posted
Don't forget that you'll have to give the MM at least .0001 on the spread to sell. Make sure you factor that into your profits. ___________________________
!!!!?
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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posted
With all those big name clients WHERE'S THE MONEY GOING? Maybe offshore like so many of these BB's lately? Or the MM's? Hmmmmmmm... Did you know a several MM's are now part of the SEC enforcement team? Hmmmmmmm...
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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posted
Just this week. I've seen it go down, and then realized that you can't get any buys at .0002. Just at .0001. Seems like it's rigged for the house to win.
JMHO!
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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posted
Sorry, meant to ask how long have you been trading pennies and how long have you been in DDSI? The more we know about your experience the more we might can help you dig.
-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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quote:Originally posted by LeeroyDollar: JIF, Was that your 10000000 that just went through at .0001.
Nope - but I wish it was.
By the way, I just emailed Tony:
Tony,
How are you? I hope this email finds you well. I’d like to begin using the flyer early next week on our www.allstocks.com post. Please let me know if you are comfortable with the wording.
Respectfully
XXX
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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quote:Originally posted by digiwench: This is kinda scary...both here and at Investor's Hub...so sleepy, a few saying "it will take time...just you wait"
But in micro penny land, time is money. What are the clear signs of movement and greater desirability? I'm not bashing, just asking questions.
So many people seemed to have faith in this, people who have faith in BKMP or XKEM. I want to understand more!
Dude, spend an hour on their web site. You'll find everything you need to know.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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posted
Fishfarmer good to see you back. Hope you have made all the green. Looking for a winner. Going to pick up IMNR to add to the bag. Have high hopes BIGN. GL
Posts: 758 | From: FOREST,MS | Registered: Feb 2005
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posted
Looks like about half the volume so far today has been sold at .0001. Perhaps my order * .0001 will go through soon. I've been trying to get back in for a few days now. I'm hesitant to buy at .0002 with this much volumn at .0001.
Posts: 270 | Registered: Apr 2006
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posted
What happened Digi? Did you buy in at .0002 recently and then sell at .0001? I've been trying to figure out what you've been talking about. Why didn't you hold for a while longer?
Posts: 270 | Registered: Apr 2006
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posted
Some of the things people were posting were making me concerned that the management of this company aren't especially interested in helping the share price. Alot of talk about dillution and "shenanigans". The fact it was impossible to find a buyer at the asking price made me wonder if this was a trap. Figured it might be better to take my lickins and go elsewhere to make it up.
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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posted
in all honesty if you don't know anything about trading pennies...well...you shouldn't be doing it. Research and learn before investing, it's the only way to make long term significant money in these kinds of companies.
As for DDSI, go try to find other FULLY reporting companies with strong revenue growth in the pinksheets, that file fully AUDITED financials and see what you come up with. You won't find very many...especially with the kind of client list like DDSI has.
Regular traders are not getting anything at 1, all those trades are doing is bringing down the 200DMA, a little upshoot and the 50 crosses heading up. The accumulation chart doesn't lie...somebody is holding an *ssload of this stock, and they are, you can be sure, doing it for a reason.
Do your own DD before investing though.....I am more than satisfied that this will move up and become (hopefully) profitable by Q1 '07. Don't just trade based on what people are saying on these boards, I know it takes time, but DO THE RESEARCH - you'll turn in to a much happier trader IMO...
Posts: 960 | Registered: Sep 2005
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posted
I know you're probably right. As I said, I'm new and I got incredibly lucky with a 3x ride on XKEM and great percentage increase on BKMP. It's nice to see that kind of $ confirmation come so quickly. I'm not sure I have the funds to commit to this for the long term right now... I'll probably buy some more later after I make some more excess elsewhere. I left 100,000 in for old times sake.
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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quote:Originally posted by beechwood: With all those big name clients WHERE'S THE MONEY GOING? Maybe offshore like so many of these BB's lately? Or the MM's? Hmmmmmmm... Did you know a several MM's are now part of the SEC enforcement team? Hmmmmmmm...
This kind of thing doesn't help.
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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posted
After looking at charts for more than 15yrs. even pennies repeat themselves.
