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thank you for this reading wayne
Well, someone gave me this and I think it belongs here
BREAKDOWN WIT PINKS TO MAKE MORE DOE RE ME CAUSE SEC CLAMPING DOWN LIKE 15 YRS AGO.
MOST WENT NIL AFTER SEC HALTED TRADING IN MANY
HI WAYNE READING YOUR STUFF
so, who was the "Wendy" in the dateline story?
Google searches in Nov 2007 reveal very little information, which may or may not be accurate
So sources say it was a photo from a European "adult" website of a "model" who goes by the name "Angel"
http://www.witiger.com/ecommerce/hackersvideo2.htm
Prof. W. Tim G. Richardson is a full-time Professor at Seneca College, and concurrently teaches at the University of Toronto.
Do you know 'Wendy Kenson'?
Seeded on Mon May 24, 2010 2:43 PM EDT (msnbc.com)
Cassandra-2495068
I do recognize this picture! These pics were being passed around yahoo messanger chat. A few years ago I recieved thses pictures from someone saying that this is her. I wish I could give you more info.
#1 - Sun Oct 10, 2010 11:02 PM EDT
http://dateline.newsvine.com/_news/2010/05/24/4343734-do-you-know-wendy-kenson
http://www.msnbc.msn.com/id/17821450/ns/dateline_nbc-to_catch_an_id_thief/t/do-you-know-wendy-kenson/
THE DEADLY ART OF STOCK MANIPULATION... (MTA) Add Favourite
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cableguy00 - 16 Oct'08 - 23:41
THE DEADLY ART OF STOCK MANIPULATION...
In every profession, there are probably a dozen or two major rules. Knowing them is what separates the professional from the amateur. Not knowing them at all? Well, let’s put it this way: How safe would you feel if you suddenly found yourself piloting (solo) a Boeing 747 as it were landing on an airstrip? Unless you are a professional pilot, you would probably be frighten out of your wits and would soil your underwear.
Hold that thought as you read this essay because I will explain to you how market manipulation works. What the professionals and these securities regulators know and understand, which the rest of us do not, is this.
"RULE NUMBER ONE:
ALL SHARP PRICE MOVEMENTS -- WHETHER UP OR DOWN --ARE THE RESULT OF ONE OR MORE ( USUALLY A GROUP OF PROFESSIONALS MANIPULATING THE SHARE PRICE."
This should explain why a mining company finds something good and" nothing happens" or the stock goes down. At the same time, for NO apparent reason, a stock suddenly takes off for the sky! On little volume! Someone is manipulating that stock, often with an unfounded rumour. In order to make these market manipulations work, the professionals assume:
(a) The Public is STUPID
(b) The Public will mainly buy at the HIGH
(c) The Public will sell at the LOW. Therefore, as long as the market manipulator can run crowd control, he can be successful. Let's face it:
The reason you speculate in such markets is that you are greedy AND optimistic. You believe in a better tomorrow and *NEED* to make money quickly. It is this sentiment which is exploited by the market manipulator.
He controls YOUR greed and fear about particular stock. If he wants you to buy, the company's prospects look like the next Microsoft. If the manipulator wants you to desert the sinking ship, he suddenly becomes very guarded in his remarks about the company, isn't around to glowingly answer questions about the company and/or GETS issued very bad news about the company. Which brings us to the next important rule.
"RULE NUMBER TWO:
IF THE MARKET MANIPULATOR WANTS TO DISTRIBUTE (DUMP)HIS SHARES, HE WILL START A GOOD NEWS PROMOTIONAL CAMPAIGN.
" Ever wonder why a particular company is made to look like the greatest thing since sliced bread? That sentiment is manufactured. Newsletter writers are hired -- either secretly or not -- to cheerlead a stock. PR firms are hired and let loose upon an unsuspecting public. Contracts to appear on radio talk shows are signed and implemented. Stockbrokers get "cheap" stock to recommend the company to their "book" (that means YOU, the client in his book).
An advertising campaign is rolled out (television ads, newspaper ads, card deck mailings). The company signs up to exhibit at "investment conferences" and "gold shows" mainly so they can get a little "podium time" to hype you on their stock and tell you how "their company is really different" and” not a stock promotion."
