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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (8390)12/18/1999 8:58:00 AM
From: BudLong  Read Replies (3) | Respond to of 9440
 
Chris,

I respectfully disagree that P&D requires some sort of insider connection, free shares, etc. It just involves lying about the stock's prospects to a wide audience.

Example: I run an email newsletter. I buy into a stock that's on the floor, running, doesn't matter -- for $1.

As the stock spikes, I turn up the heat. I put out several alerts that say I think the stock is going to $10, when all I want is a quick double and I'm outa there.

It doubles, I'm out, and two days later it's at .75. Everyone who believed my lie is holding a POS bought at $1.50 and up.

I think it's the spamming and lying and getting out long before you said you would that makes it a P&D.

Bud



To: ChrisJP who wrote (8390)12/18/1999 1:38:00 PM
From: Jim Bishop  Read Replies (3) | Respond to of 9440
 
< know they are connected ..>

9 times out of 10, when I have listened to someone supposedly "in the know" or as you say, "connected", I've been burned.

I finally learned, the hard way of course, to do one very simple thing in those cases - check the chart. If it's not close to where I figure the bottom is, and looking ready for a pop...bye.

The most fun ones, to me anyway, are the pure right up front momo's whether it's on a POS, an empty shell, or a great company.

The excitement, adrenaline rush, and the $$ are the same for them all.

Jump in, take the middle out, the top off it if real lucky, and gone. LOL maybe later, do a little DD and at least find out what the co. does, if anythng, and who/how/why the run started, and should we keep watching it and do more DD.

Your definition of P&D is very close to mine, and it always includes company insiders.

But I think as Gary alluded to, on many individual stock threads, especially on RB, a P&D'er is anyone who is not a die hard, cheerleading, holdem til I die, company can do no wrong, kinda guy.

And all those that ask tough questions are bashers and either short or paid to bash.

LOL paid to bash, now that sounds like one fun job, but I always wonder why the supposed paid bashers, can rarely afford, an SI account, and just do their dirty work on the free boards, so I assume the pay is pretty lousy.

On some threads, anyone that trades the stock, is a pump and dumper, or <shudder> even worse, one a them evil daytraders, that's gonna mess with their stock. I try to tell them, sheesh, take advantage, but most of them, would rather watch the ticker all day long, hoping the next uptick, is the one that sends it to the moon. Then, it downticks...

LOL on RB I've been called everything, from nice guy, to P&D'er, daytrader, basher, maggot, penny pusher, and more.

<ggg> I try to take them all, as compliments. Well, I'm still trying to figure out the maggot one, ya try to give a guy some honest, friendly advice and........