This may stay here for awhile,but it shall rise again unless there are still CD's to convert.
The MM's will always try to get you to sell at the lowest pps possible and then boost the pps when timess change.
If you do not have the patience to wait for the times to change they will be more then happy to take your $$.That is what happened today and may continue for a few more sessions.
As another poster pointed out DDSI is going through changes which when they are over will shoot up.
Wait for Earns or news.It will come and the tide will turn. There are many promotionals that have this on their radar and they cannot all be wrong or have not done their DD.
Posts: 180 | From: Maine | Registered: Apr 2006
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More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest niche charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB / PS. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $22 or at $0.0002. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get. They are merely making the market liquid is their reasoning.
The market makers have created an added complication to the OTCBB's /PS chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB / PS. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB / PS market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling, the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders aren't supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar/cent mark or percent from where the stock started. Could be a fraction of a penny in smaller priced securities. What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB / PS. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would take probably more than a lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB / PS vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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(Limited funds, and I'm going to ride BKMP. In the near term I think it will move faster...but I'll be back. The fundamentals still look good. I just need some play money I can afford to leave simmering for a while.
In the meantime,, thought you all might find this interesting: _________________________________________________
Confessions of a Paid Basher:
Found this in my travels...thought you might be interested. He says he worked on BKMP for a while too.
Confessions of a paid basher Posted: 07 Mar 06 4:04 PM
Today I want to come clean about something I feel very badly about. I cannot undo some of the things I have done, but hopefully this message will prevent other such occurrences in the future.
I am a paid basher.
Yes, it is true. Today is my last day at this company; I'm moving on to a new job. I've realized that there are more dignifying jobs out there that can pay me equally as well. But before I go, I want to explain a few things because this just isn't right and I won't feel good about myself until I expose this sham. It's hurt too many people and I don't want it on my conscience anymore. I can no longer live with a lie.
I work for a company called Global Calumny Funds in Stamford, CT. Basically, it's a Boiler Room much like the one in the movie of the same name. The idea behind my group is to bash the price of a company's stock down low enough to where the group of investors who retained our company's services can buy the stock really cheap and perhaps even take it over all together.
There are approximately 70 people at the company divided into several groups. My group, consisting of 5 people, is responsible for IDWD. While I probably shouldn't give any names of anyone working here now, what the heck, I'm leaving here, so what can they do? sue me? Ha! I can tell you that laptoptrader and janice shell were part of my group until he left last week, as was ninaturtle. Others who have been part of this include early bashers like hard data and Investorman. You may be interested to know that some hypsters, such as MONEYMADE and even Datatech!!, have also been part of the scam (more on that later).
There are several companies engaged in the bashing business, ours is not the only one. However, I can tell you that not every basher in here is a paid basher. Having done this for a year, I can usually tell who is a paid basher and who is merely someone having a little fun. While unpaid bashers have a different motive than someone like me, they can be unwilling accomplices to helping me achieve my ultimate goal and they also spread rumor and confusion throughout a room, which also helps me.
What is that goal? Well, I am merely a cog in a much larger machine, so my bosses never really explained the big picture to me, but I'd say essentially, Shaddowwatch2oo3 was right. There are several companies who are quite familiar with Jim Bishop and Janice Shell and who are deathly afraid of them.
There are three types of bashers here at Global Calumny Funds: Advanced, Intermediate and Beginner. An Advanced-level basher (also known as a Silver Tongued Devil) would spread false or misleading information about the company.
They would deal in facts, countering every longs post with articles, news reports and opinion surveys that gave a negative impression about the company.
An Intermediate-level basher (also known as a Serpent) would try to weasel their way into the confidence of longs and create doubt using rumor or innuendo.
Finally, a Beginner-level basher (also known as a Pitchfork) would attempt to create confusion in the room by distracting other posters with satire, name calling and pointless arguments. The idea was to make sure no serious discussion of the stock could take place. A Pitchfork was usually a basher, but not always. Sometimes, we would throw in a hypster Pitchfork such as MONEYMADE and laptop and a pumper like Datatech to create the illusion of an argument going on. What was really funny (in a perverse way, I guess) was that Datatech and I sat next to each other, laughing the whole time.
