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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: john who wrote (5223)3/16/1999 6:07:00 AM
From: praguepivo  Respond to of 9115
 
ahoj!!

I think what may have happened is that he ( ? ) made some good picks in the past and realized that he had attracted a large following. There may be two problems....that he is under pressure from his peers to make more money for them and thus is not as conscientious as he was....
or that he knows that his picks will be bought in a big way ( see ORTH volume right after his pick announcement time ) and thus he ( and his buddies ) stock up before he announces and then dump. True, this will ruin his credibility long term but who is say that he cares and who knows how much money he ( and group ) have accumulated....probably ALOT.

If you guys are going to do a debate I would suggest that you do it on SI....that you do it say from 6 - 8 on Saturday ...define the players and stipulate that no one else can post during that time period.

This will a) allow people who are not available to read it afterwards and b) allow people to take their time to peruse the replies on both sides at their will and then form their own opinion.

In reference Rileydog and his CITI post Message 8332903

DM's answer
Message 8332946

Rileydogs next
Message 8333039

looking through his ( DM's ) posts I see no where that he says he actually bought it but I note that on his site it is mentioned no fewer than six times under " Daily Log ( picks included ).and thus I understand his confusion...

I don't really want to sound like I'm giving this kid a hard time but this reply he gave:
<<Sorry about today everyone. I was playing everything really stupid... Everything will be played like it used to be...>>
Message 8329980
...sounds just like a little kid who got caught red handed and is begging for forgiveness. If he wants to be perceived as a responsable person he should behave like one.

I would like to point out that I do not have, never have had and never will have ( unless by coincidence ) a position in any of his picks. I am totally against this type of herd mentality and honestly believe that his picks can hurt the people who were involved in his picks before he became " involved "....as well as possibly the company.

I believe the system of using conspirators to help you promote ( being diplomatic here ) ideas without that relationship being made clear is immoral, unethical and illegal and, as many of you know, is being investigated by the SEC

If I was a cynical person I might even speculate that as he is a minor and thus untouchable by law who's to say that there is not an adult giving him direction?

Just my humblest opinion which is of no value to anyone but me

pivo<g>