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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (2381)	4/15/1999 10:18:00 PM
From: Marc Stager	Read Replies (1) \| Respond to of 3584

Back at ya, KZAP; You writed: I don't think SI holds a "majority of the float". Given that the float is 5,700,000 shares, and that an informal share count of SI posters came up with something like 5,000,000 shares, I think it's safe to say that the posters here do indeed hold a majority of the float, Of course, that number could be way off now, but there is still a very strong representation on this thread. Most of the people on SI want instant gratification. and if they don't get it they can complain with little to worry about. True. Penny stocks are considerably more volatile than blue chips and most penny stock owners are traders rather than investors and want to see quick gains, then dump. On the other hand, there are a few good penny stocks with long term growth potential. Still, noone wants to see them sagging in limbo for an extended period of time. We hear so much BS from day to day, we don't want to believe anyone. How many do you really believe on SI? I believe what I can verify. Otherwise it's an opinion and may or may not concur with mine. It's the best site that I know of on the internet, however we still don't know who's giving us another "line of bull" from one post to the next. True enough, but over time you tend to find some people a little more reliable and honest than others. The simplest poster to the most eloquent, still anyone of them could line their pockets from our gullibility. Boy, did I learn a lesson. Remember that parody news release I posted on April Fools Day? As ridiculous as it was, and even with a line at the bottom clearly labeling it as a fake, it got copied to Yahoo and Raging Bull as the real thing and many people actually believed it. I was amazed. I guess I'd trust an IR firm about as much on the average as I do most posters on SI. Wouldn't you say? I would hope, being licensed and regulated, and having to divulge their compensation from the companies they represent, IR firms would have a little more credibility than the average Internet hypester. We are, for the most part, nameless, faceless words of opinions floating around in cyberspace. Wow, that was really poetic! --_-~-_-~-.__ .. ---__ M arc S ta g er _-~-