I was a Serpent basher, because I am known for effective bashing based on solid facts and truth. I was paid a base wage of $18 an hour for my services. I was given a $1.25 bonus for every decent quality post over 100 per day as well as a monthly bonus of $100 for every penny the stock had dropped from the previous month. I was also paid a bonus for bashing on weekends. While this may not sound like much, I made a decent, though dishonorable, paycheck plus a nice Laptop with free wireless internet connection.
Each of us sat in a small half-cubicle in a cluster with our teammates. Each group (usually five people) was made of three beginners (two who would bash and one who would hype), one intermediate and one advanced level basher. Occasionally for some of the hotter stocks, one of the beginners would be replaced by an intermediate depending on how much the stock was rising. IDWD was a low-level stock, meaning it got the 3-1-1 configuration.
Honestly though, somehow, I get the feeling that WV Hillbilly may have worked for a basher company or knows someone who does because the fund websites he occasionally posts is eerily similar to our employer's websites. While not exact, I'd say it is about 90 percent the same. We do have certain rules that we follow.
First, we have to develop a character and stay within that character in order to build a "following." My character, "FogOfWar," was a humorous, sarcastic, obnoxious supporter of free speech and loved to portray himself as a truth-telling superhero, but only when it came to bashers.
Next, we had to follow certain guidelines on what we could say. We were urged to have an "answer" to every long's question, but we were to frame that answer in a way that ridiculed the questioner for asking such a question. However, we were never to use profanity or vulgarity because that would cause people to ignore us. We were to make fun of people, but in a civil way. The idea was to get "play," i.e. reaction from other posters. The more play we got, the more the room would be disrupted. Ignored posters get no play. One exception would be the hypsters since they were "defending" the stock against our onslaught, they got a little more leeway. People would side with the hypster because they thought he was real since he appeared to be on their side, but was really on ours, setting us up to disrupt the room. MoneyMade was quite good at this and gets paid very well.
I've worked on IDWD, VLO, AGII, QBID, BKMP for a few months now. In addition to the FogOfWar alias, I've used a few others on several other boards as well. I've used so many aliases that I can not remember the monikers or the passwords. I honestly lost track of everything. I stuck with FogOfWar because it was the one that got the most play from other posters.
In closing, I feel absolutely terrible about this. It's just awful how I've been part of a scam designed to cheat honest, hard-working people out of their investments all for the benefit of a few wealthy people who already have enough money to last a lifetime.
These greedy people MUST be stopped. That's why I'm posting this before I leave. I want to make up for some of the damage I've done. I can't live with this lie anymore. You can't imagine how hard it is to look at myself in the mirror each morning knowing my job is to cheat and lie.
I have to go now, I'm too broken up to continue. I hope this confession can make up for my sordid deeds; I would urge everyone who reads this to inform as many people as you can. Only by shining the light of truth can we drive these rats back into the darkness from whence they came. Believe me, they don't want publicity.
Good luck and I hope all of you the best in your investment endeavors.
motzu 95 posts Joined 1/29/2006
Re: Confessions of a paid basher Posted: 08 Mar 06 4:44 AM
How to recognize Stock bashers on Message boards, newsgroups and in chat rooms.
LEARNING is a process and an evolution. Learning is not all fluff. Learning is a process of awareness and unfolding development; one must be willing to work at it though.
A year ago when I asked broker friends of mine if the internet message boards will have any affect on a stock. They ALL laughed at me and said those idiots having an affect on a stock?
A truth: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO INFORM PEOPLE INTO BUYING A STOCK.
Well I asked those same friends this last week, and the answer from all YES! message boards and "shorts" (some) can manipulate with lies, and deceit.
Now think about that, you have elderly that invest and find their way to the message boards only to see false posts about "SEC Violations" and "Class action suits" or you have a Yuppie with a kid to put in college going to these message boards only to see posts by 15-20 (probably 5 or 6 under alias) "pack of shorts" posting the same false stuff about SEC Violations or lawsuits or "there's bad news coming out" ....what do you think they will do ?
