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he has had every opportunity to make shareholders money,he
has been in every moving sector over the last 10 years
and still trades here...you dont have to question motives,
just ask yourself how can a guy be offered every possible stock trader in the penny market something to look at and still be trading at these levels..
simple you survive simply on the sale of your stock,it never ends,car payment call your broker,mortgage,vacation,car repair,movie and dinner tonight sell a million shares...
no foresight and ability to see past his next meal...
unreal Shaun,you put together 2 of the biggest sectors bitcoin
and hemp into spin offs and you still sell at the same price when i retired
from trading 6 years ago,you know if you can stop living off the selling of shares to pay your bills you might actually be able to get the stock price moving....how many reverse splits have i missed....
o.m.g the people that help the company dump shares will come and go but the real garbage that cant run a business to pay their bills that come up with these gimmicks to continue to dump shares on the newbie investors over the years will always stay the same..
way to go SHAWN,of course you run a bitcoin operation..lol
actually he just turned 60...way too soon...
lol.....41 huh...tell that to my hairline....
yeah was real sad with Tom he was working on our book
but it seems from talking to his wife that he seemed to
forget the one reason we all got into the market,was to
have more leisure time and call our own shots as she said
he was a workaholic and was very stressed out at the time...
Wayne thought I come by and let you know that are old
pal Tom passed away yesterday...
lets start this again,the concept of the margin accounts
that exist in nasdaq does not apply to the hedge fund brokerage
accounts that started to pop up around the 2008 time period...
in 2008 a lot of these firms were offshore in the bahamas but by 2012 even u.s firms were allowing you to short pennies..
and 900 dollars..omg there was 50k to 100k easily to be made by shorting the awesome penny best damn penny plays....these stocks were moving 3.00 dollars and losing 80 percent of that in one day...
i billionaire can absolutely effect the market,as simple
as a millionaire can effect the penny market...
really,what a ridiculous statement to make cause Soros
had no clue that PRESIDENT Trump was going to win the
election...but was he the one that started the decline
trying to create a panic ,absolutely...
he is absolutely guilty of trying to manipulate the market to turn
a personal defeat into a profitable trade..absolutely..
see the difference in some chatroom and others is that some even go as far as to send clips and images of their holdings and i make no bones about it,i had numerous u.s hedge fund brokerage firms that let me short the pennies every single day...
janice- hope all is well with you over the years,it is turn out the lights time for me...
most of the shorting that was done was done on promotion plays as the stock would head into the afternoon of the third day you would look for the sign of the market makers that were supporting the bid size leaving the stock which was an indication that these groups were done with the first phase of the promotion and you took advantage of the fact that the one thing they never did even when on break was stop selling paper,so now the market was becoming flooded with paper and it was crash time..
omg these groups were having 70-80 percent drops on their plays,it was pretty easy..
janice,omg you really missed me catching you up on some things when i left...their were brokerage firms around 2011-12 area that made no such requirement other that you close out your position every single day..it is was such easy pickings and honestly i.m.o was the beginning of the end of the pennies cause the market was much easier to destroy than a stock to move..
as you know from my personal experience i was
given the grand extra tour of inside the mind of the law,
the penny market is a completely illegal entity that they
have no idea of how and why it exist,but only that every single aspect of every single trade is illegal cause every single share
sold is in violation of section 5 a and 5 c of the code and can be enforced any time they seem to find someone making enough money to take...
i was very fortunate to get a token fine after a one year battle with them and a stern warning never to come back.....
janice even defenders of noble causes do things that are not kosher and sorry this move was too perfectly timed to perfectly match certain talking points brought up as proof of the collapse,this was an orchestrated event..no doubt about it..
janice you are absolutely incorrect,every single running penny stock that was being moved in the day by the best damn and all penny guys were shorted huge by traders,i know i was in the chatrooms as it was happening..
take this thread for exanple,isnt it much easier in the penny market to look smart by pointing out what is wrong with stocks,than looking foolish in trying to explain what is good with a penny stock...
no but george soros is a major funding to a lot of organizations that were distributing the end of the world picture...
why do you think there are curbs put into place whenever something bad happens and after 2001 incident they froze shorting..it is not a market thing it is a life thing,it is much easier for the human mind to have fear than confidence..heck why do you think the penny market died,cause every trader now had access to short the pennies..
the source of news feeds is very important if they are a major
provider of your funding..
basic principle of stock fraud....the release of false or MIS leading information in which you stand to make a profit from...
period ..long or short even though nobody on the short end has ever been charged for and why i dont know cause i think it is easier to cause fear and panic than to build confidence..
it was shared by the left,never heard it on fox business news..
how much money do you think you have to invest for a great trader to lose one billion,my guess close to 8 billion cause a guy like that does not lose greater than 10 percent...lot of money in a short period that would definately influence the direction of the market..
janice- you do not have to be successful at your attempt to have committed stock fraud,now while i agree on the surface no agencies would pursue this cause their is no fines and penalties to go after cause no profits were made ,but there is still the vengence side of a new administration...
again the issue that gets lost is that this was not an opinion or a trading style that i am calling into question,i am saying that this was an orchestrated effort to make these predictions come true with the use of his deep pockets to make the appearance that the market was going to crash as many forecasters that work for companies that are funded via george soros were predicting..
