I shall use you post An interesting "guru" thread. Subject 26211
to combat the evil empire of penny stock whores like this one;
To: lightfoot (29426 ) Wednesday, Jul 22 1998 4:43PM ET
From: Dave Gore Reply # 29428 of 33858
*** POWERFUL BASHERS GAINING POWER ON SI? PLEASE READ! ***
*** Will SI Members threaten to demand refunds in what has become a rapidly degenerating
posting board? Spamming on threads is driving many public posters away and angering
many! Some stock threads have gone silent. Why is SI tolerating this behavior? Will class
actions lawsuits really begin?
Read on.
HAVE YOU HEARD OF THEM? The most aggressive seem to be JANICE SHELL and
GRAYSTONE, but others include KASHA, POET, 246810, JEFFREY S. MITCHELL, MR.
FORTHRIGHT, MARCOS, CATLADY, and others. Most appear together on the above
thread and on many other threads on SI.
(also see the threads: TAKING IT IN THE SHORTS, FBN, FBNA, THREAD MORONS,
DEATH THREAT THREAD, JANICE SHELL FOR PRESIDENT, or any of the stock
threads they have invaded, namely CYGS, the most recent. Good place to start:
exchange2000.com
If you are not aware, this is a group of people that go from thread to thread claiming to have
NO VESTED INTEREST in a stock, but always attempt to spread fear and doubt without
any conclusive proof. They spend hundreds of hours a week occupying threads that they
have no vested interest in (or so they say). They, like the infamous Stock Detective, who
some feel are one and the same, have targeted 5-10 companies recently that are obviously no
where near the worst companies they could have found. Even Janice Shell, who seems to be
the ringleader, admits (see below) that a couple of these stocks are not worthy of their
wrath..so why did they go after them and bash? Read on.
HOW DOES THIS GROUP OPERATE?
They always pick stocks that have had a large run up. Then they take turns attacking stock
threads, so as not to exceed the 20 post per day limit that SI has. But they spend hours and
days, even weeks on certain threads attacking, but always claim they have no vested interest
in that stock! It is almost beyond bizarre. They attempt to wear people out and so frustrate
them that the thread soon bears no resemblance to the peaceful place it once was. Instead it
becomes a angry, frustrating place where information on the company takes a back seat to
personal attacks. So what is their motive for doing what they do?
THEY CLAIM THEY ARE "HELPING EXPOSE HYPESTERS". NO WAY. HERE'S WHY
They always maintain that they are exposing people who hype stocks, yet they always seem
to come onto stock threads whose stocks have run up big (usually 500-1000% or more). Do
you see the fallacy of this claim? If they were truly trying to protect others "from being
taken" by hypesters and pump artists would they not come into the stock thread BEFORE the
stock has a chance to run and before smaller investors jumped on the bandwagon?
Because, isn't it usually the small investor buys near the highs, and the hypester at the lows?
Should they not attack these threads before these stocks run up? The hypester, if one existed
in the first place, has already made "his or her "killing" in the stock they target. No, it is the
small investor they hurt most often. That is why there is some much anger directed at them.
In fact on the DEATH THREATS thread they claim that many people have threatened their
lives.
Death Threats against them? If true, this is sad and troubling. It makes you wonder why
people even stick around SI anymore. The climate has turned ugly. If you are lucky enough
to have a stock that runs up, you are likely to be paid a visit soon by some members of this
"group".
Let's take a real example that started occurring this past weekend. They invaded the CYGS
stock thread.
If their real intent was to protect innocent investors from hypesters, why did they let CYGS
run up from 30 cents to over $2.00 before saying anything? And why don't they offer real
proof if they honestly believe it is a scam? They never offer real proof..never conclusive
proof. That is what angers people.
The modus operandi is to just plain WEAR PEOPLE OUT AND SCARE AWAY NEW
POTENTIAL INVESTORS. It is clear as day.