It's easier to sell the stock and put the money into the bank for nervous people like the elderly and the Yuppie who needs college funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet on a stock to go down-not up! Understand? And they have just as much money and risk as you. But they have the edge of fear, lies, falsehoods to post and pray on the nervous. Longs don't have that.
Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board for stocks with no potential. They never have any bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The basher will post this over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't bash. They try to control the board. True longs may have to address the bashers or they will appear to the newbies as being the people with all the information.
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The truth on startup companies is that many mistakes are made and losses happen. The basher will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast.
Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the statements they do.
Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn't know the difference (unless you have done your assessment of the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. YOU have held a penny stock for a while. You knew it will be a big penny stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's when the basher is best. You are tired. You have forgotten the goal for the penny stock was to hold it for one year. The basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a basher as well. THE BASHER HAS WON, AND GAINED A NEW PARTNER TOO, to be able to get in at a great price.
Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out.
Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER STOCKHOLDERS. A typical trick of an advanced basher is to propose that there is a potential "problem" because "we" don't have the facts on a particular subject. The basher dares someone in the group to find out the answer to the question. The basher already knows the answer; the basher already knows what will be found. The power of this tactic is that the basher is now in control of the actions of the stockholders; the basher has you, the stockholder doing HIS/HER due diligence and when you, the stockholder come back to the group with a questionable finding then the basher gains credibility. What to do??? Solution??? Well, I think it's important to find answers but on your own terms. I actually pick up the phone and call the company and talk to the investor relations person or the CEO until I get a satisfactory answer. The problem here is that the advanced basher has you doing his bidding and his work; you have essentially joined his ranks. So, develop your own little Due Diligence package and answer questions by placing the information into the package and referring all new investors to read the answers to questions raised in the Investor Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO A PERSONALITY CONTEST.
A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do not underestimate a bashers influence on a stock. The Pro's are good at what they do and what they do is profit from your losses. Below is their "hand-book" so to speak. Learn from it or donate your money to those who make an organized plan to steal your money!
BASHERS DO THE FOLLOWING: 1. Be anonymous 2. Use 10% fact. 90% suggestion. The facts will lend credibility toyour suggestions. 3. Let others help you learn about the stock. Build rapport and a support base before initiating your bashing routine. 4. Enter w/ humor and reply to all who reply to you. 5. Use multiple ISP's, handles and aliases. 6. Use two (2) or more aliases to simulate a discussion. 7. Do not start with an all out slam of the stock. Build to it. 8. Identify your foes (hypsters) and the boards "guru" Use them to your advantage. Lead them do not follow their lead. 9. Only bash until the tide/momentum turns. Let doubt carry it the rest of the way. 10. Give the appearance of being open minded. 11. Be bold in your statements. People follow strength. 12. Write headlines in caps with catchy statements. 13. Pour it on as your position gains momentum. Not your personality. 14. Don't worry about being labeled a "basher". Newbies won't know your history. 15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers. 16. Your goal is to limit the momentum of the run. Not to tank the company or create a plunge in the stock; be subtle and consistent. 17. Kill the dreams of profits, not the company or the stock. 18. Use questions to create critical thinking. Statements to reinforce facts. 19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY. 20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings. 21. Discourage people for taking the companies word for anything. Encourage them to call the company. They won't out of laziness. 22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts. 23. If the price rises blame it on the hype or the PR, temporary mass reaction, the market, etc. Anything but the stock itself. 24. If other posters share your concerns, play on that and share theirs too. 25. Always cite low volume, even when it's not. 26. Three or four aliases can dominate a board and wear down the longs. 27. Bait the hypsters into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts. Show them the facts from a "different angle." 28. Promote other stocks that would-be investors can turn to instead of the one your bashing. 30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules.
