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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: jjetstream who wrote (97272)4/15/2000 7:21:00 PM
From: If only I'd held  Read Replies (3) | Respond to of 108040
 
There are 2 things that I utterly despise about doing business on the internet like this. They are pump and dump and lack of credibility, or honesty.

I'm calling into question the credibilty of Kimberly Lee.....for no reason other than people are following her words.

Let's use Jason Harlan as an example...

Jason is a decent guy. He seems completely honest. If he sells a stock he recommended and you ask him....he will tell you. If he is losing on a position he has taken, he will not sit there and lie to you and tell you he is winning. He makes no secret that he sometimes sells into his recommendations. I beleive Jason is probably among about 85%-90% of the posters on SI. He is stacked with credibility in my opinion. So is Anthony, Trader J, Rande, Kathyh, WUWT, Graniao, Russ, Fred, Tim Luke, Marshall... the list just goes on and on and on....and yes.....If Only I'd Held.

I have no problem with front-running. If you want to own a stock, it seems pretty stupid to me to recommend the stock, and then try to compete with all that follow you for a position....although that is usually what I do.....Anthony claims it is what he does. My freinds have seen me buy AFTER I talked to them about a stock. And I have shared the bid with them. And if someone asks if that is my stock on the ask.....I answer them and I tell them the truth.

I do not think anyone should be hand-held either. Nobody has to say whether they sold or not...or whether they are holding...or how they did on the stock. No one deserves to know another person's trade history.

But I do despise scalping against people that look up to you, or that seek your guidance. And even more than that, I despise the failure to reply to further inquiry about a recommendation. As far as I am concerned, when you make a recommendation, you pound the table on that stock until you have sold. And if you sold it, you don't have to come out and tell anyone you sold it, but if someone asks, you should answer.....and answer truthfully. That.......is credibilty.

There was no pounding the table on IGLD, BCST, HWYM, DNCC, PCNA, etc, etc, etc....from Kim....and when traders asked Kim what she thought of the stock later, they were way too often ignored.

"Is your goal to protect the *rookie* traders???????"

You're damn right....and it is your responsibility as well. Give something back will ya?

"she never once promised to *lead* the flock"

Nope, she sure didn't...but I beleive she fell into a really neat situation and took advantage of it until it didn't work anymore, then she split. And then to come back and offer her words of wisdom, at the lowest and perhaps worst time this market has ever seen, one hour before the close......I just thought.....you've got to be f'n kidding me....I've seen it all now.