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[sharechat] Ramping, picks, freedom of speech


From: "Sam McGregor" <sammac108@hotmail.com>
Date: Sun, 24 Sep 2000 17:52:59 NZST


Dear All

I've been following some of the correspondence on ramping,etc.  I've gotta 
say I admire that kid who made all that money by "talking up" stock prices.  
As for people "ramping" on this newsgroup, I couldn't care less if someone 
is trying to ramp up a share price or not.  Caveat emptor I say.  If you 
haven't done your homework, and rely on the ramblings expressed on this 
show, then you deserve to get your fingers burned.  Ben, I think you do  a 
good job in allowing people to express their opinions, and I hope you don't 
have to censor too many (including this one).

Speaking of "ramping", here are my picks for the medium term (to Xmas - not 
for day traders):

1.  Sell FEG.  SELL, SELL (this is unlike those brokers isn't it?). The 
price will drop over the med. term so TAKE THE PROFIT!  I've been saying 
this for over a month now, and the price has constantly proved me wrong.  
However, never be ashamed of taking a profit, despite the price spiking 
higher.

2.  HOLD WHS.  Keep a close eye on their performance in Australia.  It could 
make or break them.

3.  STAG Genesis.  Again, take the profit, it may be the only one you'll 
make on this company.

4.  BUY TAS.  Farm sales are holding very well.  A tidy profit to be made 
here.

5.  BUY SCL at or below $0.85.  Recent bad press has been made more out of 
petty jealousy rather than any proper in-depth analysis.

Disc. I've just done all of these.  That's either "ramping" or putting my 
money where my mouth is.

Stay lucky people.  I'm going on holiday.

Sam
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