Funny little "hype" messages are posted on Internet newsgroups by the same cast of usual suspects.
The more, the merrier. And a little "juice" can go a long way toward running up the stock price. The HYPE is on. The more clever a stock promoter, the better his knowledge of the advertising business. Little gimmicks like "positioning" are used. Example: Make completely unknown company look warm and fuzzy and appealing to you by comparing it to a recent success story, Diamond Fields or Bre-X Minerals. That is the POSITIONING gospel, authored by Rise and Trout (famous for "Avis: We Want To Be #1" and "We Try Harder" and other such slogans). These advertising/PR executives must have stumbled onto this formula after losing their shirts speculating in a few Canadian stock promotions! The only reason you have been invited to this seemingly incredible banquet is that *YOU* are the main course.
After the market manipulator has suckered you into "his investment," exchanging *HIS* paper for *YOUR* cash, the walls begin to close in on you.
Why is that?
"RULE NUMBER THREE:
AS SOON AS THE MARKET MANIPULATOR HAS COMPLETED HIS DISTRIBUTION (DUMPING) OF SHARES, HE WILL START A BAD NEWS OR NO NEWS CAMPAIGN."
Your favourite home-run stock has just stalled or retreated a bit formats high. Suddenly, there is a news VACUUM. Either *NO* news or *BAD* rumours.
I discovered this with quite few stocks over the years.
I would get LOADS of information and "hot tips." All of a sudden, my pipeline was shut-off. Some companies would even issue a news release CONDEMNING * me* "We don't need 'that kind of hype’ referring to *me!).
Cute, huh? When the company wanted fantastic hype circulated hither and yon, there would be someone there to spoon-feed me. The second the distribution phase was DONE....ooops! Sorry, no more news. Or, "I'm sorry. He's not in the office." Or, "He won't be back until Monday." The really slick market manipulators would even seed the Internet newsgroups or other journalists to plant negative stories about that company. Or start a propaganda campaign of negative rumours on all available communication vehicles. Even hiring a "contraries" or” special PR firm" to drive down the price. Even hiring someone to attack the guy who had earlier written lowingly about the company.
( *This is not a game for the faint-hearted! *)
You'll also see the stock drifting endlessly. You may even experience a helpless feeling, as if you were floating in outer space without a lifeline. That is exactly HOW the market manipulator wants you to feel. See Rule Number Five below. He may also be doing this to avoid the severe disappointment of a "dry hole" or a "failed deal." You'll hear that oft-cried refrain, "Oh well, that's the junior minerals exploration business... very risky!" Or the oft-quoted statistic, "Nine out of 10 businesses fail each year and this IS a Venture Capital Start-up stock exchange." Energis don’t make me laugh it’s going bump!
So, how do you know when you are being taken? Look again at Rule #1.Inside that rule, a few other rules unfold which explain how a stock price is manipulated.
"RULE NUMBER FOUR:
ANY STOCK THAT TRADES HUGE VOLUME AT HIGHER PRICESSIGNALS THE DISTRIBUTION PHASE."
When there was less volume, the price was lower. Professionals were
accumulating. After the price runs, the volume increases. The professionals bought low and sold high. The amateurs bought high (and will soon enough sell low). In older books about market manipulation and stock promotion, which I've recently studied, the mark-up price referred to THREE times higher than the floor.
The floor is the launch pad for the stock. For example, if one looks at the stock price and finds a steady flat line on the stock's chart of around £1.20, then that range is the *FLOOR*. Basically, the mark-up phase can go as high as the market manipulator is capable of taking it. From my observations, a good mark-up should be able to run about five to ten times higher than the floor, with six to seven being common.
The market manipulator will do everything in his power to keep you
*OUT OF THE STOCK*
until the share price has been marked up by at least two-three times, sometimes resorting to "shaking you out" until after he has accumulated enough shares. Once the mark-up has begun, the stock chart will show you one or more spikes in the volume -- all at much higher prices (marked up by the manipulator, of course). That is DISTRIBUTION and nothing else.
