The beauty of this scam just hit me. Look at this post from Raging Bull. Tell me this ain't a great F**kin' scam!:
"Shares of IPO's - You will eventually receive shares of IPO's that Shal takes public, but the date of record for SLNN, the May 3 IPO of USLab.com, which was originally called X-Selnet, and the one that follows after that, Tri-Media Net.com will go to shareholders of record from sometime in January of 1999. So I wouldn't look for any shares for buyers of Shal, such as myself, for at least six to nine months."
You tell people they're getting tons more stock in the mail so they wont sell what they got at almost any price. They start counting up all the imaginary prices of the other stocks to come and in their pee brains add all the numbers up and act like their shares of SHAL are worth that much. It's like they are prisoners of their own greed and ineptitude. Meanwhile, the insiders sell like crazy and sock away the cash. These cult members even buy on the way down. Then, they issue a gazillion shares of paper to the sheep and crash the market. Then when it's worthless, they can reverse split everybody out and do it again. It's like they hold a carrot in front of their faces and then walk 'em off a cliff. LOL. |