As Web's World Turns

[riverbabe]

?

Interesting piece. We know most if not all. Current tho'.http://seekingalpha.com/article/3190...r-can-of-worms

ROFLMAO!! There are some of us here who originally researched a lot of the older stuff (like the original formation of the company, the constant changes of accountants, and those pesky media credits) and had many discussions on piratetraders.com, Spike's old chat board. I swear to God, this writer has Johnny-boy nailed to the wall, and so does the SEC. We remember it all, Johnny. We lived through it. We even almost went to Niagara Falls, Ont. for that shareholder's meeting. Remember, Billy? Remember, Webs? Ski made a bundle. Webs made more. Lyehopper and I just laughed, along with Art, but we also made a few bucks. Billy, well, ouch. Hags? DMK? Who am I missing? Ah, those were the days! When Johnny-boy was in his manic phases. Should I post that picture of him and his brand new bride in front of the NASDAQ neon sign in NYC? Hilarious! Wonder if he's getting treatment yet? Sad sad sad.

[toxo]

JBII sigh I know..

Interesting piece. We know most if not all. Current tho'.http://seekingalpha.com/article/3190...r-can-of-worms

[skiracer]

I do agree, it can be a dangerous slope. I've been burned going that route, and I've learned from my losses. I won't put any money that I don't feel bad about losing on a "gamble" stock.

I wasnt implying you should or shouldnt only an observation and also from experience on my own part.

[bootsmagee]

Boots,
It's fun to play around and great to make money. The only thing I have to say about the penny stocks and making money on them is that it nutures and breeds a subtle willingness in a traders mindset to begin playing them consistently. What I mean is that when you have a couple of big winners you begin to think that is the way to go and you may find yourself, unintentionally, playing them more often and with greater sums of your capital. I'm not saying anyone here is doing that but that it is human nature to gravitate in that direction once you have a couple of good winners.

I do agree, it can be a dangerous slope. I've been burned going that route, and I've learned from my losses. I won't put any money that I don't feel bad about losing on a "gamble" stock.

[skiracer]

I got into a penny myself just for laughs, PVSP. Bought only $150 at .012, it's .032 for today's high so far. It's fun because I don't care if I lose it all, but the chance of it taking off is exciting.

Boots,
It's fun to play around and great to make money. The only thing I have to say about the penny stocks and making money on them is that it nutures and breeds a subtle willingness in a traders mindset to begin playing them consistently. What I mean is that when you have a couple of big winners you begin to think that is the way to go and you may find yourself, unintentionally, playing them more often and with greater sums of your capital. I'm not saying anyone here is doing that but that it is human nature to gravitate in that direction once you have a couple of good winners.

[bootsmagee]

I got into a penny myself just for laughs, PVSP. Bought only $150 at .012, it's .032 for today's high so far. It's fun because I don't care if I lose it all, but the chance of it taking off is exciting.

[Phoenix7]

Webs

Nothing catching my eye just yet, but I'm always looking. ECEC is a gamble, but you never know when it could take off. I held DYER for 3 years before it exploded. It went from .008 to .25 in about two weeks time. The trick with ECEC is to sell it during any run it might make...These kind of plays almost always drop hard and fast after they make a run.

I'll let you know when something comes up.

WEBS True True I like to grab 30%on the HIGH Risk Stox Get Out and never look Back!

I like your line , " almost always drop hard and fast after a run" .......brings to mind a few ladies I had known back in the past.

[Websman]

Hey Webs happy new year. I'm w/ ya on ECEC. Don't ask why! Following your lead. Anything catching your eye as of late? I'll be looking in on you. Thanks!

Nothing catching my eye just yet, but I'm always looking. ECEC is a gamble, but you never know when it could take off. I held DYER for 3 years before it exploded. It went from .008 to .25 in about two weeks time. The trick with ECEC is to sell it during any run it might make...These kind of plays almost always drop hard and fast after they make a run.

I'll let you know when something comes up.

[toxo]

Next big one

Hey Webs happy new year. I'm w/ ya on ECEC. Don't ask why! Following your lead. Anything catching your eye as of late? I'll be looking in on you. Thanks!

[hags]

This was worth a chuckle. Thanks Pete ...er Phoenix!

Ah, a woman's intuition.....

[Websman]

What amazes me is that somebody is actually buying JBII like it's going out of style...seems odd to me.

[riverbabe]

heh heh heh

Apparently River Babe was never comfortable with the CEO of JBII alias Johnny B This link seems to confirm her suspicions http://www.sec.gov/litigation/litrel...12/lr22220.htm

Hey I have no complaints I did make a few bucks on JBII .
Perhaps I will see Johnny Boy hanging on my post office wall with the rest of the scalawags. Perhaps he can learn a new trade .....making license plates out of recycled plastic!

PS Don't Put The Orange Jump Suit on JB just yet .....BIG JOHN is appealing the SEC ruling, and the stock got a bounce today......had we only known!

This was worth a chuckle. Thanks Pete ...er Phoenix!

[Websman]

The only penny I'm into now is ECEC. This is a pure gamble play. I've been holding 200,000 shares, in hopes of a potential reverse merger...it's basically like playing a slot machine...sometimes you win, but most of the time you lose.
The last play like this that paid off for me was with DYER. I held 65,000 shares for three years before paid off, but when it did, it paid off big. By the time I cashed out my $600 had turned into $18,000.

The key with these play is to never put more than a few hundered dollars into them, because they most likely will never pay off.

[Websman]

Not that I was brave enough to do it, but JBII would have made for a great bounce play today. It would have been easy to pick up a couple thousand shares in the 60's and sell for a double. I did consider it, but I was afraid of that the stock might be halted...it didn't happen, but It could still happen if even more dirt is found on JB.

[Websman]

Apparently River Babe was never comfortable with the CEO of JBII alias Johnny B This link seems to confirm her suspicions http://www.sec.gov/litigation/litrel...12/lr22220.htm

Hey I have no complaints I did make a few bucks on JBII .
Perhaps I will see Johnny Boy hanging on my post office wall with the rest of the scalawags. Perhaps he can learn a new trade .....making license plates out of recycled plastic!

I expect many lawsuits are coming his way. Those who do wrong must pay the price.