To: Wayne Rumball who wrote () | 11/15/1999 10:29:00 PM | From: Wayne Rumball | | |
Now just in case anyone is mistaken, I did not lose anything on this stock.
However someone probably lost their house.
This is a classic example of MM BS worthy of the SEC's attention.
EVERYONE, TOMORROW I WILL POST THE SEC COMPLAINT FORM LINK, USE IT |
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To: Wayne Rumball who wrote (10) | 11/15/1999 11:22:00 PM | From: Vision21 | | |
I may lose out on some good plays because I will not use a market order to buy. However, I know that the M M are not going to rip me off. I guess it is like safe sex!!! |
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To: Wayne Rumball who wrote (10) | 11/16/1999 12:19:00 AM | From: Jim Bishop | | |
How'd it start? Appears to have been a rumour of takeover by LGC Wireless started on Yahoo, taken up on RB, then Bobz and SI.
ragingbull.com
Just dicking around with NEIP, may as well post it, in case anyone is interested. NEIP probably a bankrupt printing co. with buildings for sale, and basically a shell now.
RB thread is fun to read, from last Saturday on. This was the first RB post in two months.
ragingbull.com
ragingbull.com
ragingbull.com
History:
biz.yahoo.com
NEI Webworld Inc. 4646 Bronze Way Dallas, TX 75236 Phone:(214) 330-7273 Sector:Services Industry:Printing Services Employees:148 Officers: Barry B. Conrad, Chmn. Richard J. Wiencek, Pres./CEO Andrew P. Swan, COO William K. Daniels, VP/CFO/CAO Charles B. Combs Jr., VP.
Equity: Common Stock $.01 Par, 8/98, 20M auth., 3,719,778 issd. Insiders control 51%. Initial Public Offering: 5/97, 1,000,000 shares @ $5.50 by First London Securities Corp. (As of 3/98) ST debt: $2M @ Prime + 1.25%; LT debt: $3.2M @ Prime + 1.5%, $2.7M @ 8.19%, $119K in capital leases.
Analyst Footnotes: 10/98, Company delisted from NASDAQ to Pink Sheets. Shares outstanding prior to IPO are pro-forma. FY'97 financials are reclassified.
otcbb.com
jefren.com
"An order has been issued granting the application of the Boston Stock Exchange to withdraw from listing and registration NEI Webworld, Inc. Common Stock, $.01 Par Value and Common Stock Purchase Warrants. (Rel. 34=40897)"
marketguide.com
bobz.com
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To: Wayne Rumball who wrote (13) | 11/16/1999 1:03:00 PM | From: RichBear | | |
Try to find this Co. No listing in Dallas? Phone disconnected. And people are still buying. unbelievable!!!JMHO. |
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To: Jim Bishop who wrote (12) | 12/15/1999 7:44:00 PM | From: Arcane Lore | | |
Per KNBC in Los Angeles:
Alleged stock manipulation LOS ANGELES, Dec.15 - Federal charges were filed on Wednesday against two men who allegedly used UCLA computers to post false Internet takeover messages to drive up the value of shares they held from 13 cents to more than $15.
Arash Aziz-Golshani bought 20,000 shares of NEI Web World on Nov. 12, and Hootan Melamed purchased 50,000, according to the complaint.
Over the next two days, the men allegedly used UCLA computers and aliases to post numerous messages on bulletin boards on Yahoo! and Raging Bull, falsely reporting that NEI was being bought by another company.
As a result, federal authorities say, the price of the NEI stock jumped more than 115-fold.
msnbc.com |
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To: Arcane Lore who wrote (16) | 12/16/1999 1:50:00 AM | From: Jim Bishop | | |
And there we have our answer. But the schmucks, that put in market orders, well.......some lessons are only learned, the hard way.
Thanks. |
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