WHENEVER you see HUGE volume after the stock has risen on a 75 degree angle, the distribution phase has started and you are likely to be buying in at the top
Successful short-term speculators generally exit any stock run up when the volume soars; amateurs get greedy and buy at those points.
"RULE NUMBER FIVE:
THE MARKET MANIPULATOR WILL ALWAYS TRY TO GET YOU TO BUY AT THE HIGHEST, AND SELL AT THE LOWEST PRICE POSSIBLE."
Just as the manipulator will use every available means to invite you to "the party," he will savagely and brutally drive you away from "his stock" when he has fleeced you. The first falsehood you assume is that the stock promoter *WANTS* you to make a bundle by investing in his company.
So begins a string of lies that run for as long as your stomach can take it. You will get the first clue that "you have been had" when the stock stalls at the higher level. Somehow, it ran out of steam and you are not sure why. Well, it ran out of steam because the market manipulator stopped running it up.
It's over inflated and he can't convince more people to buy. The volume dries up while the share price seems to stall.
LOOK AT THE TRADING VOLUME, NOT THE SHARE PRICE!
When earlier, there may have been 500,000 shares trading each day foreight out of 12 trading days (as in the case of Software Control Systems), now the volume has slipped to 100,000 shares (or so) daily. There are some buyers there, enough for the manipulator to continue dumping his paper, but only so long as he can enlist one or more individuals/services to bang his drum. He may continue feeding the promo guys a string of "promises" and” good news down the road." (Believe me, this HAS happened to me!) But, when the news finally arrives, the stock price goes THUD! This is entirely orchestrated
"RULE NUMBER SIX:
IF THIS IS A REAL DEAL, THEN YOU ARE LIKELY TO BETHE LAST PERSON TO BE NOTIFIED OR WILL BE DRIVEN OUT AT THE LOWERPRICES."
"If there's some easy money lying around, no one is going to force it into your pocket." The same concept can be more clearly understood by watching the trades. When a market manipulator wants you into his stock, you will hear *LOUD* noises of stock promotion and hype. If you are "in the loop," you will be bombarded from many directions. Similarly, if he wants you out of the stock, then there will be orchestrated rumours being circulated, rapid-fired at you again from many directions. Just as good news may come to you in waves, so will bad news.
You will see evidence of a VERY sharp drop in the share price with HUGE volume. That is you and your buddies running for the exits. If the deal is really for real, the market manipulator wants to get *ALL OF YOUR SHARES* or as many as he can... and at the lowest price he can.
Whereas before, he wanted you *IN* his market, so he could dump his shares to you at a higher price, NOW when he sees that this deal *IS* for real, he wants to pay as little as possible for those same shares... YOUR shares which he wants to you part with, as quickly as possible.
The market manipulator will shake you out by DRIVING the price as lows he can. Just as in the "accumulation" stage, he wants to keep everything as quiet as possible so he can snap up as many of the shares for himself, he will *NOW* turn down, or even turn off, the volume so he can repeat the accumulation phase.
The accumulation phase was TOP SECRET. The noise level was deadingly silent. As soon as the insiders accumulated all their shares, they let *YOU* in on the secret. 8mil will do for starters:
"RULE NUMBER SEVEN: CONVERSELY, YOU WILL OFTEN BE THE LAST TO KNOW WHEN THIS DEAL SHOWS SIGNS OF FAILURE."
Twenty-twenty hindsight will often show you that there was a "little stumble" in the share price, just as the "assays were delayed" or the” deal didn't go through." Manipulators were peeling off their paper to START the downslide. And ACCELERATE it.
The quick slide down makes it improbable for your getting out at more than what you originally paid for the stock... and gives you a better reason for holding onto it "a little longer" in case the price rebounds. Then, the drifting stage begins and fear takes over. And unless you have serves of steel and can afford to wait out the manipulator, you will more than likely end up selling out at a cheap price. For the insider, market maker or underwriter is obliged to buy back aloof your paper in order to keep his company alive and maintain control of it. The less he has to pay for your paper, the lower his cost will be to commence his stock promotion again... at some future date. Even if his company has no prospects AT ALL, his "shell" of a company has some value (only in that others might want to use that structure so they can run their own stock promotion). So, the manipulator WILL buy back his paper.
