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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (34676)11/29/1999 11:36:00 PM
From: Don Kelly  Read Replies (5) of 108040
 
>>>We don't do pump and dump here. If you prefer fiction, try amazon.com.<<<

Do you often take a position in a stock before you publicly announce it? Are you aware that many of your followers blindly mimic your trades? Do you hope that the resulting buying pressure will lead to a rise in price? Aren't you mostly trading momentum stocks that require quick exits? Do you usually exit a position before announcing it?

If you answered yes to those questions, then you are -- by definition -- engaging in at least a benign form of "pumping" and "dumping." The "fiction" would be to kid yourself into sincerely believing that you're not exploiting your popularity for personal gain.
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