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

To: eims2000 who wrote (66949)	2/12/2001 7:42:52 PM
From: mmmary	Read Replies (2) \| Respond to of 122087

I put myself on those stock pick lists and get emails about the next "great stock." I put myself on the lists just so I can stay alert to all the fake scams out there. I also will go and post on the company board that someone is trying to fake pump it and I'll post the email telling them to beware and post links to good stock scam sites for more information about what to watch out for. I see so much of that hype, all penny stocks, otcbb, upstarts, "turnaround," "comeback" companies. I started following the stock picks when I found out that is how Westergaard got people to BIKR, now symbol UMCC. He didn't just post those "great" reports. Somehow those reports made it to those email lists the same second they were posted which is why I think he was involved. I was also following Westergaard and his fake pumps on the boards. I had the timing down so I could have actually played his pumps. Right before the pump tons of shares would trade without a positive word on the board. Then he'd pump like crazy for a day, "BIKR TO $9 AFTERHOURS!!!". Then he'd dump it the next day. Maximum pump was three days. I thought about playing it but decided it would be a really bad thing to do. Instead I'd go to the boards and warn people. No one listened. They'd rather hear that they can win lots of money than they could lose money. I sometimes wonder how unethical it would be to follow a scammer and take advantage of his fake pump action. I would never do it. I really think a few people were doing this with Westergaard, whether he knew it or not. That's probably why he thought he was a great "picker" when really he might have been used also, if he wasn't in on it himself. I bet he told his buddies about his plays. Every time a good report came out on one of his companies, the stock would instantly shoot. I think that's why he got so big headed. Could have just been some high school kids following the old bozo around the boards betting on his reports. At least you always knew his reports would be positive. No gamble there ;-)