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NEIP - A lesson in how to lose a fortune with market order
An SI Board Since November 1999
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20 3 0
Emcee:  Wayne Rumball Type:  Unmoderated
Introduction Compact
15K, 20K today traded at $8

Who's to blame, market maker greed or investor stupidity?

Traded as high as $15+. Was 0.13 Friday.

Last I looked was under $1

Never owned this one before today, called short at $15+ though.

Threw $750 bucks at it just in case the games continue.
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20From today's SEC Digest: THREE SETTLE SEC CHARGES IN NEI WEBWORLD INTERNET Arcane Lore-1/23/2001
19 FYI: A Good Perspective on Bashing by Dan Holtzclaw: Bashers versus the hypsGator-12/18/1999
18 Link to link w. SEC action... Message 12309112ztect-12/16/1999
17 And there we have our answer. But the schmucks, that put in market orders, welJim Bishop-12/16/1999
16 U.S. Charges Three Men With Web Stock Manipulation quote.bloomberg.comArcane Lore-12/15/1999
15 Per KNBC in Los Angeles: <i>Alleged stock manipulation LOS ANGELES, Arcane Lore-12/15/1999
14 Try to find this Co. No listing in Dallas? Phone disconnected. And people arRichBear-11/16/1999
13 Yes it seems the LGC wireless rumor started the whole thing. The whole affair Wayne Rumball-11/16/1999
12 How'd it start? Appears to have been a rumour of takeover by LGC Wireless sJim Bishop-11/15/1999
11 I may lose out on some good plays because I will not use a market order to buy.Vision21-11/15/1999
10 Now just in case anyone is mistaken, I did not lose anything on this stock. HoWayne Rumball-11/15/1999
9 Classic case of MM F&*( festWayne Rumball-11/15/1999
8 You're right I did miss them, sorry. Jim Bishop-11/15/1999
7 You forgot the first 5k at 2.26. Weird S**T going on with this one. and 51% iRichBear-11/15/1999
6 NEIPW what do you make of this? 500 @ $3.01 then 9500 at .062 then 7000 @ .Jim Bishop-11/15/1999
5 Tomorrow I'll post the SEC complaint link. Someone needs to go to jail herWayne Rumball-11/15/1999
4 So lessee The guy that got 20K @ 8 now owns $160K of this shell and can sell fWayne Rumball-11/15/1999
3 NEIP and NEIPW - unbelievable, bizarre, criminal.... Jim Bishop-11/15/1999
2 I saw NEIPW as well Someone deserves to go to jail Wayne Rumball-11/15/1999
1 YES Wayne..Good call on that $15 high point. Wasn't more than 5 mins afterRichBear-11/15/1999
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