MARKET SCAMS

[Stock Lobster]

Good post on how the game is rigged:


Posted by: XXXX
In reply to: XXXX, who wrote msg# 57267
Date:8/27/2006 5:36:37 PM
Post #of 57285

Diluting is one way. What needs to be understood is, the real players do not just make money in one way - they make money EVERY way.

1. They convert cheap and dump into the pump

2. At the top of the chart, they turn around and short it from offshore

3. They get cover from the "acquisitions" - which are usually bogus. The shares issued by the companies to pay for these "acquisitions" are dumped into the market, which profits the company. Further, it destroys the share price, allowing a cheap cover for the short positions. Watch out for all of these "acquisitions" and "spinoffs" - remember how Rufus said some would fail? There you have it.

4. They can also play amazing tricks with preferred shares, reg E's and D's - but it's extremely complicated, and I am only beginning to learn that game.