In the past they have come onto threads suddenly, usually 1-2 come in together, then maybe
someone different comes in, while the first 2 leave for awhile. They have hit, among others,
DGIV, INFE, SGNC, and now, over the weekend, they have hit CYGS. They are good at
what they do and many are afraid to fight them because they launch personal attacks when
you do. Many people avoid confrontation. They seem to love it. They never give up. Too bad
they don't apply those traits more positively to fight real scam stocks, real hypesters, real
bashers, and those Market Markets who scam the public. We would all benefit.
**** BUT THE REAL QUESTION IS:
WHY DO THEY SPEND SO MANY 100's OF HOURS EACH WEEK ATTACKING STOCK
THREADS AND BASHING IF THEY HAVE NO VESTED INTERST, AS THEY CLAIM??
Don't most of us enjoy posting about stocks we like?
Don't most of us think there is something wrong about bashing stocks that other people have
a vested interest in? Especially when they have no real proof. At the very least is it not in bad
taste? And if they have to say something, are there not nicer ways to post dissenting views
and questions?
So, what is their real motive, many have ask?
Why do they rarely spend ANY time (that's right virtually 0%) being positive about a stock
THEY own?
Why do they spend virtually 100% (yes, 100%) of their time on stock threads attacking,
when they don't have any vested interest in that stock? At the very least is it not odd
behavior? Here are some theories posed:
ARE THEY REALLY BUYING AT THE LOW AND THEN SELLING AND SHORTING?
Since everyone has a motive, some think they are quietly buying a stock on the way up, and
they when they decide it is high enough, they all sell and plot to sink it. I don't know, but it
fits the profile of why they rarely say nice things publicly about a stock and why they have a
fair amount of knowledge, enough to sound somewhat credible. Obviously they can't
promote the stock they later intend on shorting. It would also explain why they never attack
the stock until it has run up a lot. I t also explains why they don't go after real scam stocks.
It would be altruistic but would not make them much money..
Honestly, I am speculating only and I have no conclusive proof, but since that does not stop
them, and since this post will hopefully help the small investor..I march on...
ARE THEY BEING PAID TO INVADE THREADS?
No one has proof of that, but again it fits the profile. Market makers made lots of money
Tuesday on CYGS playing games with the bid/ask. It was largely helped by them.
ARE THEY REALLY TRYING TO PROTECT THE SMALL INVESTOR FROM
HYPESTERS?
Again, if they were, they would warn people sooner with actual proof that a stock was a
scam. Instead they only anger people who have lost a lot of hard earned money. Innuendo
and controversy, after all, can keep potential investors away from a stock. It is akin to a
person being accused of a crime they are innocent of. Often many still remember the arrest
and assume guilt.
ARE THEY PERHAPS JUST ON A "POWER TRIP" AND WANT TO SHOW HOW THEY
CAN TANK A STOCK WITH MERE WORDS? IS THIS WHY THEY WAIT UNTIL A
STOCK HAS RUN-UP
(i.e because they feel it may be easier to tank?) Is ego really the whole reason or because it is FUN?
HERE IS WHY JANICE SHELL SAYS SHE DOES IT? (from a question I posed to her on
the Bashers:post them here" thread.)
" Janice.... you've never said what you objectives are or if you are paid
to post on SI."
" Get real. I don't know HOW MANY TIMES I've said I'm not in the pay of anyone.
Hundreds, literally. All this hirelings-of-the-evil-MMs stuff is nonsense. Just another SI
fantasy. I do this because I find it interesting and fun"
YEP FOLKS, SHE FINDS IT INTERESTING AND FUN! CAN YOU BELIEVE IT?
She finds it interesting and fun, despite the anger and hostility and death threats?
Despite the fact that because of them stocks have tanked and cost investors millions?
WHAT ARE SOME STOCKS THEY HAVE TARGETED FOR ATTACK?
Let's look at some of the stocks Janice Shell has targeted with some of her friends:
DGIV, INFE, ICVI (now MTEI), SGNC, and now CYGS
ARE THESE THE 5 WORST COMPANIES THEY COULD FIND TO BASH?
