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To: Jeffrey S. Mitchell who wrote (3269)8/27/2008 9:48:41 PM
From: d:oug  Read Replies (1) | Respond to of 4895
 
Yes you made a good point as I failed to distinguish between a pro having a nature advantage over a novice, and one that manipulates in a criminal manner to get a win, as that is what IH is about now to flush out the hidden paid promoters having agenda to pump so as to dump their shares given as payment by the company to say nice, and only nice things about the company.

Guess I have a hard time seeing the difference between that criminal activity and "us" traders flipping shares and taking profits from the majority of innocent folks that don't know that the markets are run more like a gambling place than one for investing.

Since IH is weighted Pink Sheet and OTC:BB versus SI weighted with established companies having a product and revenue stream, it can be commonplace for IH traders to watch their screens of activity on a hundred scam companies that only create and dump a zillions shares with no intentions of ever bring a product to market with the money they obtain from selling their share holding after a phony pump pr, and then reverse split 1000:1 and start a new cycle.

Most IH traders know this and play like a game of chicken with other traders knowing the same score of scam'ness, but seem to feel ok to take the profits from innocent investors that fell for a phony pr they received in the mail.

For myself I have no beef or feel-sorry for these innocents since today's society is like that saying: "You have the government you deserve."

Thats why I see the "clean-up" at IH hypocritical as folks just wanting to lessen the edge others have to flip profits from trading companies being 99.99% phony.

Doug