Just in case this gets deleted, I want to save it here.
(Bold is my emphasis)
To: Theo (4031 ) From: Dixie7777 Sunday, Jun 7 1998 10:18AM ET Reply # of 4088
*******Not in response to Theo*****
******TO ALL*******MUST READ******* What you're about to read is to say the least, is probably one of, if not, THE best SCAMS currently running on SI.
It involves none other than some of our favorite a$$hole posters. Hopefully, what you are about to read will keep you from underestimating them.
Their names are: Forthnight, Taste that chicken, Janice Shill, (she used to be called the executive assistant,) TeDennis, Jeffery Mitchell and a small cast of others yet to be exposed. Actually some are pulling their weight twice or more and it is virtually impossible to figure out who's who. They are, well not all of them, but a few are really talented writers and manage to do some relatively decent due diligence. (Although you wouldn't know it from what they've posted with our stocks.)
It's really a very clever scam once you get into what they have constructed at magneticdiary.com. You can cross-reference this site to FBN at the SI. They really don't try to hide anything and I would suggest anyone could figure this out. FBN is an acronym essentially admitting it is a scam. It is a fictitious entity, with a really nice web site, purporting to be ready to issue an IPO. A web site that costs too much in time and talent not to have a method to generate revenue. These guys are not Mother Theresa's of the SI boards.
They (FBN) "claim" to have an outstanding Y2K product that once you scratch the surface at the web site you realize it is only a spoof. It's amazing how many idiots, that's right folks, sometimes people like you and me, that will read the net site and come back to the SI board and persist in asking/posting about how to buy the stock. It's a monument to the naivet‚ and/or stupidity of the "average" investor. Take a tour; see if you can the spot the obvious.
Originally they were located, or so they said at their time of origination, in lower Connecticut, I think it was Stamford. They are now saying Sedona Arizona. Great scamster's, that's all! Liars and cheats, supposedly, (and sometimes accurately,) exposing P&Ds here on the net. Still liars and cheats just the same. Read on.
They theoretically have set themselves up as the final arbiter of all BB stock credibility. If they don't like the company, don't understand the company or the run-up, they have anointed themselves as our "savior." (At least that's what they would have us believe.) And you know what, they have been right on some occasions. They also have been wrong and have severely hurt many small investors. They really don't care, contrary to what they would have you believe.
Other information that has recently been brought to my attention gives me reason to form the opinion that they have also been on the side of a notorious shorting MM firm so as to assist that firm in shorting the companies the FBN group has persistently bashed. Sometimes they will show up as "independent's" and begin posting... to each other. Before long you find the banter between them drawing in other seriously interested investors. Once I watched while over a period of 4 or 5 days each of these creeps entered a thread on different days, different names and slowly unwound the thread. They watch for fast run-ups and then begin to bash, in concert with the short selling by "The Firm." Really very simple. that is until they met up with the Rocketeer's.
I believe that they earn serious amounts of money based upon the success of the attendant brokerage firm, and the particular stock shorting campaign. Look at their net site, it cost a fair amount and didn't come from pocket change. It's all part of a very sophisticated scheme. Makes the movie "The Sting" look like a bunch of amateurs. Makes a lot more money than The Sting did also. (By the way, I know we're gonna love their story trying to rationalize this whole thing, can't wait for that to pop.) The money they get comes from the small shareholder that bails out of a stock when one of their people or pseudonyms posts enough scare info on that respective board. (I will/cannot name the firm for legal reasons.) I have a feeling that Rico will know the connection.
Check out the FBN net site, magneticdiary.com, the FBN SI site, Subject 20060, and the historical posts of those concerned and come to your own conclusions. Forthnight also has that hypster thing.
Now, with that said, and these bastards exposed, (please excuse my Bronx, sometimes there isn't any other way to get the message across,) let's all agree for once and for all, NO responses NO clicks. Just the SILENCE of a black hole.
I'm quite sure that you will see many attacks and apparently reasonable questions posed by one or more of them, of me. I guarantee you I will not, absolutely not, positively not answer them.
Understand, no matter how reasonable they may seem at the moment, and their arguments will appear to be valid, these people are not here to help anyone, just themselves.
Please, from ALL of us... SILENCE.
Rich *********
...and a response, (which is actually libelous!) *********
To: Dixie7777 (4072 ) From: Tod C Sunday, Jun 7 1998 2:50PM ET Reply # of 4089
Rich - EXCELLENT expose. I've said all along, what these people do is theft to investors, big and small. Downright criminal in my eyes.
Silence is golden.
Thanks. |