NO, EVEN JANICE SAYS THEY ARE NOT BAD, SO WHY DID SHE AND OTHER BASH
THEM?
exchange2000.com
and SGNC recently received funding from the pristigous Battelle Institute but that did not
stop them from bashing (see news). INFE has some of the most intelligent, loyal people I
have ever seen; ditto CYGS. In each case, long term investors of these stocks have paid their
own money to fly down to meet company officials and do first class DD.
So, the question is: WHY DID THEY NOT FIND REAL SCAM COMPANIES TO EXPOSE?
WHY AM I POSTING THIS?
I am so tired on not being able to share ideas and thoughts anymore. SI has become a place
where PM's are the only safe way to communicate ideas (and some think SI is selling PM
information to Market Makers). If you are lucky enough to get a stock that goes up
significantly, now you know that sooner or later it will become a target of this group or the
Stock Detective may hammer it down.
WHAT IS SI's POSITION REGARDING THIS GROUP?
SI has received many PM's and emails about this group. Why do they condone their
behavior? Are these bashers being protected by SI when they are clearly violating the spirit
and original intent of SI? Are they not spamming threads through pre-planned group activity?
Are they not clearly trying to incite people with personal attacks? When their entire existence
on stock threads is nearly always 100% negative, never positive, is this not the worst type of
spamming ever?
So far SI has allowed this!
************
REASON FOR SI AND US TO ACT"
** People are afraid to post publicly on SI anymore. MM's and others monitor the threads
** Investors may start DEMANDING their lifetime fee be refunded to them unless SI does something.
** SI has become a much less friendly place..a peaceful thread becomes a nightmare...just
take a look at CYGS over the last 3-4 days. See certain names popping up over and over?
Get the idea?
** Class Action lawsuits may be starting against SI, this group, and others.
** SI has started to get a horrible reputation as a place where it is not safe or wise to post on.
** This group and others are bringing out horrible behavior in people...what a black mark for SI!
CONCLUSION: WHY THIS GROUP OF INDIVIDUALS IS NOT TO BE TRUSTED
** They ALWAYS come into stocks when they have already run up big, just like shorters do.
** They never freely say what their motives are
** They ALWAYS claim to have no vested interest in stocks they attack, but spend 100's of
collective hours monitoring every post and drafting negative spins. They are relentless.
** They spend nearly 100% of stock threads being negative, and almost 0% of their time
being positive and promoting stocks they love.
** I would love to see them expose REAL SCAM STOCKS and HYPESTERS by name on a
separate thread, by they refuse.
WHY AM I DOING THIS?
Simple.It is hard enough to make money on stocks on the BB: OTC without extra garbage
thrown from people like this. It is spamming and bashing of the worst kind. It is creating
hostility. It is causing people to lose money. And eventually it may prevent people from
joining SI or even wanting to post anymore!
YES, SI...they may cost you real business!
I am also doing this because I am stupid. I will be attacked like mad by them (oh well) and
maybe even sanctioned by SI.
If I am, you will know where SI stands and what they have become.
LET ME SHARE WITH YOU ONE LAST POST THAT I THINK SUMS UP HOW 100's,
maybe 1,000's of people feel about this group. Note the last sentence in particular.
To: +Graystone (1729 )
From: +Barry R. Tuesday, Jul 21 1998 11:39PM ET
Reply # of 1733
Graystone - This is my final post to you so a response is not asked for and would not be
responded to, by me. I was told many months ago by a friend of the company that a cash
rich / technology poor company was a possible merger or joint venture candidate. I was not
hyping, I was relaying items that I heard were possibly in the works.
I hope the company does well and finds suitable candidates for mutual sharing of their
diverse technologies. I also hope that between these companies, a cure can be found for my
diabetic condition which is running out of control.
I find you and your friends rather distasteful by the way they invaded this thread, which
thread was nice and relaxed, with no hype going on at all before you and the other bashers arrived. |
