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Strategies & Market Trends : the PUMP ~N~DUMP thread -- Ignore unavailable to you. Want to Upgrade?


To: Jane4IceCream who wrote (88)2/3/2000 9:31:00 PM
From: Lola  Read Replies (1) | Respond to of 219
 
Of course Jane, those people are even worse. I don't know where WLD is ... maybe he has a hot date. He's cheating on me already. <ggg>

Lola:)



To: Jane4IceCream who wrote (88)2/3/2000 10:14:00 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 219
 
Where's WLD???

Right here.

The double-dumping you described happens all the time. Like with MDHM. The price gets hammered when they print up a few million shares, then they turn on the rumor mill and sell short into the buying, turn off the news spigot and cover at much lower price. Oh, and then they blame the drop on HICUPS (Handshake's Imaginary Cabal of Un Pleasant Shorters).

This stuff isn't limited to penny stocks; the way some "analysts" at some major brokerage houses work is no different and no better. Attach a $100/share price tag and an old wall street name and maybe it's even easier to P&D. The way certain analysts float certain rumors about a certain Kanata based company whenever there are earnings troubles is, to my mind, a classic example.

But you've been around long enough to know all that...what were you getting at?