Raven: I would like to add to your post.
Smacky Joe had the ability of positioning himself between the management of the Co's and the investors on SI. To each "constituency" he leverage his presence with the other "constituency". To both groups he would add that he had deep and powerful connections with brokers and Market makers.
Smacky Joe was a hard working guy He would write tons of posts and PM's. Lots of phone calls. I know of people that used to get four phone calls a day from him to suck up info.
Imagine things from this point of view: You are a CEO of a small Co. you have a great idea/concept. You are low on cash (as we all are, always, LOL!) and here comes this guy. Says he can deliver general investors (get your share moving) and access to institutional markets. You see the stock moving, you notice exited investors at SI. He wants to know a bit about your Co., fair enough, you give it to him. He becomes an ad hoc advisor/consultant to you He is a smart guy, seems to know his stuff Gives you some advice on news releases, he wants to teach you how to talk to the investors properly etc etc etc.
Parallel to this he is working on the thread(s). Positions himself high in the pecking order. Spends lots of time corresponding/talking with some of 2nd and 3rd rank in the thread making them feel a part of "IT", throws a few bones. etc etc etc.
Smacky Joe's problem was M**I, not the other shares. What screwed him was that he was used before he could use them. He was, it seems, outsmarted by them.
So now I hear that he is being trained in "bashers dd" so that these "M**I situations" don't happen again.
If one analyzes his work, for a good period of time, he did a great job . Even when some CEO's already felt that Smacky Joe was trading their share (in an "unbecoming manner") they did not know how to get rid of him since they were unable to gauge the effect of such move on their share price. Among the members of the other constituency (the investors): to this day there are still Smacky Joe believers (although very few).
Smacky Joe is a trader. He wants to trade shares that are not scam's (such as M**I) because he does not need the hassle. He just wants to trade, that's all. To lower his risk he wants YOU to sell, when he buys, and YOU to buy when he sells. Is that so difficult? Can't you get it? Why have you people all of a sudden become so disobedient?LOL
Why do you make him feel bad? Why do you make him the "scapegoat" of all your problems!LOL |
