SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : NP Energy Cp New

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: taxgun who wrote (15782)4/18/1999 3:51:00 PM
From: DR. MEADE  Read Replies (3) of 22810
 
From dimgroup.com - Shorts on Message Boards
  " Do you even know how "shorts" work ? They bet that a stock will go
down,just like you bet a stock will go up. Now a year ago when I asked
broker friends of mine if the internet message boards will have any
affect on a stock. They ALL laughed at me and said those idiots having
an affect on a stock !
  Well I asked those same friends this last week, and the answer from
all YES! message boards and "shorts"(some) can manipulate with lies, and
deceit. Let me tell you what I have seen on two different boards .

  One stock was $8 and a "pack" of shorts come on and posted total lies
about SEC violations,and "class action lawsuits".There was 15-20 of
these manipulating "shorts". The stock went from $8 to $6 overnight
without cause -just these manipulating "packs" posting total lies.

   Another board I had seen about 15 months ago had a bunch of
"regulars" on the board. Problem was these "regulars" were the nicest
bunch of mostly elderly people you would want to know and talk with. The
stock was about $18 and then came "the pack" of shorts. There were again
15-20 of them. They got the elderly so scared that they would not fight
and just stopped posting. Thus leaving the board totally to these
manipulating "shorts".

   The stock went from $18 to $10 without reason just lies posted by
these liars. Do you understand a little now? Let me say this to you and
I want you and the whole board to think about this statement.

  IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO SCARE PEOPLE
INTO BUYING A STOCK.

  Now think about that, you have elderly that invest and find their way
to the message boards only to see false posts about "SEC Violations" and
"Class action suits" or you have a Yuppie with a kid to put in college
going to these message boards only to see posts by 15-20 (probably 5 or
6 under alias) "pack of shorts" posting the same false stuff about SEC
Violations or lawsuits or "there's bad news coming out" ....what do you
think they will do ?

  Let me ask you people who don't like my attacking back ways, language
etc... Do you think for that elderly person and that Yuppie with the
college kid -that it would be easier to take the money out of the stock
with these rumors and put the money back into the bank? Another question
:do you think it is easier to take money out of the bank and invest it
into stock....or easier to take the money out of the stock and put it
back into a safe bank ?

  It's easier to sell the stock and put the money into the bank for
nervous people like the elderly and the Yuppie who needs college funds.

   THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON.

   They bet on a stock to go down-not up! . Understand? And they have
just as much money and risk as you. But they have the edge of fear,
lies, falsehoods to post and pray on the nervous. Longs don't have
that."

Credit for post to skidiver3 "
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext