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To: TraderGreg who wrote (1946)	3/20/1999 6:39:00 AM
From: jan_mike	Read Replies (1) \| Respond to of 3222

Offtopic -except per penny stocks. I was talking yesterday to a north of the border trader. One of my co-consultants from Toronto. This guy has a remarkable trading strategy. He deals with nothing but the most trashy garbage stocks he can find. Almost all Vancouver mining companies. He showed me a list of the 290 he's in now. I think they are all under a nickel. It's peppered with notations like "halted", "in deep doodoo" etc. His rationale is that since these companies clearly aren't real, they can only make money for the owners if the owners create volatility and manipulate it themselves. All he has to do is understand the cycle for each company. He says about 10% go under after he buys them, about one in a zillion actually turn real and keep going after he sells. He has rules of never buying more than a thousand dollars worth of any one and always selling 100% on a 50% rise. Claims an efficiency rating of around 90% on the ones that didn't go under. Also buys puts against overvalued American companies for extra spice. Interesting outlook though. More money riding with people he thinks are crooked manipulators, than buying legit companies.

To: TraderGreg who wrote (1946)	3/20/1999 6:44:00 AM
From: jan_mike	Read Replies (3) \| Respond to of 3222

You aren't a paid representative, so if you make an orders of magnitude error and publish it, it doesn't count. The three cents was published, so it's not subject to manipulation. The other was at best sloppy. Predicting price and volume for two days to 4 weeks? Weird. Why doesn't a stockholder share that email with Mr. Pian verbatim for his consideration? If that's what he's looking for, he should be comforted. If it isn't, he can make adjustments. Mike