🚀 go-pugleaf

MisterMike wrote:
> 
> > Does anybody else suspect this spam is the work of a slimeball hoping to
> > unethically influence the market value of a particular stock for personal
> > gain?  Me too.
> 
> In a word, yes.

You're saying that you think a posting to a handful of newsgroups is
going to affect the value of an IPO that was initially worth
$33,000,000?  TDFX has been trading in fairly high volume - 181,000
shares were traded today, the daily was 300,000-500,000 every day last
week.  The price hasn't fluctuated much since the first day.  How,
exactly, are a handful of newsgroup denizens (primarily game groups,
mind you, and not one finance-related group) going to push the stock
value at all?

I don't know if this fellow's details were accurate, but the WSJ did, in
fact, make an error.  I'm also not entirely sure how unethical it is to
encourage people to invest in a security for personal gain or any other
reason.  People do that all the time.  Companies do it themsleves.  What
is wrong with this person saying, "Buy this security.  Because of x, I
believe it is undervalued and will correct soon."?  You might not, for
whatever reason, want the person as your personal financial advisor, but
I don't see how that makes him or her a 'slimeball'.

Christopher Wilson
wils...@earthlink.net