The Mudcat Café TM
Thread #26794   Message #325498
Posted By: Whistle Stop
23-Oct-00 - 03:28 PM
Thread Name: Does the guitar make the difference?
Subject: RE: Does the guitar make the difference?
Point well taken, Ted. I don't know if it's paranoia or not, but I'm sure some of that "ghost endorsement" stuff goes on. In fact, last night 60 Minutes featured a 16-year-old kid who made a killing (around $800,000) buying penny stocks and then signing onto various investment chat rooms under a number of assumed names and talking about how this company or that was about to be the next big thing. apparently it caused enough people to buy the stocks he was talking about, so he would turn a quick profit and then dump the stock before the price came back to earth. The SEC got after him, and eventually settled for a payback of around $250,000 -- leaving the kid with a half million free and clear. Kid bought his folks a Mercedes, and he isn't even old enough to get his driver's license yet.

So... has Larrivee gone public yet?