To: loopy who wrote (2881 ) 5/30/1999 1:35:00 PM From: Little Engine Read Replies (2) | Respond to of 4824
You are correct, I am not here to make money off this stock. Anyone who thinks I could short this stock (It's illegal to do so, and even if it were legal, you don't short 40-cent stocks) is a raving idiot. I am being constructive. A heck of a lot more constructive than publishing minute by minute penny price changes on the stock, or printing vague cheerleading posts like "I think this stock is going to take off and we will all be millionaires!" The only person who has made millions off this stock is Joe Naughton. Think about it. Certainly more constructive than someone posting descriptions of the inside of JNNE offices (CSage) without ever going there. I don't consider asking Joe Naughton what he has done with the millions of dollars he has done with stock proceeds to be "destructive" - it's just good business sense. What do they have so far to show for these millions of dollars? One working kiosk? Do they cost $1 million apiece these days? You normally wouldn't think of loaning a stranger hundreds or thousands of dollars without knowing what their financial situation was... unless it's a BB stock with a PR guy, of course. What's their fear of releasing financials? A year and a half ago, they said they were about to do it, but since then they have hemmed and hawed. What is going to be in there that is so scary? The "great bunch of people" argument is usually trotted out before the "even though the stock has really tanked, we still have our health" argument... followed by the "how could they have lied to us like that" argument... three of the later stages of penny stock ownership. No, I don't enjoy the "controversy," but I enjoy discussing stocks. Steve posts "if JNNE's price really slides" to prepare you for the inevitable... there's no such thing as a long-term penny stock investment. You can see where this argument is going in a few weeks. Get in line to blame "the bashers," market makers, anyone but the guys who ripped you off or hyped a worthless stock. It's already over fifty percent off the high, and really doesn't show any indication of heading back up.