I worked under the proprietary analyst name Skibum, and as I said earlier it was well-known that different analysts worked under that name, just as half a dozen analysts worked under the DT name at Day Traders On-line, as happened at many IA sites, and as happens at investment banks, when those investment banks, say, sign off on a recommendation in the "alias" Goldman Sachs, and not the name of every analyst who contributed to the recommendation (and as we have seen now also not the investment banking arm that pressured their analyst team to issue the rec on the privately-known-to-be "POS" being made.)
My recommendations at TP. Well, Rea has destroyed many of the logs, though the chat stated that they were publicly available. In fact, today I wrote Berber and Moor defense counsel, citing what happened to Andersen for destroying evidence, and warned of a possible motion for sanctions granting default judgment based on this egregious litigation misconduct.
I can tell you that I remember many recommendations I made. One of them was to short all biotechs in March, 2000, before they crashed. Another was to short RMBS when it issued PR that sent the stock rocketing in afterhours trading from 400 to 440. I also called a buy rec on that stock that CNBC said had a 1,000 target (will find the name in due course), it went from 75-120 in about 20 minutes, then I said sell and short, it crashed to 30-40, if memory serves me well.
I also stated here in my own site's name, in many ways risking my and my site's analyst reputation on one call, to sell all long-term NASDAQ holdings on September 21, 2000, at 4,000, before the Naz crashed to 1200. I was widely ridiculed for that recommendation. For example:
Message 14430765
Rec'd via e-mail:
Subject:
Date:
Thu, 21 Sep 2000 17:45:56 -0400
From:
"Olivier Asser" <info@stock-operators.com>
Organization:
Stock Operators.com
To:
<Undisclosed-Recipient:;>
STOCK OPERATORS PROJECTS A 300-500-POINT CRASH IN THE
NASDAQ TOMORROW. CONSIDER SELL ALL LONG-TERM HOLDINGS.
And my personal favorite (LOL):
Message 14431016
That is pure rubbish - who are those guys recommending selling all long positions. They need to get a clue IMHO |
