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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?


To: Lost1 who wrote (585)3/31/1999 5:34:00 PM
From: Hamiltonian  Respond to of 1305
 
<<Ham, How can ANYONE be a victim of a P&D scheme? Doesn't anyone do their DD anymore? BUYER BEWARE!!>>

C'mon Lost1 get real...most of the people on these threads are rank amateurs. They dont know how to make use of the info available on the net and in the chat rooms. Neither do many of the pros for that matter. DD for most means listen to the chatter and trade on the emotions they evoke.

This is not meant to put down anyone's modus operandum. Most people have made tons of money doing just this. After all we ARE in a raging bull market.

Nut one way or another we all are affected by what others say or write on these threads otherwise we wouldn't be here.

The problem with Louis Riley was that he issued a Strong Buy rating on KTEL and set a price target of $100. He then went on the KTEL thread and hyped the stock at the same time he was dumping it.

So of course caveat emptor but very few of us really have inside information. We mostly have to depend on published reports to do our DD.