This thread has been modified to give investors a place to post informative information about the subject of the phenomenon of "Bashers" and
about the subject of what the possible agenda of Bashing may be, that is, if you even believe that they exist in the first place.
PS: It is not our intention to support these kinds of activities. This board should be a place where a new investor or
even a savvy investor can read past posts to learn about these activities so they are aware of it or at least the possibility of its existence.
Other related topics like pump and dump schemes and naked short selling are welcome.
IHub Talk - People
Rules of this board:
First of all, no personal attacks. Please no posts even vaguely making reference to another IHub member
as being a paid basher or engaging in this activity. All such posts will be DELETED per IHub administration request.
Bashing: is a harsh, gratuitous, prejudicial attack on a person, group or subject.
Pumping Mod: is a moderator that pumps or promotes a stock and controls information flow on a particular board.
Altruistic Basher: An individual that has a true concern for the welfare of others and attempts to keep an
unknowledgeable investor away from a security by posting negative information that sheds light on the scam or the pump.
Frolic Basher: An individual that has a negative sentiment for a security and posts on a message board to play with the longs
and the scammers for pure entertainment purposes only.
Defrauded Basher: An individual who realized that "their" stock was a fraud, and partly feels the need to vent, and in addition,
wants to warn others not to make the same mistake.
Dualistic Basher: An individual which was long in a security but then decides to sell the stock. At this point the individual
will switch his or her sentiment on a message board in an attempt to devalue the same stock with the intentions of buying back at a lower price.
(Note: many believe this is a myth.)
Paid Basher: An individual, acting on the behalf of someone else, who attempts to devalue a stock by spreading
false or exaggerated claims against a public company on a message board. After the stock's price has dropped, the basher's employer
will then purchase the stock at a lower price than what he or she believes it is intrinsically worth. The basher is generally paid on the basis
of how many lies and negative rumors are spread, which can dramatically affect a stock's value.
Cybersleuth: is an individual who uses the resources available on the World Wide Web for research. Generally applied to someone who ferrets
out information about organizations, policies and procedures from the abundance of material available on-line.
Pump and dump schemes: involving use of false or misleading statements to hype stocks, which are "dumped" on the public at inflated prices.
Such schemes involve telemarketing and Internet fraud.
Chop stocks: which are stocks purchased for pennies and sold for dollars, providing both brokers and stock promoters massive profits.
Brokers are often paid "under the table" undisclosed payoffs to sell such stocks.
~POSSIBLE REASONS TO BASH~
(numbers based on the survey using 'much' and 'sometimes')
39% • Post because they feel the particular security is being pumped or that they are diluting and want to save the newbie investor.
34% • Just because it is fun to mess with the scammers. (Entertainment purposes)
19% • To prove to the scammers that “I'm” smarter.
Other miscellaneous reasons:
• Short seller.
• Long that sells a security then attempts to use bashing techniques to try to get in lower.
• Were defrauded - see "Defrauded Basher" above.
• Learning experience.
~THE SHORT LIST~
(This is for entertainment purposes only)
Top Twenty Rankings as of October 2007
# Member Stock Closing Price Date Current Price Percent Gain/Loss Comment
01 janice shell PAIM 0.0006 10/20/2007 0.0003 -50.00%
02 BIGJOHN51 PDSS 0.03 10/20/2007 0.0002 -99.33%
(both 01 & 02 stocks above have RSed and took nose dives)
This list is for a basher or someone with a negative sentiment for a particular security that wants to show that his or her call was correct.
It will show how much of a gain or a loss one would have from that point on. PM or post if you want to add a stock to the list. The closing price will be
used unless you insist upon using the current price. It will be updated periodically. There are literally dozens, probably even hundreds
of penny scams out there. This list includes stocks picks that are currently in play.
~PLEASE CHECK OUT THE SURVEYS~