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


To: Patrick Slevin who wrote (110)7/31/1998 8:55:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 461
 
Patrick,

When I posted the link, I was not in any way slighting any of the companies that they indicate are in their postfolio (spelling intentional). I, like you, was looking at the way they advocate going about doing it. To me, it spelled pump 'n dump, but didn't they make it sound so nice? And it's so open to the public, too. Hell, they aren't even charging for you to join the club. Just join in the research, and contribute some effort. And then they post the picks for the whole world to see.

Now, let me see. I've "secretly" found their site, I can go buy into their picks and sell into their buying binge. Right? I don't think so. This leader of this club is in Canada, and guess what? Some Canadian brokerages can and do allow shorting of thinly traded stocks. Now you don't suppose they'd deliberately let me see their "research" so that I'd greedily buy what they've actually shorted, now do you?

KJC