January 5, 2005
ANY INVESTOR IS URGED TO DO HIS/HER RESEARCH BEFORE BUYING ANY SECURITY OR HAS TO PAY THE CONSEQUENCES.
I DO NOT SEE HOW THE SEC OR ANYONE CAN BENEFIT FROM BUYING STOCKS BLINDLY.
THEREFORE THE RESTRICTIONS ON INFORMATION OR A QUIET PERIOD BEFORE AN IPO SERVES NOBODY UNLESS THERE IS OBVIOUSLY SOMETHING TO HIDE.
THE MORE INFORMED THE PUBLIC IS, THE BETTER AND MORE FAIRLY THE IPO WILL BE, MEANING IF THE COMPANY IS WORTH BUYING THE PRICE WILL REFLECT THAT AND VICE VERSA.
IN THE PAST INSTITUTIONAL INVESTING HAS DONE A LOT OF PUMP AND DUMP AND LEFT THE IGNORANT TRADER HOLDING AN EMPTY BAG.
I SUPPORT A COMPLETE SECURITIES OFFERING REFORM.
TREVOR BOSWELL