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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Noneyet who wrote (2187)	9/29/1999 7:51:00 AM
From: lostmymoney	Read Replies (2) of 2891

Read this Thom, FCM? Peters did start a good promotional campaign as stated below eh? The Pump & Dump Scheme Stage 1: The Acquisition of shares. Please note: all sharp price movements, whether up or down, are the result of one or more, usually a group, professionals manipulating the share price. (Loading): In stage I of a Pump & Dump scheme Manipulators after acquiring their shares leak information and pump the stock to get buyers silently. This leads to front loading also. Stage 2: The Promotional Campaign! Note: this is designed to spread a rumor/story and to play on the emotional greed of a pie in the sky find. It begins to spread across the financial world. Joe public rushes in not to miss the next gold rush. (PUMP/Greed) Newsletter writers are hired -- either secretly or not -- to cheerlead a stock. PR firms are hired and let loose upon an unsuspecting public. Contracts to appear on radio talk shows are signed and implemented. An advertising campaign is rolled out (television ads, newspaper ads, card deck mailings, e-mails, etc.). The company signs up to exhibit at "investment conferences" and "shows" (mainly so they can get a little "podium time" to hype their stock and tell you how "their company is really different" and "not a stock promotion.") Funny little "hype" messages are posted on Internet newsgroups. BTW the more, the merrier. 1000% returns are projected. Stage 3: The infamous DUMP! (DUMP) The once low volume that caused a bit of a spike suddenly changes to big volume. The stock manipulators sell out their positions into the new buying brought on by the promotion campaign. Stage 4: The Silence or News Vacuum! (Silence) No more news or insider leaks of information to pump the stock to get buyers. The front loading sells out. The silence plays on the emotional fear of being hoodwinked. Negative opinions begin to spread across the financial world. Joe public sells out to cut their losses. The really slick market manipulators would even seed the Internet news groups or other journalists to plant negative stories about that company. Or start a propaganda campaign of negative rumors on all available communication vessels. Stage 5: The Distortion! (Gone/Waiting/Shorting): Stage 6: The Accumulation! (Gone/Waiting/Buying): If the manipulator sees an opportunity the stock is on the floor and not part of the Short & Distort campaign they will begin buying back and slowly accumulating. As the Shorters were shorting the first manipulator was selling, so now it goes the other way. Buying to put pressure on the shorter to cover. Accumulation by new investors and averaging down of old investors are leads to the pressure on the short.

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