Georgia Bard's Corner Message Board

STOCKTALK

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Pastimes : Georgia Bard's Corner

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To: Crossy who wrote (2502)	5/24/1998 6:38:00 PM
From: Ga Bard	Read Replies (2) of 9440

Well as the day traders have been getting nailed they are having to resort to better stock manipulating tactics. They are banding together in a joint effort and they will pump and buy themselves till the action of the stocks moves and suckers more people. Now once more people get in the momentum is running they sell out. If they have a 30% gain after averaging up they are happy and the sheep get slaughtered. I have watched the day/momentum traders getting more and more desperate to get sheep. They have to keep averaging up to get people to come in. Simply they have to keep buying and pumping . Buy in the first 30 minutes of trading get the action going and ZOOM the sheep rush in and they sell against the buying. They are making references to big movers they have moved before... I am wondering how long before the SEC starts tagging private investors for pumping and dumping on a massive market manipulation scheme. It is going to happen just wait and see. They are going to have to start doing stop trading on stocks that are being totally pumped by known market manipulators daily. Just a matter of time. (This is getting out of control) Facts are one thing and hype is another. GB

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