To: T A P who wrote (627 ) 4/27/1999 5:07:00 PM From: c.horn Read Replies (1) | Respond to of 758
To All... Here is a message I posted at Raging Bull last week. I've read through all that mess awhile back TAP. It's amazing what people think they can get away with. I don't know, It must be my upbringing, Because reading that makes me ill. To think what levels some will sink to, to hurt fellow human beings. Well here's the message; While I agree it is sometimes humorous to engage in banter with paid bashers like bobcat, you might be giving some less experienced investors the impression that he really does have a legitimate interest in discussing the "merits" of the stock. Logic tells us this is ludicrous. If you are a legitimate investor, ask yourself how much time you yourself spend posting on boards of stocks you do not own. If you do occasionally post on a board of a stock you do not own, isn't it because you are thinking of buying the stock? Do you ever enter posts on a stock you absolutely think stinks and would never buy? The reason bobcat and people like him post here is that they are paid bashers representing the market makers who control large blocs of the stock. When a company like worc comes out displaying a good business plan and capable management, it becomes a target for manipulation, both up and down. When the stock hits a high like this one has in the past couple of months, investors become very happy and think it will go even higher (which, eventually it probably will). But happy investors looking for more upside don't sell their shares. They hold them. Now the market maker has a dilemma. He needs to make money too. The best way for him to make big money is to scare investors into selling their shares at a cheap price. The market maker then accumulates large blocs of shares and reverses the strategy. Now its time to talk up the stock, create a buying panic, and sell the shares at the high end. This goes on over and over. The market makers employ jerks like bobcat, pay them peanuts, and instruct them how to create fear and panic on these message boards. bobcat is probably making a couple hundred bucks a week to sit here day and night with these posts. Big deal. Behind all this market manipulation of penny stocks, we investors need to focus on the fundamentals of the company. The business model, the management, and the financials when posted. View this within the context of the SWIM potential and, so far, WORC looks good. When a company looks good and succeeds in carrying out its plan, then the stock price, overall, continues to climb. But it has to get much stronger over time to drive out these hundred dollar per week bashers like bobcat. This of course is My Opinion..... Good Luck.. C