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Sunday, February 17, 2013 8:17:49 PM
Justin Kuepper • 5 hours ago
If you want to understand how Timothy Skyes makes his "predictions," you can observe how he timed his most recent short of MJNA. Here's how it worked:
Timmy was already in contact with "Infitialis" (an author on Seeking Alpha who writes hit pieces about companies in order to make their stock prices fall) regarding MJNA on Feb. 13th (and, of course, had been in contact with him before this date). For proof, see Timmy's article entitled, "This Penny Stock That Will Crash 30-50% In The Next 2 Days," which was published on Feb. 14th. Timmy (stupidly) mentioned his correspondence with Infitialis in this article. On Feb. 15th right before the market opened, Infitialis published a libelous Seeking Alpha article attacking MJNA and its management team, causing MJNA's stock price to plummet 30% (closed down 22%). As you can easily see, there was no shrewd, analytical stock-trading ability at work here. Timmy simply had prior knowledge of an event (i.e., the publication of Infitialis's libelous article) that would cause shareholders to panic and dump shares. It's pure deception and manipulation, and in this case, because so much of the information in the Seeking Alpha article was so demonstrably inaccurate that the author surely must have known at the time of publication that it was inaccurate, laws were broken and it's going to get some people in trouble. Congratulations, Timmy, you are (literally) a criminal.
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