How to Manipulate a Stock Price, A guide for Journalists.
1. Create a website where news and opinions are mixed so often the reader can not tell when it sees real news vs. the opinions of Reporters.
2. Try to get affiliated with a news source where people expect journalist integrity, this brand faith will be useful.
3. Allow your reporters to hold positions in stocks which they are assigned to.
4. Create rules of ethics you report to readers that are being followed, then work around them. For example hold a position in one company but not in a second company with all the same players involved. If you are lucky the two will have the same name.
5. Create a special paid report that tells investors they will get inside information, before the masses.
6. Introduce yourself to the CEO or Chairman of the company. Go to his private residence, take flights with the CEO, and ask for and received material non public information prior to its release to share holders.
7. Put out price targets in your Paid Publication about this stock, then say you believe the price will go up when the News of X is released. (News of X was already disclosed to you in step 5)
8. Write up a news story that tells about the News you expect to come out. Key point, remember your excitement about whatever news will only help the shares of the company stock which you already own. Blue Sky for the company means Sky High for your trading account….keep focused, stay excited.
9. Remember if you get information from company officials while in private, be sure to ask the Investor relations person just before you go to press, this will allow the company structure to create plausible deniability to dissemination of inside information. A good rule of thumb is one week between insider information from the Chairman or CEO before you call up the IR rep. It the Investor Relations persons job to deny all claims and log your call.
10. Submit the news story to your editor. While your Editor is in process of approving the “News” story, telephone your friends to tell them the story is about to come out.
11. Assure your friends that his is not insider information because it may not still be true.
12. Assure readers that the story came from sources; remember that as a journalist you can protect your sources, especially if those sources are company insiders.
13. In your news story promote that more information will be available to readers if they pay for the PRIVATE report.
14. Lock up the information loop; tell you subscribers to not read other sources of information.
15. After the stock is manipulated begin preparing the readers for negative price action. Start talking about profit taking. Start talking about selling portions of your shares.
16. Remember “sources close to the company” means just what it says, sources close to the company whom are not part of the company but have inside information that is concerning the company that is non public, since these are protected by journalists sources laws, these persons disclosing inside information about stocks will be more than regulators will want to tangle with. IE Relax, everyone is doing it.
17. Trading on inside information is okay if the inside information is told from the company to another party, then told to you the reporter, then when you report the inside information to your readers its Public. (okay so its not legal to profit from inside information like this, but hey inside information is so confusing, you were certainly plausibly deniably confused) The regulators never anticipated this. Remember if the stock is getting too hot too fast, take the extra step of releasing a News story from the news arm of the website, be sure its picked up and sent out on the wires, this will create the impression that you were being a reporter. If you give the story out to your Paid stock letter first, it might raise more red flags.
18. Stay on your feet, mix up the reporting of news, the opinions, and the paid letter, have each reference each other. Blend the lines. Is it a PR, is a rewrite of PR, is your opinion, do you hold the stock? Make them not care.
Executive Summary:
The keys to manipulation are a blending of the line between journalist and paid stock promoter report writer. By maintaining both roles you will be able to wipe out the line between news and opinions. Developing private relationships with the directors of the company will give you a flow of information which will only be positive in tone to the stocks you own for your family. Remember being a journalist does not expose you to most of the rules of the SEC which are geared up to combat corrupt actions by Analysts, NOT REPORTERS. Enjoy this regulatory gap, it will make you stealth. And remember journalists are underpaid; you deserve to make money inside information, and is it really inside information if you create it yourself?
Journalists remember Perception is Realty, now go out there and create some. |