The 2 days leading up to the election i heard about the 1000 point immediate reaction by my clients at work,even people at my gym were bringing this up to me and even personal friends....this was a well orchestrated thought out and planned event,this was not a good trader hoping on board the train,this was someone who built the locomotive vehicle and made sure it went off well...
and like the election -failed...
janice -if i tell you the pool will turn orange tomorrow and than overnight i fill the pool with orange juice,i am not a magician
or a forecaster,i am a fraud...
he took means and actions to make the prophecy of his paid groups look real...that is textbook manipulation..
but you are not creating sophiscated means to make your prediction profitable...
when you are part of the false and misleading perception that stands to benefit you financially how is that not in the same category of operating a stock fraud in creating a pump n dump or dump n pump situation..in my opinion this was the biggest stock fraud that ever took place in the market and just cause it was not successful in nature does not change the manner and means of what took place to benefit him to recoup back the money he laid out during the presidential election campaign..
but a stock does not have to hit the price target to be considered a pump n dump does it..
him or the operations he funds...he is attached to a lot of operations that took part in a doom and gloom outlook of the future of the stock market and even went as bold to predict an immediate 1000 point fall which would have made their statement correct,if billions of stock was shorted into the market at the same time as these bold forecast,that janice is a very sophiscated means in which to manipulate the market into creating a false reality of the market...
he is not an individual janice,he is a conglomerate of a lot of very important pieces that all took part to create the means and motive to financially benefit mr. soros
but janice if in fact that the 800-1000 effect that was predicted was caused by his selling than isnt he in fact manipulating the market to cause the effect that his operations are predicting..
Janice- i am curious to know your thoughts on whether Mr. Soros was engaged in a "Sophiscated means" of a pump n dump operation..i know in theory the definition is a little different as the purpose is to have a stock price go down to fit your agenda,but isnt it not true that Mr. Soros is the major funding behind the moveons,the media matter and even places like npr radio that engaged in the doom and gloom over the election results and the amazing prediction that in fact we should immediatelty see a 1000 point fall in the market to create a false and misleading impressions that the market were going to be a free fall....
shouldnt it at least be investigated to see if this fall was indeed sort of a manipulated effort by mr. soros as he actually might have been the one dumping billions of dollars into shorts to create this panic to coincide with the outfits he funds running what seemed to be an accurate forecast of the future of the market..
Is that not textbook definition of a sophiscated means of committing stock fraud and running a pump n dump(dump n pump)..
I have said for years that there should be no difference in the perception that you are manipulating the market to create a profit and should be held to the same standard...
Wayne is right,nobody is going to relate to the trading stories
or even care to so I really just cover it in the first 3 paragraphs as an introductory into the penny market,but the lamborginii's,strip clubs,the suitcases full of money
and all the stories from the promotion end of is entertaining..
heck if those characters are the reason I was set up,than at least
I should be able to prosper from their stories....they don't get much more polarizing in the pennies than evo,speedy and Robbie...
lol...you got it...
I said posting style,janice and I have communicated
via private messaging for over 15 years and even
during my legal troubles....in fact I always used
the shell barometer as i called it to know when it was
time to call it a day on a stock .......I never really
considered whether we were on opposite sides cause I
understood how it was so much easier to paint the negative
part of the story in the pinks ...
that is something I might have to figure out where to put in,cause
the book deals more with the pysche of the mind of the trader and I always felt that it was so much easier to cause fear in traders than it is to instill confidence...
omg when did you become like Janice shell and do that
remember what you just said to me postings and here is
your sign - oh I mean reply...
A Netflix original series coming this fall...
I think the coolest thing you did was post the link that
went back to the person's own profile and said this guy was a dick..
that was freaking funny...
yeah,it was the most naïve and innocent of times
and we were so gullible to the crap that was going on
around us,but it was actually a blast...
I try and tell people try to find a passion they love and make it into a career cause I tell them all the time I actually spent less time working in my other jobs ,and I use to spend 16-18 hours a day doing this ...I actually dreaded weekends cause I loved trading...I actually took more vacations before I got into the market......the old crew we had was like family and I remember being able to get sports jerseys as gifts from everyone for my son to wear as a baby...I still have whatever that thing that suzie bought...lol
btw Sharon just walked into the room and says hello...
I have to tell you it was so much fun going back on the old silicon investor threads and even here doing the research...
I did not even bother checking if raging bull was still around
cause those were the dark ages when you got booted from silicon investors and I needed somewhere to post...
I covered the trading part of it from 98-through the bursting of the bubble in april of 2001 and saw that in fact that the 9-11 event
for those that were not stuck in stocks the day before actually brought life to the market cause defense plays blew up during the next few months and my first hand experience to the fact that the definition of a daytrader was to take advantage of other peoples misfortunes,as later on we had oil spills,hurricanes and bird flu plays that always effected someone badly but the traders pockets nicely...
I have no idea of what to expect,i was asked to
write about my experiences and the things I saw
....
it was fun remembering trading on 15 minutes delays and hitting refresh,and the race to otcbb.com at 1;50 each day to get the new reverse merger forward split runner of the day and the MLRE and GGNC gaps that really helped me make this into a career and than my time in the under belly of the promotion game....
it is loaded with clichés and quotes....
I always liked your quote and it took me a few years
before I came up with I trade on the advice of my lucky
eight ball,seek the advice of your own balls before you buy anything
cause I did actually have on my desk one of the lucky eight balls novelty items...
you get a quote...you kidding I can not leave out the
amazement out of making money out of a pos statement,i thought it was a classic .....