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Gold/Mining/Energy : Valu-Net Corp (VNE on ASE - was Faymar) -- Ignore unavailable to you. Want to Upgrade?


To: David in Ontario who wrote (749)2/20/1999 6:22:00 PM
From: Jenny Pillen  Read Replies (1) | Respond to of 974
 
To David:

I've been in this type of situation before and still hold wallpaper to this day.When a company keeps talking good things ahead and share price goes the other way the telltale signs are obvious.Pump and dump promotion.After its big rise to over $3.00 (where I was a sucker of circumstance) and its big fall thereafter there should have been some measure of recovery and support at a much higher price if there was any validity to what the company is saying.I see no support in the stock and it looks like it will drop further.Who keeps dumping and where are all those shares coming from?I think insiders are still unloading gobs of stock.