newswire.ca
StockHouse.com: 9 Red Flags to Help Identify Online Message Board Con Artists
SARASOTA, Fla., and TORONTO, May 4 /CNW/ -- The StockHouse(R)
RapidResponse(TM) team released the 9 most frequent red flags that help spot
the online stock manipulator on Internet message boards.
Said Chris Livadas, CEO of StockHouse Media, "Our RapidResponse(TM) spent
the past several months sifting through thousands of messages on the
StockHouse BullBoards(TM) and numerous other Internet message boards to help
codify the warning signs, which give away the online stock manipulator. This
generally occurs on micro-cap stocks, which are thinly traded and usually have
an explosive run-up followed by a strong retreat."
Such warning signs include those who hyper-post on only one stock (usually
between 8-to-20 daily messages), those who use multiple identities to hide
who they are, those who are nearly always the first to respond to company
developments and those who repeatedly hint of upcoming company developments
and news releases.
Livadas added, "We hope this checklist is broadly used to help root out
flagrant violators and that, ultimately, such individuals will be banned on
Internet message boards. StockHouse has begun a project to identify such
Internet posters and stymie their efforts to pollute the StockHouse
BullBoards(TM)."
The StockHouse campaign began a week ago, after death threats on Bid.Com
(Nasdaq: BIDS) (Toronto: BII) executives and at least one analyst began
circulating on Internet message boards, including StockHouse BullBoards(TM).
To view the online Special Report, visit www.stockhouse.com.
StockHouse Media Corporation is an Internet financial media information
service company providing breaking news about North American stocks via
their Internet publication, StockHouse.com. With over one million visitors
per month, StockHouse has emerged as a leading, online, global financial
content provider. A subsidiary, StockHouse Canada is the #1 Canadian
financial web site, where an estimated 21% of Canadian online investors
conduct investment research. StockHouse maintains offices in the United
States of America, Canada, and Australia.
Media Contact for U.S.A.: Media Contact for Canada:
Hilary Chiba Joe Carusone
StockHouse Media Corporation StockHouse Media Corporation
PH#: 1-941-365-5719 PH#: 1-416-410-5554
EML: "hchibastockhouse.com" EML: joestockhouse.com
WEB: stockhouse.com
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For further information: For U.S.A., Hilary Chiba, 941-365-5719, or
e-mail, hchiba@stockhouse.com, or for Canada, Joe Carusone, 416-410-5554,
or e-mail, joe@stockhouse.com, both of StockHouse Media Corporation
/Web site: stockhouse.com
STOCKHOUSE MEDIA CORPORATION has 21 releases in this database.
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