Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: Lola who wrote (8432)	10/29/1999 9:57:00 PM
From: Tom Swift	Read Replies (1) \| Respond to of 9115

To: +JMO (6273 ) From: +Tom Swift Friday, Mar 26 1999 11:34PM ET Reply # of 8434 "If Daniel makes a pick/call on a stock and someone is stupid enough to buy it without doing their DD first, that's their problem. When you buy a stock you are buying at your own risk. Smart investors don't get caught with P&D schemes." The problem is, that this thread is not read by smart investors. How many posts have you seen on this thread asking a 15-year old boy (let's see, mid-9th grade education, can't drive legally, can't drink legally [probably a good thing], can't go to an R-rated movie legally, can't buy stocks legally, . . .) what his opinion is on this and that stock and whether they should buy or sell. Smart investors, I don't think so, I call them sheep and other unmentionable names. Daniel is a smart kid and I am impressed by his ability to handle the current criticism. In time, if he learns ethics and goes to college, I expect that he will do well. However, I have been reading his early posts and he has gone through a number of phases. Soon, I will post a complete analysis. First, he was a sheep/investor. Then he realized that for the small amounts of money that he had, he needed help to move the stocks. At this point, he tried to organize coordinated buying in penny stocks. I wish I had signed up for his first AOL e-mail pick, because there were several responses on SI saying "Daniel, that is totally illegal, take me off your list". Then, he started publishing his picks. This worked for a while and they all spiked as he picked them. Then, he seems to have gotten carried away with "sharing" his picks -- although DM claims that he merely hinted. However, when this get to court, I expect that it will be proved that he was giving them out early to the inner circle. These were the glory days. Then it backfired. DM burned lance by being too obvious what his pick was going to be and then changing it. This is a muddled story. We know that a day earlier than the DM big pick, musicguy knew what the pick was because he was well connected on SI and the pick was passed on to him. MG posted the pick, and DM didn't carry through (although we all know what it was). BTW: Musicguy has ethics. He was instrumental in exposing BigDog for the same kind of behavior last fall. So, then Musicguy started posting on this thread. He has a short temper, and he got suspended for it three times before the final boot. However, his lead was followed by others who were also appalled in seeing that adults were listening to a little kid. I had noticed DM last summer and discounted him. When I read this thread, I saw what MG saw -- a bunch of newbies were getting ripped off by DM's posts and the many pumpers and dumpers that were feeding poor DM with information that he was taking at face value. Now we are in the decline. I don't see DM making weekly picks and I don't see any spikes after he mentions a stock. ABFG is a dog and the FBNA crew is on it (which means that it is both a bad pick and a fraudulent company from past experience). DM is now reduced to being an "investor" in a bad stock and has been trying desperately to promote it on various threads on SI rather than just mentioning it as a pick on this thread. I do feel sorry for Daniel, however, this is the way the game is played and he has been relying on luck, publicity, and IR firms for information for the past year which is not the way to make money in the markets. Next Previous Message 8556123

To: Lola who wrote (8432)	10/29/1999 11:36:00 PM
From: Matt Brown	Read Replies (1) \| Respond to of 9115

My position ..... I personally do not want to take any position in all of this mess as far as reporting it to authorites and the media. It is not worth the time to me. I have been contacted by Lord konws how many people wondering if I had read the thread and what I thought..I am just now reading about all of this...and it's a mess. I think it is amazing that a 15 (correct?) year-old kid has caused such a stir on a message board. Just like the people that listen to his advice (is it called that?), it seems almost as stupid as the time his critics waste on him. I will not go any further into what I think, although I have a slew of thoughts.... BUt, I will leave this up to those who are in deep (MusicGuy and Lola) .. I wish you the best. If it's a scam well, it didnt last long. Just a note to Dan. Unlike some other people that are lurking and saying how much of an a-hole you are for what you have done.. I am a professed Christian and I do care about you (and possibly your father, if he too is posting) especially as another teen...i know how it is growing up in this world dude...I know that you are getting into this Wimbleton thing and Daneil, you and I talked about this for however many hours..and you know I hate it. You called me jealous, but that was not the case. I truly think you are getting in over your head. Not becaue you aren't smart enough, but the people you will be dealing with. Listen to it Daniel- STOCK PROMOTION..REad the articles. It's twisted man. Many of the stocks you will deal with will be scams in the end...and guess what..people will blame you, no matter what you think. People get murdered over this. YOu are freaking 15 or 16 years old. You dad probably in his 40's .. They will kill ALL involved in this if something does go wrong and it normally does.... You call yourself the WHIZ KID. People will pay a price for a name and a reputation, but they want service and big retruns. If they don't get that, then somebody is going to get screwed besides them. And if you guaruantee or "flash" as you call it the Whiz kid name around, then people will expect big things. All I am saying is please be careful. I could care less if you have been running a scam the last 3 years. What matters is what you are about to get into. You have never involved me (because of my own decison ) in any of your stocks, so I truly can't say much without talking like a moron. I haven't followed your thread, so I do'nt konw the details of it all.. But I do know everything about this promotion company you are starting. Remember, you wanted me to work for you/partner. Daniel, you came to me asking how the hell to research Mr Metals and like 3 other guys I can't rmember at this time. You are going into business with people you don't even know. You never met the people. Daniel, this is how scams happen my friend. When you don't know shit, shit happens!!!! Think about what you are doing here... Think past the money. I am not saying that Metals and all the othes are criminals by a far shot. What I am saying is that you say you have tons of business experience. You apparently don't, if you are going into biz with people you have never met and are asking some other guy you have never met (me) to research them for you..Think about it Dan. Dan, please think about what you are doing..Just chill for a while. Pray over it. I do'nt want to wake up in a few months and read about how 16 year old Daniel Miller shot in the head 5 times beside his dad in their 5 million$ mansion with their cell phones next to them because they didn't properly do a job right.. Would that be worth it? Sincerely, Matt