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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Mary Baker who wrote (1717)	4/19/1999 5:38:00 PM
From: Janice Shell	Respond to of 4128

But don't make Dan Miller the whipping boy and scapegoat for any buying, selling, trading and whining that is going on here. Why not? Dan's set himself up as a Market Guru. Never mind that he's only 15, is scarcely experienced, let alone a professional. Doesn't stop him from writing an email newsletter, starting his own SI "Whiz Kid" (love the modesty!) thread, handing out "recommendations" to the gullible after he himself has already, by his own admission, bought. Me, I'd call that "frontrunning". Oh yeah: and he doesn't know squat about the market or about market mechanics. For weeks he's been talking proudly about being in possession of a copy of ABFG's Form 15c2-11. Only yesterday did we learn--when he complained that the information contained therein wasn't "up-to-date"--that he obviously hadn't a clue what a 15c2-11 is, and what it's used for. In response to one of my posts he indicated that he'd never heard of DTC reports were, and had no idea what they reveal about net short position. And earlier we learned that he didn't really know what the float was, hadn't investigated management, didn't know where the alleged mines were, had, in sum, done no research whatsoever. Yet the kid has Followers, and he encourages them. Sorry, but I think it's evil. Read a post from Sunday at Raving Bull, in which a (presumably adult) woman says that while perhaps Daniel has made a mistake here, she'd trust him "more than any seasoned market analyst". Why? Is she crazy? Jonestown, anyone?