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Pastimes : Can SI Members Really Manipulate Stocks? -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (1)	7/30/1998 3:40:00 PM
From: JakeStraw	Respond to of 461

IMO it's only the large institutions, traders & market makers that have the power to REALLY move most stocks. Furthermore who ever trades SOLELY on the information provided here on SI is asking for trouble one way or the other.

To: Jeffrey S. Mitchell who wrote (1)	7/30/1998 4:34:00 PM
From: UDanWright	Read Replies (1) \| Respond to of 461

Jeff, I joined SI just to post on your board. I am a long time lurker of TAVA and ALYD, and I believe a stock CAN be manipulated by a group using the internet. I have written my views on the Yahoo TAVA board, and also am studying the effects on stocks that certain people are involved in. I believe a well organized effort can turn momentum in a stock. It is apparently easier to manipulate a stock from the short side than long. So called "hypesters" are nothing more than the common investor pre-internet. If I ran accross a company I felt was outstanding, I told others...now it can be done electronically. But, with carefully worded "allegations" can shake up even the strongest of investors. I have to hand it to Bill Wexler. Other than the fraud allegations, I think he placed enough doubt in other TAVA investors minds to drive the price down. I didn't think he could do it, but once momentum turned...wow! Thanks for setting up this forum....I have a lot to say on this subject, but for now, I am, UDanWright

To: Jeffrey S. Mitchell who wrote (1)	7/30/1998 7:39:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 461

Nice idea for a thread, Jeff. I have a notion that all but small caps and below are relatively immune to the intriques of SI. Much money is out there that can apparently do just about anything it wishes, in the form of the clubby Mutual Fund cash.... But when it comes down to stocks that are easy to manipulate, the Pinks and OTC and Ultra Small Caps I would imagine SI hype could help on thinly floated stock. But I would not expect to see those people posting here on this thread. In other words, I think you shall end up with a one-sided discussion. Hope we are still friends.

To: Jeffrey S. Mitchell who wrote (1)	7/30/1998 8:40:00 PM
From: Andrew Vance	Respond to of 461

Nice thread and idea. If you would like a recent example, try ATIS. Somewhere last week, you saw a momentary blip from $3 to $5 then tank to sub $3. This was a "hot stock" in certain circles and the winners were already in at $3-$3.50 via their newsletters and forums. On the subject of one in motion that might probably be honest, take TSQD. Watch this stock performance and its move from $4.50 to $7.00 this week alone. Honest or Hype, you make the call. TSQD will own roughly 25% interest in Digital River when it goes public on Aug 10th. Digital River is expected to be a hot IPO and as such, people are climbing aboard TSQD as their entry into this IPO. Proper notification was given to people at $4.56 with enough time to get into the stock at that price. The action came in and we saw a huge rise this week. Comments are that this is a $10 stock IF the Digital River IPO does well. As Aug 10th approaches there will be increasing activity in this stock and some possible manipulation. Mentioning it here may also add to the manipulation but things will trail off as the Aug 10th date comes and goes. IF the Digital River IPO does not come off well or IF the proposed impact it will have on TSQD does not pan out, you will see a great deal of people hurt on the major reversal. In all of this, no one has clearly spelled out a cohesive financial assumption based on the IPO price, additional post IPO run up, number of shares of both companies, and value per share of TSQD. To say the least, TSQD is in play and is dangerous IF you do not have all the information. It is also a candidate that can be used maliciously in the wrong hands, even with the honorable intentions brought forth here by me. Why talk about it here? Power is knowledge. If you have no idea what TSQD is about, pass on this stock and do nothing. If you have been approached on this subject, you have some information to evaluate. However, there is not enough information presented here by me for anyone to make an informed decision. I do not know how I will personally handle this stock from this point on in time. I also realize that talkoing about it may encourage people which is not my intention. As was stated many times on this thread so far, relying on any discussion forum as your rationale for investing is extremely dangerous anmd puts your capital at risk. Do a great deal of your own research to make your investment decisions. With that said, I end with a NYSE stock that has a ~$4.1 billion market cap and is one of the top companies in its sector, ECL. You have enough time to do as much research as possible and make a decision. It will be very hard to manipulate based on its volume and its institutional coverage. Do your homework and make a "paper" decision and follow the company for the next few months to see if it pays off. I think you might be interested and you might be able to make 20% profit on it. The question is whether YOU believe in the company. If you do not, pass. If you do, watch it and see for your first lesson about yourself. And on a humorous note, if everyone does invest in it and it does move upwards, you have demonstrated the power of the internet and SI.<GGG> It also wouldn't hurt if they were to land a nice size contract with some fast food chains.<GGG> As Patrick stated, Hope we are still friends Jeff. Andrew Vance Stock Swap

To: Jeffrey S. Mitchell who wrote (1)	7/30/1998 9:08:00 PM
From: Grashopper	Respond to of 461

si when used properly cna be the DAVID THAT BRINGS DOWN Goliath. With few exceptions our thread is the last place where ther is a town meeting exchange of ideas. while we may have some shills this is still the best place for the little guys to talk it out wo being by wooed people living on commissions like used car salesmen. i dont know if we can manipulate stocks directly but we can make small to midcap cos be responsive . At a recent annual meeting the press corp sought out a certain si member for the down and dirty on a the co. the reality is that active si s can tilt the balance of power on some issues. NOW IF WE ever pooled our funds in one unified gameplan on a particular matter then we potentially could manipulate.