SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Corner Bay Silver (BAY.T)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (3072)1/19/2002 3:07:48 PM
From: Canuck Dave  Read Replies (3) of 4409
 
pumpous, LOL. Was that deliberate?

That's pretty funny.

Watching GT and Z at work reminds me of a pump and dump, only in reverse. You've probably seen it yourself. Two posters will suddenly appear on some mining stock thread after some inexplicable rise in price. Both will agree that XYZ is the greatest undiscovered little mining stock on the blah, blah, blah.

They will adopt a good cop, bad cop posture. One will flame all bashers and people pointing out that the drill results or company news is meaningless crap. The other poster will adopt a rational response posture, promising big things in the future, and hinting at inside information.

They'll keep at it until the P&D is complete and any rational discussion of the stock has long since ended. I've had it done to me, but I ended up actually making money because my trader's instincts kicked in and I got out just before the end. Lucky.

I've never seen it done in reverse before. Quite bizarre, and I have to think it is strictly accidental. I can't imagine there's enough people on these threads to affect the stock price of a legitimate operation like BAY.

I think I'm seeing patterns that aren't really there.

CD
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext