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From: | "nick" <acummin@es.co.nz> |
Date: | Wed, 17 May 2000 17:56:58 +1200 |
Something fishy about this stock
-:)
For the last
year or so contributors to this forum
have been infatuated with aquaria 21and this
infatuation shows
no sign of ending. Today people are asking if
its a good time to buy,
are they mad? or is it some kind of conspiracy to
hoodwink the
innocent?
If an aliens
only contact with earth was this share forum he/it
woulld imagine aquaria 21 was the worlds leading
company, and that
the only bubbles on earth were those emanating from
the gills of fish.
In
all seriousness i suspect there has been a fair amount of
ramping taking place with this stock. I have
several times in the last
year noticed a proliferation of posts urging
people to buy this stock
for various reasons, usually the effect has been a
short term rise as
the gullible bought into the idea, only to see the
price drop a few
days later as the perpetrators of the ramping took
their profits.
It dosent take
much, especially with the small capitalisation of
stocks in nz to influence the price with a few well
placed posts., i just
urge people not to be taken in by this type of
hype, its very prevalent and
profitable for those involved but for those taking
the bait it is usually a
recipe for disaster.
nick
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