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Pastimes : Thread Morons

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To: Tom C who wrote (2424)7/11/1998 12:09:00 PM
From: John Sladek  Read Replies (1) of 12810
 
Tom,

I have sort of grown accustomed to the morons, scammers and spammers in the SI threads, but from time to time I am startled by something new. I have never seen anything like this! In a nut shell, these guys are using a public forum to coordinate a stock price manipulation scheme. Wow! I always thought that stock price manipulation, was sort of illegal. And to be discussing it in a public place such as SI (which by know we all know is followed by the Wall Street Journal, and likely by the SEC as well as by other regulators and by law enforcement officers) seems to me to be quite moronic!

The other bad thing is the guys who seem to think its some kind of casino, and they are gambling that they will take some $ from a suckers. Then, after it collapses, they sit around complaining that they lost 80% of their investment - turns out that they were the biggest suckers. The chances of winning aren't that great, especially when the guys promoting the whole scheme could be front running the stock and selling into the price rise. It seems to me that this sort of thing might appeal to the sort of people who might otherwise be out playing "chicken" with their automobiles.

Based on the above criteria, I think most of the people on that thread could be nominated as THREAD MORONS.

Good work!

Regards,
John Sladek
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