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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (62090)	11/6/2000 1:03:01 PM
From: ChiTown	Respond to of 122087

Good to see you back Anthony! eom

To: Anthony@Pacific who wrote (62090)	11/6/2000 1:07:20 PM
From: StockDung	Respond to of 122087

“Scam Dogs and Mo-Mo Mamas” by John Emshwiller, A History of the Message Boards otcnn.com By Giando Argentina Published by OTCNN.com 11/06/2000 09:58 AM EST A must read book for the OTCBB and NASDAQ investor is “Scam Dogs & Mo-Mo Mamas,” by John Emshwiller of the Wall Street Journal, focusing on the online trader but more importantly on the message board participants. I had the chance to finally read it on the recommendation of a friend and was intrigued by Emshiller’s in depth analysis of the history of the message board personalities and low priced stock investing in the Internet age in general. The personalities, some of which I am familiar with and some that were before my time, include Tokyo Joe, Big Dog, Anthony@Pacific, Janice Shell, GA Bard, Jeffrey Mitchell, Truthseeker and Pluvia among others. Chances are, if you have spent any time on the message boards you have run across some or all of these characters, some you may have been happy to see on the message board of one of your portfolio holdings and the arrival of others may have led to some feelings of hostility. Some gained online notoriety by leading investors and traders to stocks with the potential of great returns in a short period of time (if you happen to get in before the masses), and others gained notoriety by questioning the claims made by companies and touters. One in particular, Anthony@Pacific, gained the notoriety by being a vocal advocate of shorting stocks that in his opinion were undeserving of the current valuations. An online personality that focuses on shorting tends to make a lot of enemies quickly, if you haven’t noticed, shorting is the equivalent of capital murder in the online stock investing community. Shorting in all actuality, is just another way to profit from price fluctuations, but don’t try to tell that to the fanatics. The online battles described in the book sometimes went far beyond the normal disagreements in investing strategy or company fundamentals. Outright death threats and wishing other people ill were, and still are, very prevalent on the message boards. Some of the postings even led to real lawsuits, filed by companies against posters questioning their business practices or whether they had a business at all. All of these personalities helped shape the online message board community. One point that Emshwiller brings to light is the absence of the SEC. during the early days. While the SEC started late they have made efforts to better monitor manipulative practices. Although still well understaffed to monitor the growing online community and the amount of publicly traded companies. That’s were the personalities labeled as “bashers” come in, uncovering company wrong doing and trying to keep the constant message board hype in check. Emshwiller’s book is a nice trip down memory lane for the old timers (pre-1999) and a nice history lesson for the newcomers. The message board investing community is odd to say the least, many decide to discard logical thinking, which they otherwise possess in their “real” life, and invest in companies based on what other nameless posters hype to the masses. Reading the book I noticed that in the early days I had invested in a couple of the companies that were hyped and subsequently fell from grace. It’s a book that when read will, leaving the reader with a different understanding of the word “basher” and probably inject a little dose of reality with some of the investors who participate on the message boards for low priced stocks. xxxxxxxxxxxxxxxxxxxxxxxxx

To: Anthony@Pacific who wrote (62090)	11/6/2000 1:20:53 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 122087

Missed the radio program. Check back, no rerun. Very interested in your views on the recent SEC spate of rule making. Do you have a url for a summary of your insights or a rebroadcast? TIA