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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: tkb who wrote (3853)3/21/1999 1:26:00 PM
From: Zeus549  Read Replies (1) | Respond to of 4230
 
Tom, don't get me wrong, I do read a bit of what there is on Yahoo, but I take about 95% of it with a very large grain of salt. I do not accept the conclusive proof of a large short, but the scenario you laid out would be a possible one IMO. One investor who had a very large stake in this company and visited the Waco site and personally talked to Colin said the following: Colin is as good as the last person who walked through the door. I found that a very interesting statement for obvious reasons and is one of the reasons I'm still in the stock. It sounds on the face of it, like a very negative statement, but it does go a way in explaining a few things. This person is probably not who you may think BTW--not Flightlessbird and not Pistol Pete. This person had a larger position in this stock than those two put together. If Nutstoo would like to publish all the info he has, then it may become believable, until then it is strictly unsubstantiated hearsay.



To: tkb who wrote (3853)3/21/1999 1:45:00 PM
From: PistolPete  Read Replies (1) | Respond to of 4230
 
DD on Yahoo...

There is apparently a certain amount more DD on Yahoo than there once was, but Yahoo is still primarily a rah-rah thread and always has been. The real "mother board" has always been this one. There always seems to be a politically correct approach taken on Yahoo and I deeply despise movements toward political correctness. You might take a minute to read the speech that Charlton Heston gave on that subject at a Harvard Law School forum: us-webmasters.com I don't happen to agree with Heston on everything, but I agree with everything he said in this speech. Disagreement on the PC concepts at Yahoo will not only get you fragged there; they will actually follow you to other boards to beat you up in unrelated forums.

I think that Zeus did a pretty fair job of stating the pitfalls of BB stocks. JAWS displays every one of the danger signals and always has. I blinded myself to them early on and was as much of a cheerleader as anyone ever was and came away from that with a promise to myself to never get emotional about an investment again. I will never forget how outraged I was after Colin told me in PV that the float would increase by 600 to 700k shares and then the news came out that the O/S had virtually doubled.

That said, I am back in the stock with a much smaller position than before because I think something is about to happen here. I heard the rumor that some kind of internet spinoff is being considered and I have to tell you that the first thing I thought was that an internet spinoff was perhaps the last possible gimmicky stunt that they haven't pulled already. Dividends, Rights Offerings, Coupon "Thing"s with I-net spinoffs...will we get Ginzu knives, too?

Colin may or not have been "raped" by the PPs, but the shareholders certainly were. I suspect he profited handsomely from the play and was showing that he was willing to keep on doing things like that. I take some comfort in the fact that others seem to have a handle on the guy these days. Someone recently asked me if he would survive a vote of the shareholders...interesting question.

Anyhow, it appears to me that whatever "manipulation" we see in this stock over the next few weeks will be in the shareholders' favor for a change. At least that's what I am betting.