To: RocketMan who wrote (21937 ) 8/16/1998 11:47:00 PM From: Bird Read Replies (2) | Respond to of 50264
RocketMan wrote:>Wanna bet? Not only is your conclusion irrational, but before you defame >character, you had better be able to prove it in a civil court, bud. If you think >you can hide behind your lack of logic, think again. Dear Mr. Rocketman, please allow me to take this opportunity to apologize to you and the entire Rocketman family??!!???!! Wait a minute, what kind of name is Rocketman? OHH Gee I think we forgot something; yeah, this is an anonymous discussion forum. You're a Rocketman and I'm a Bird -- get it?>P.S. Did you know they are making excellent progress in treating paranoia. OH NO!!! You dare to criticize my mental competence? How did you draw this conclusion? You had better be able to prove it in a civil court, bud. If you think you can hide behind your lack of logic, think again.Message 5504463 >I have one account and post under one name. I understand you post under 6. Is >that true? Let me offer you a little challenge. If I have posted under any other "alias" on SI , I will give you $10,000 free and clear. If I have not, then you give $1,000,000 to my favorite charity. You have one month to come up with any proof of the above. I would ask you to give less, but I think that is just a portion of what you're group has scammed from investors. There you have it Mr. Rocketman; I have accused you of posting under multiple aliases and you have accused me of posting under multiple aliases. Checkmate. Your move. I will continue my research of internet libel laws concerning accusations of mental illness by an anonymous alias. Now, with that chapter hopefully over, can we now please focus on the issues surrounding DGIV? Our resources on both sides can be better spent on research into topics affecting this stock: Topics such as Manipulation of obscure, thinly traded stocks The following is from the North American Securities Administrators Association, Inc. (NASAA) just so you don't accuse me of plagiarism.Manipulation of obscure, thinly traded stocks. Most commercial bulletin board services allow individuals to post messages not only under an alias... but multiple aliases. Since it may be impossible for another subscriber to ascertain the true identity of the individual behind the message (or even if a series of messages are being entered by just one individual under various aliases), there is enormous potential for manipulation of little-known companies that have a small float (the number of shares available to be bought and sold). Acting alone or with accomplices, one company insider, broker, public relations executive or even just a large shareholder can leave numerous messages calculated to spark interest in an obscure stock. Once a "thread" (in this case, a series of related messages about a stock) is started, it will show up on the computer bulletin board and be readily accessible by anyone who enters the bulletin board. Through a combination of puffery, speculation, and breathless claims of supposedly inside information about pending announcements, product innovations, and new contracts, the schemers seek to run up the price of the stock, which starts rising as unwary investors read of the "great opportunity" and buy shares. In response, the insiders take their shares ("bought at the low, "pre-hype" prices) and sell them into the rising market. As interest builds, dozens of messages may be posted about the stock. When the hype-fueled stock price falters, the promoters may blame unnamed short sellers. Sometimes, losses suffered by the unsuspecting are made even worse by ruthless promoters who urge victims to "dollar average" and keep buying shares, even at the falling prices. Talk of the stock then disappears from the board. Investors who are left holding the bag can do little more than post plaintive messages: "Whatever happened to Company X?" Bird