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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (3527)	4/19/2005 10:28:08 AM
From: rrufff	Respond to of 5425

Those who get most upset when these topics are raised will claim that they've been bashing for years and yet nobody pays them or their friends or their associates, or the associates of their associates, all of whom bash for the good of society, totally independent of each other, each coming to the same conclusion on their own, without need of reward or payment. Realistic? If a tout said something like this, he'd be laughed at all over the place. A tout has to disclaim. A message board basher can bash for pay and there is no disclosure required. That's the key. The only restraint is if there are violations of 10(b)-5 or other anti-manipulative regs. (For extreme and provable lies, libel, slander,etc.) Of course, the SEC or the AUSA would have to be involved. But it happens and we saw it at the guru crew trial. A lot of the same people were very seemingly surprised at the verdict. Would they be more surprised at the existence of paid bashers?

To: Smiling Bob who wrote (3527)	4/19/2005 10:56:03 AM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 5425

Whether someone got paid by a 3rd party to bash a stock is not something that would be disclosed. Yes it would be, which is the fatal flaw in your argument. If you want to counter with "but they never do" then, unless you can provide evidence as such, you have done nothing of substance to advance your thesis. Also, another fatal flaw is that just because someone asks for evidence doesn't automatically mean they are in "denial." - Jeff

To: Smiling Bob who wrote (3527)	4/19/2005 2:30:40 PM
From: Janice Shell	Read Replies (1) \| Respond to of 5425

We know that the convertibles are usually shorted against overseas. The death spiral is no mystery. So a major, and potentially highly profitable, short position in pennies that have used convertibles likely exists. Sure. One thing I'd certainly like to see is a law prohibiting convertibles; floorless converts at least. But remember: only the company can issue junk bonds of this kind. Remember as well that convertibles are just about the only absolutely risk-free investment one can make. So the people shorting against them don't need "bashers". They don't need to do anything but short the stock and wait. One way or another, they'll make money.