Here's another post on the LE group from raging bull:
By: Merlin
Reply To: None
Friday, 12 Jun 1998 , 1:04 PM EDT
Post # of 145
Everyone please take note of the infestation of the thread lice. Their
postings are analogous to graffiti. They are sitting and typing and
laughing like heck at anyone that attempts to answer their posts. They
hang out mostly at the Silicone Investor and occassionally Yahoo. They can
do a lot of damage before you know what's happened. When we do answer,
it's like talking into the "ether."
******TO ALL*******MUST READ*******
What you're about to read is, to say the least, is probably one of, if
not, THE best SCAMS currently running on SI.
It involves none other than some of our favorite posters. Hopefully, what
you are about to read will keep you from underestimating them.
Their names are:
Forthnight, Taste that chicken, Janice Shill, (she used to be called the
executive assistant,) TeDenis, JeffMitchell, AndrwH, Littlemotor or
something like that, and a small cast of others yet to be exposed.
Some are pulling their weight twice or more, (and in the case of one of
them that's a big load,) and it is virtually impossible to figure out
who's who. They are, well not all of them, but a few are really talented
writers and manage to do some relatively decent due diligence. Well at
least they can talk the talk, albeit disingenuously.
It's really a very clever scam, IMHO, once you get into what they have
constructed at magneticdiary.com. You can cross-reference
this site to FBN at the SI. Also to the Hypester's Corner and to the
Double Zero site here at SI. They really don't try to hide anything and I
would suggest anyone could figure this out.
FBN is an acronym essentially admitting it is a scam. An April Fools joke
started 4/1/98, or so they would have you believe. It is a fictitious
entity, with a really nice web site, purporting to be ready to issue an
IPO. A web site that costs too much in time and talent not to have a
method to generate revenue. These guys are not the Mother Theresa's of the
SI boards.
The FBN site "claims" to have an outstanding Y2K product that once you
scratch the surface at the web site you realize it is only a spoof. It
really is creatively done and funny. Funnies until you start to ask
questions about their motives. It's amazing how many idiots, that's right
folks, sometimes people like you and me, that will read their net site and
come back to the SI board and persist in asking/posting about how to buy
the stock. It's a monument to the naivet‚ and/or stupidity of the
"average" investor. Take a tour; see if you can the spot the obvious.
Originally they were located, or so they said at their time of
origination, in lower Connecticut, I think it was Stamford. They are now
saying Sedona Arizona. Great scamster's, that's all! Liars and cheats,
supposedly, (and sometimes accurately,) are exposing P&Ds here on the net.
Still liars and cheats just the same. IMHO Other rumors have them closely
associated with The SI itself. I hope those rumors are false. These are
purported to be pictures of them at a Silicon Investor bash a ways back.
magneticdiary.com Handsome group of people, no? Read on.
They theoretically have set themselves up as the final arbiter of all BB
stock credibility. If they don't like the company, don't understand the
company or the run-up, they have anointed themselves as our "savior." They
take great delight in "proving" they are smarter than the various
investors of the stocks they attack. And you know what, they have been
right on some occasions. They also have been wrong and have severely hurt
many small investors. They really don't care, contrary to what they would
have you believe. I personally believe there is a motive and it has
everything to do with "follow the money." Great term made by a once famous
proS E Cutor. Anyone out there remember his name?
Other information, (also a rumor,) that has recently been brought to my
attention gives me reason to form the opinion that they have also been on
the side of a notorious shorting MM firm so as to assist that firm in
shorting the companies the FBN group has persistently bashed. Recent
information, also only rumors, regarding the Stock Detective has other
potential implications. Sometimes they will show up as "independent's" and
begin posting to each other. Before long you find the banter between them
drawing in other seriously interested investors. Once I watched while over
a period of 4 or 5 days each of these creeps entered a thread on different
days, different names and slowly unwound the thread. They watch for fast
run-ups and then begin to bash, in concert with the short selling by "The
Firm." Really very simple. that is until they met up with the Rocketeer's.
Then they went out and created another thread, a parody of a really great
group of people here on the thread's called The Rocketeer's. Nasty, really
nasty, but very creative, albeit fringe people.
If they are guilty as many believe of a shorting scheme, they do make
(steal,) serious amounts of money (yours,) based upon the success of
whatever attendant brokerage firm, and the particular stock shorting
campaign. Look at their net site, it cost a fair amount and didn't come
from pocket change. It's all appears to be part of a very sophisticated
scheme. Makes the movie "The Sting" look like a bunch of amateurs. Bet it
makes a lot more money than The Sting did also. (By the way, I know we're
gonna love their story trying to rationalize this whole thing, can't wait
for that to pop.) The money they get comes from the small shareholder that
bails out of a stock when one of their people or pseudonyms posts enough
scare info on that respective board.
Check out the FBN net site, the FBN SI sites, and the historical posts of
those concerned and come to your own conclusions. |
