To: SyndicateOne who wrote (2210 ) 3/8/1999 5:57:00 PM From: Mark Chamberlain Read Replies (1) | Respond to of 2585
Pump and dump, rAcing forum NOT!!! You guys just do not get it, GGNC MR Chu is pumping the stock with news releases then dumping, Here is a reply a poster put on raging bull about the Racing forum with GGNC, GGNC said done deal, here is the reply >>>>>>>>>>>>>>>Reply from Steve Crist on 2/11/99<<<<<<<<<<<<<<<<<<<< This release was, to put it kindly, premature and misleading. No joint venture agreement has been signed. This company has been in contact with us and we may well explore opportunities together but there is no formal arrangement at this time. Steven Crist, Editor & Publisher, DRF So why is SNMM compared to GGNC? It is because GGNC should be a 4.00 or better stock, each time it is up it sells off a week later, it does that because the investors that got in at under 1.00 and Mr Chu have been selling off, if they ever reporot you will see that the shares were sold by insiders. So it is not that GGNC is a scam it is a pump and dump, I doubt that it will see 4.00 for more than a week then back down. SNMM is 6.00, fully reported, GGNC is all smoke, bad info out on web sites, bad info out from Wall Street Research, and yes they could be in deep shit if the stock goes below 2.00 on class actions. That is why I sold and bought other stocks I can feel the CEO is doing his job. The stock hit 2.00 it did bust the 2.50 level, and I can see shareholders under 3.00 dumping any chance they get,and all the hype about bets each month is just that, bets are not income, lets see if CHU can make the 1.15 earnings he has on the web site, since the shares are now at 19 million, and they did take my concerns seriously, they removed young as the auditors , and change the web site to 19 mill shares out instead of the 4 mill,. So see it pays to bitch, now just need a staff to keep Chu in line so he will look after share holders and not just himself, he can start by having the company audited, and fixing all the bad investment information he has out. That is why he is wide open for class action. PUMP AND DUMP