*He* just wants to make sure that he pays as little for those shares as possible.
"RULE NUMBER EIGHT:
THE MARKET MANIPULATOR WILL COMPEL YOU INTO THESTOCK SO THAT YOU DRIVE UP ITS PRICE SHARES."
Placing a Market Order or Pre-Market Order is an amateur's mistake, typifying the US investor -- one who assumes that thinly traded issues are the same as blue chip stocks, to which they are accustomed. A market manipulator (traders included here) can jack up the share price during your market order and bring you back a confirmation at some preposterous level. The Market Manipulator will use the "trades" against you.
He will keep buying up his own paper to keep you reaching for a higher price.
He will get in line ahead of you to buy all the shares at the current price and force you to pay *MORE* for those shares. He will tease you and *MAKE* you reach for the higher price so you "won't miss out." Miss out on what? Getting your head chopped off, that's what! One can avoid market manipulation by not buying during the huge price spikes and abnormal trading volumes, also known as chasing the stock to a higher price.
"RULE NUMBER NINE: THE MARKET MANIPULATOR IS WELL AWARE OF THE MOTIONS YOU ARE EXPERIENCING DURING A RUN UP AND A COLLAPSE AND WILL PLAY YOUR EMOTIONS LIKE A PIANO."
During the run up, you *WILL* have a rush of greed which compels you to run into the stock. During the collapse, you WILL have a fear that you will lose everything... so you will rush to exit. See how simple it is and how clear a bell it strikes? Don't think this formula isn’t tattooed inside the mind of every manipulator. The market manipulator will play you on the way up and play you on the way down. If he does it very well, he will make it look like someone else's fault that you lost money!
Promise to fill up your wallet?
You'll rush into the stock?
Scare you into losing every penny you have in that stock?
You'll run away screaming with horror!
And vow to NEVER, ever speculate in such stocks again.
But many of you still do.... The manipulator even knows how to bring you back for yet another play. What actors! No wonder Vancouver is sometimes called "Hollywood North."
"FINAL RULE: A NEW BATCH OF SUCKERS ARE BORN WITH EVERY NEW PLAY."
The Financial Markets are a Cruel, Unkind and Dangerous Playing Field, one place where the newest amateurs are generally fleeced the most brutally.... usually by those who *KNOW* the above rules.
Just as 1 have a duty to ensure that each of you understand how this game is played, *YOU* now have that same duty to guarantee that your fellow speculator understands these rules.
Just as I would be a criminal for not making this data known to you, *Raven* would be just as criminal to keep it a secret.
There will always be an unsuspecting, trusting fool whom the rabid dogs will tear to shreds, but it does *NOT* have to be this way.
IF every subscriber made this essay broadly known to his friends, acquaintances and family, and they passed it on to their friends, word of mouth could cause many of these market manipulators to pause.
IF this effort were done strenuously by many, then perhaps the financial markets could weed out the crooked manipulators and the promoters could bring us more legitimate plays.
The stock markets are a financing tool. The companies BORROW money from you, when you invest or speculate in their companies.
They want their share price going higher so they can finance their deal with less dilution of their shares... if they are good guys. But, how would you feel about a friend or family member who kept borrowing money from you and never repaid it?
That would be theft, plain and simple. So, a market manipulator is *STEALING * your money.
Don't let them steal the fast profits X company is going to give you over the coming days/weeks/months even years with the banks backing.
Sakamuka - 17 Oct'08 - 08:42 - 1 of 2
Cable - Great essay!!
Next time I'm on a 747....you can be my pilot!
Saka
K1ng_Rob - 17 Oct'08 - 08:44 - 2 of 2
Yes, sadly that is true.
And I am the poorer for it.
Post an article on this thread:
http://uk.advfn.com/cmn/fbb/thread.php3?id=18275811
young
agressive
nice
chick
PLEASE!!
