half way through they day.

I see the shorts coming in strong tomorrow.

JMO



To: Joe Copia who wrote (321)2/17/1999 12:58:00 AM
From: KS  Read Replies (1) | Respond to of 476
 
Joe,

You wrote "I bet CNBC will apologize tomorrow."

Dec 2, CNBC's Cramer did the same to WavePhore (WAVO) by calling it "fraud-u-net" while interviewing the CEO! The stock fell from $15.50 to 9.00 and has never recovered. Cramer admitted calling his broker to "see if 25,000 shares could be shorted"...of course he says he didn't short it, but he (Cramer) was suspended while CNBC investigated shareholder complaints. (Many of us emailed CNBC) But there was NEVER an apology!

I don't own GBFE, but was sick when I heard the comments made on CNBC. I agree, these guys have a lot of followers, and therefore, a lot of power. People tend to take their word as absolute truth without doing their own DD. CNNfn seems much more responsible and appear to report the news without all the personal opinions thrown in, but most investors and traders seem to follow CNBC.

Good luck to you and all GBFE investors. I'll be watching and hoping for the best for you. And I do hope CNBC retracts all false statements, but don't bet on it.

KS