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 : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (13546)	1/29/2013 11:05:32 AM
From: Doo	2 Recommendations Read Replies (1) \| Respond to of 33421

Mr. Pink (aka Dan Loeb) was my favorite basher of the pump and dumpers in the early days.

To: Augustus Gloop who wrote (13546)	2/2/2013 9:49:01 AM
From: John Pitera	2 Recommendations Read Replies (1) \| Respond to of 33421

Hi Michael, I was amazed at all the pump and dump scams that I was getting text messages about back in 2007. There are perpetually a group of individuals that running scams, rings...... The old market books such as "Reminensces of a Stock Operator" talk extensively about well heeled investors who were putting together pools to drive stocks up and plungers...... individuals or groups that would very aggressively short the living daylights out of stocks from the second half of the 1800's and during the first two decades of this past century. Mr Pink was quite the character..... They just had a very large Money show in Orlando FLorida the past 4 days.......at the Gaylord Palms.... there were quite a number of people promoting oil and gas Limited Partnerships and Master LP's Most of the attendees where saying how they had been scared out of the market... but they are obviously considering getting back in. I had a pretty intelligent guy tell me that rising bond rates were good for equities as it meant people were pulling money out of bonds and putting it in stocks. Of course as yields rise in bonds it contracts that PE multiple that the market will pay for stocks. John