Thanks. "Wendy" of "Dateline NBC" fame I think nearly fits the profile you described:
http://www.msnbc.msn.com/id/17938789/
Oh where art thou?
http://investorshub.advfn.com/boards/profile.asp?user=54234
Interesting question.
I think people, posters, would be less agressive towards a "female"
The old guy, well people would probably tire of his rantings quickly, since it is old guys that lead a financial crisis. WTF do they know?
message board history has shown that people will follow a teenage boy, several examples. Also some guy that runs a taco stand, another that owns a gas station, and a third, well, I dunno what the hell he did, but he was a big dog.
So what would the pumper crews respond to, I suppose that was the question..........
I suppose, if I was to create an alias, it would be a 17 year old chick, immigrant from....... Korea......that.......runs a hot dog stand (in the evenings).........sets it up telling every guy on Ihub how great their picks are...........Create a thread... steal a few picks after the fact..... write messages like this........ add spewing mesteaks........
Before you know it, you are in business.
Wayne -- do you think, in general, the pumper crews would rather have a nice, young chick in charge (moderating)
of a cult single stock message board to pump a stock?
Or an egotistical, always right, attack the naysayers, old guy that will beat people with knowledge and experience?
I realize there is a wide spectrum in between.
But in general
-- chick or dude?
-- young or old?
-- nice or aggressive?
Thanks.
p.s. I realize that dudes can hide behind a female alias. Sure seems like the chicks can catch the fish when it comes to message boards I have been reading lately.
Actually, this thread was never created for discussion purposes. I created it to post a story. Doesn't matter, fine by me if you want to discuss the "black art" others take.
Oh, the original story...... is a work of fiction. The Society For The Protection Of Animals monitored the story and no sheep were actually subject to any financial harm during it's writing.
All stocks are shit
For insight into iHub's "membermarks obsession" >>
http://investorshub.advfn.com/boards/msgsearch.asp?txt2find=membermarks
There are certain aliases with more of these membermarks than other posters that use this variance as a message to belittle other users --
In other words, it's a vehicle for personal attacks.
But this is part of the operator's mentality. And useful for one of the many "personalities" used to push the varying agendas in the life cycle of a promotion, or a short and distort campaign.
Some of the more skillful operators use the private message feature to attack other posters. Because they know that most public messages will be trapped and removed. But not all are. There's plenty of public evidence of that.
This is the "Black Arts" thread for discussion of the methods stock operators use to pound their message out.
=================
There may be members that mark themselves by generating multiple free aliases (that they don't use to post any messages -- to avoid getting the free account(s) booted).
Here's the question and a bit more information since your original post #msg-29464205 that raised the question:
Posted by: fenian32 Date: Wednesday, May 21, 2008 8:18:07 AM
In reply to: None Post # of 58
Could we name and shame some of those pumpers, you know the ones that have given themselves 100 boardmarks all with there own aliases. ??
---------------------------------
So, I asked the Admins.
I had no reply from an Admin, but it did generate some discussion:
Posted by: The Cap'm Date: Thursday, May 22, 2008 7:55:21 PM
In reply to: IH Admin [Matt] who wrote msg# 110320
Matt, Here's a fun question:
Apparently, aliases with no posts are allowed to PeopleMark other iHub aliases. I am reading public posts on your web site that say the reason some people create multiple free aliases with no posts is to simply PeopleMark their premium alias -- or other special people -- to multiple favorites lists, BoardMark certain message boards, then logout and begone with these free accounts.
Do you think this this true?
Also, have you all considered the possibility of requiring that all aliases make AT LEAST ONE POST before they are allowed to use certain features of the web site? Like PeopleMarks and BoardMarks.
And finally, when an alias is booted, are all their BoardMarks and PeopleMarks terminated as well?
Thanks. And have a great evening.
--------------------------
Posted by: Churak Date: Thursday, May 22, 2008 7:59:17 PM
In reply to: The Cap'm who wrote msg# 111296
And finally, when an alias is booted, are all their BoardMarks and PeopleMarks terminated as well?
A few months ago, those aliases that were terminated had the PEOPLEMARKS that they had placed removed...I don't know if it is now automatic or a one shot deal...
