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Microcap & Penny Stocks : BASHERS POST THEM HERE!!!!! -- Ignore unavailable to you. Want to Upgrade?

To: Adivino who wrote (108)	6/30/1998 10:50:00 AM
From: Larry Voyles	Read Replies (1) \| Respond to of 390

I assume you mean this post: exchange2000.com I'm sure the position-related bashing/hyping does happen. There are a rare few daytraders who even less ethically bound than I am. I've never seen that bashing/hyping was that effective in manipulating prices. To crush a stock, it's a lot quicker and much more effective to keep selling into the bid. That's a clear signal that somebody is trying to drop the price and the smart buyers will hold off and let it happen. They know they will be able to pick the stock up cheaper in a little while. That's where you probably see your "market manipulation" with price drops on low volume. Don't try to buy into this type of manipulation hoping to keep the price up. Unless you have lotsa bux, you're not going to win. The tape speaks much louder than any bashing or hype. There is also less resistance when crushing a stock than trying to push the price up. Nervous investors can almost always be goaded into helping you out with panic selling. A word of advice: If you see this sort of thing happening, the best thing you can do is to stay out. By that point in the game, it's probably too late to join in. Trade Smart and don't hold on to losers. I'd recommend the 7/10 rule for most intermediate-term OTC investors: Set stops 7% down and 10% up from your buy price. You'll almost always come out on top.