GRADE YOUR FAVORITE BASHER:
Advanced Basher: Will join the message board early and actually "pump" the stock with positives; this basher is very intelligent, has the facts of the company, actually helps longs with Due Diligence and generally gets the confidence of the stockholders. Then, when the stock hits their price, the tone will change and they will start asking longs to check into this and check into that. The seeds of doubt are being planted. This basher will then start using all the tactics listed on this page to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT THE MESSAGE BOARD. An honest person will have a positive track record that can be followed. I strongly believe that a contrary view is needed but this person is out to steal your money and does it by deception and creates fear after gaining confidence! BEWARE, this is the most clever basher and the hardest to spot.
Grade A Basher: Posts lots of old news, responds to all positive posts with a negative side. Never responds to being called a basher, never posts on another board. Can spend up to 80 hours a week bashing a stock.
Grade B Basher: Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.
Grade C Basher: Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when bashers rules say not to get excited, spends about 40 hours a week.
Grade D Basher: Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week. Grade F Basher: A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule.
WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some bashers are compelled to bash because they are inherently a part of the dark side of life so they must do it. It's a sad fact but never the less, a fact. It's life so you must learn how to deal with it or become a victim!
LEARN ABOUT HOW STOCK BASHERS WORK: how they are paid: (this was written by a basher) I know the following from a "friend" who needed extra money. I never answer a basher directly because I then become a basher's little money machine. IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers you give them an opportunity to earn 5-7 bucks. The service agreement they enter into with their employer states their messages will be monitored for content, profanity, lies, etc. but Money Manager's and the like don't have the time to check all their bashers messages. Only occasional spot checks are done. Those who manage the basher will generally read the headlines to see if a basher is replying to other posters by name. That tells them the basher isn't just "posting blindly" or repeating the same message over and over since they won't pay for those. A basher will attempt to milk three to five replies per post at one to two dollars each. This way the basher spreads negative influence to as many stockholders as possible. A basher will create this discussion thread because it takes less time reading more messages than is necessary. This ultimately allows the basher more time to post and make money. In general, NEVER ENGAGE A BASHER. Make them read all the posts and think up ways to enter the discussion.
NEVER ENGAGE A STOCK BASHER; if you do so then YOU BECOME THE BASHER'S AID!
Read the news, do your own homework and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up which will be followed by the Bashers and those that missed the boat. The bashers will trash the stock by saying such things as "it's a Pump and Dump" and "the company is lying" and deceiving. There goal is to scare off newbies and potential new investors by "shaking" you out of your shares. Take the time to confirm your Due Diligence, ,trust your own judgment and believe in yourself, pick your point of return or loss and live with it. Don't listen to hype or bashers and live by the rules you have created.
-------------------- Don't blame me...I'm just a tourist! Posts: 47 | Registered: Jun 2006
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Digi, that "Paid Basher" is a hoax from long ago. There is also one out there from an ex-MM. Both hoaxs.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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and ya, FogofWar on record for being embarassed that some peeps took his ripoff parody of the famous Firebird hoax as serious... In the Firebird version, seems like the firm's acronym spelled out "F.A.K.E"
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It'smarket action that counts always.Everything else is of little consquence.
what is worth knowing is when there is real buying and when it's deceptive.It only comes with experience though.That is why the action now is not of much value.It's chump change that is going through.When you see consecutive days of 250Mil.Shrs. traded and it's not moving you'll know it real and time to get in.JMO
DDSI is a waiting game,but I have my confidence that it will go up.When is the Q!
Posts: 180 | From: Maine | Registered: Apr 2006
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NEVER ENGAGE A STOCK BASHER; if you do so then YOU BECOME THE BASHER'S AID! That is why I out them on iggy!
Posts: 180 | From: Maine | Registered: Apr 2006
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Personally I don't ever see this breaking .0004 again. The management just doesn't seem to care about the pps, nor the shareholders. If you can flip between .0001/.0002 and .0003 you're doing well with this one. This is dead money, imo. I'm not bashing, just stating my opinion.
Posts: 630 | Registered: Jun 2006
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IMO, you may consider this "dead" money, but I still say its money. Fully audited at that!
SEA GIRT, N.J., May 19, 2006 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (Pink Sheets:DDSI), an industry leader in the development of Homeland Security related products, today announced results for the period ending March 31, 2006. Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of $148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the same period in 2005. All numbers are fully audited.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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