--------------------------
Posted by: The Cap'm Date: Thursday, May 22, 2008 8:00:16 PM
In reply to: Churak who wrote msg# 111298
That sounds like an improvement. Thanks, Churak.
--------------------------
Posted by: TavyCal Date: Thursday, May 22, 2008 7:57:21 PM
In reply to: The Cap'm who wrote msg# 111296
example? please link
Howsa about they verify e-mail? huh
--------------------------
Posted by: The Cap'm Date: Thursday, May 22, 2008 8:02:39 PM
In reply to: TavyCal who wrote msg# 111297
verify email and iHub alias, those would be two different things, wouldn't they?
I have 5 email accounts. But I only have 1 iHub alias.
----------------
All that to say, if you have something to add to the topic of members who sign up with multiples to generate more marks, please feel free to add your thoughts.
The difference between a call or pick...and a pump and dump.
Most people think a pump and dump exists only when an issuer pumps up his stock to sell into the run.
Issuers are not the only source of this acronym, the pump and dump. It has more than one form.
A call or pick, is when you actually do some due diligence into the company and it's operations. Project the companies future performance, and predict a level, up or down that you believe will be achieved within your desired term.
A pump is when you have a following of traders who buy your pumps regardless of the fundamentals of the company.
The ensuing rise in price of the stock creates a surge in dollar volume and price intended for you and your henchmen to sell into, thus leaving bagholders on the backside of the dump.
Ask yourself, if the pumper had no followers, would the stock go anywhere? Think about that.
Pumpers will often do some buying on an obscure thinly traded stock, thus creating a volume "alert" then run around screaming alert alert, even though the company has no valuable short, mid or long term traits.
Their intention is to create a track record of false "calls or picks" that in the future, they will use as a tool to trick you into thinking they know what they are doing and you should not question their call or pick, and just lay your money at their feet, so they can profit and you will not.
Newbie traders need to learn the difference, before they invest.
One very easy way to spot these types of pumper operations, is the pumpers will often criticise anyone bringing valid due diligence to the table that does not tow the 'pumper" line.
Especially if the DD is valid and correct.
Do not be mislead, when you see pumpers calling due diligence providers, "bashers", use common sense and your own judgement.
Check out the DD, take it seriously, likely there is some truth to it the pumper does not want you to know about!
Ah! Well, just thinking out loud with my fingers, a keyboard and a monitor, as usual.
I didn't make up the name, that's the name that comes with the story
Wayne, I know you are familiar with the "Confessions of a Paid Basher" thing that has been around the internet for years.
Maybe you should rename this thread "Confessions of a Paid Promoter"
I think you would be more readers that way.
And try and re-post it all in one long post that's easy to link to.
And make the First 8 Words of that post say "Confessions Of A Paid Promoter" or "Confessions of a Paid Stock Tout" or somesuch so that internet search engines will pick it up (eventually) off of iHub.
Just a suggestion.
Ok...how'bout put the pumpers and scammers names in "code" ...or, backwards
Depends how you post what you post. Copies of examples of public messages certainly aren't against the rules, with commentary. Personal attacks would be against the rules.
I probably wouldn't delete anything, unless you called my mother a whore or something like that.
Thats a pity there are a few SWVC promoters i would like to shame.
APparently it would be against the rules.
I suppose you can do as you like. This board was meant to tell a story, the story is told.
In my corner, always in my corner until someone shoves a stick into the hornets nest
Could we name and shame some of those pumpers, you know the ones that have given themselves 100 boardmarks all with there own aliases. ??
Hi Obi,
Mornin all, Yep...Obi, Wayne, Righty...interesting to say the least. After I hit a few trades, I'd like to be able to sit and trade more and watch everything, but for now, its off to the day job. Good day all, GL
OBI!!!! BRK.A WENT DOWN!!!!
wut happin?...I KISS YOU BRAIN...IT WENT DOWN???
WHICH LESSON BELOW CAUSE THIS STOCK GO DOWN?
PLEASE RESPOND...ANSWER NOW!!!!!!!!!
waiting patiently
no be scary
I just blow you horn