Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: scion who wrote (104592)	7/30/2008 8:41:05 PM
From: Jeffrey S. Mitchell	Read Replies (1) of 122087

A Short History of "Short and Distort" Note to Chairman Cox: No one in their right mind would distort first and short later, hence the proper term should be "short and distort" not vice versa. The term was coined by the late Gary Swancy aka "Ga Bard" here on SI. Here is his post unveiling it on 8/16/99 entitled "PUMP & DUMP vs SHORT & DISTORT": Message 10970340 Gary was comparing two companies, Midland (MIDL, for which he had once been paid to do IR), and Orex Gold (ORXX, where he was long). For reasons I can't really explain, Gary was convinced a guy on that thread was a market maker shorting ORXX. Not true. He was just there to point out all the red flags. Sure enough, the prime manipulator of ORXX, John Surgent, was sentenced to 14 years in prison for cheating investors out of $46M ( see: Message 22447119 ). Gary eventually came around to his senses and he and that red flag guy became pretty good friends. And who was that other guy? Me! In the words of Steve Harvey... and now you know the rest of the story. :) - Jeff

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