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

To: Arcane Lore who wrote (360)	8/24/1998 6:23:00 AM
From: Bill Ulrich	Read Replies (1) \| Respond to of 461

LOL! Great point&#151although unfortunately lost on our illustrious penny stockers. How they survived Darwin, I do not know. "It doesn't take a lot of money to make nothing look like something on the Web&#133they can make something that's a total fraud look legitimate&#133" magneticdiary.com -MrB &#147&#133were the point any more blunt, it would be a butterknife&#133&#148

To: Arcane Lore who wrote (360)	8/24/1998 3:18:00 PM
From: DOC	Read Replies (1) \| Respond to of 461

A few posts from the FBNA thread that belong here, DOC Message 5565474 techstocks.com

To: Arcane Lore who wrote (360)	8/21/1999 8:49:00 AM
From: Arcane Lore	Read Replies (2) \| Respond to of 461

While the SI member referenced in the following article was operating outside of SI at the time and, in fact, rarely posts to SI these days (most recent post was on June 7, 1999), the article IMO still seems relevant to this thread. Note that the stock in question trades on NASDAQ, not the OTCBB. Internet Chat Rooms Send Stock Prices on a Wild Ride By GRETCHEN MORGENSON (NY Times) NEW YORK -- Online stock traders, goaded by an Internet chat room leader, commandeered the shares of an obscure company last week, taking it on the kind of roller-coaster ride that veteran traders worry may harm investors and undermine faith in the overall stock market. Shares of Information Management Associates, which owns a fledgling Internet shopping site, soared from $4.0625 to a high of $14 before finishing the week below $10 in unusually heavy trading. Driving the stock upward was Tokyo Joe, ... nytimes.com Thanks to gringodoc on the A@P thread ( #reply-11026678 ) for spotting this article.