about bashers....
How to recognize Stock bashers on Message boards, newsgroups and in chat rooms. its too long but you've got to read it:
A year ago when I asked broker friends of mine if the internet message
boards will have any affect on a stock. They ALL laughed at me and
said those idiots having an affect on a stock !
A truth: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO
INFORM PEOPLE INTO BUYING A STOCK.
Well I asked those same friends this last week, and the answer from
all YES! message boards and ""shorts" (some) can manipulate with lies,
and deceit.
Now think about that, you have elderly that invest and find their way
to the message boards only to see false posts about "SEC Violations"
and "Class action suits" or you have a Yuppie with a kid to put in
college going to these message boards only to see posts by 15-20
(probably 5 or 6 under alias) "pack of shorts" posting the same false
stuff about SEC Violations or lawsuits or "there's bad news coming
out" ....what do you think they will do ?
It's easier to sell the stock and put the money into the bank for
nervous people like the elderly and the Yuppie who needs college
funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet
on a stock to go down-not up! Understand? And they have just as much
money and risk as you. But they have the edge of fear, lies,
falsehoods to post and pray on the nervous. Longs don't have that.
Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board
for stocks with no potential. They never have any bashers. Bashers
only go after stocks that are going upwards or have excellent
potential to go up. Bashers get left behind, so they want to bring the
price down
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY
TIMES. New startup companies always have a few bits of bad news. The
basher will post this over and over again. The stupid basher will try
to make the old news a bit fresher to try to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out.
They comment on everything, every other post, and can answer every
question. THEY KNOW IT ALL! There is no positive comment they won't
bash. They try to control the board. True longs may have to address
the bashers or they will appear to the newbies as being the people
with all the information.
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The
truth on startup companies is that many mistakes are made and losses
happen. The basher will try to make you believe all startup companies
make a profit, release financials every quarter and all aspects of the
business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU.
Startup companies can go years without profits, financials and good
business, this is the nature of the beast.
Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's
why they make the statements they do.
Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie
about information and you couldn't know the difference (unless you
have done your
assessment of the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. YOU have held a stock
for a while. You knew it will be a big stock someday, but the BASHER
CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's
when the basher is best. You are tired. You have forgotten the goal
for the stock was to hold it for one year. The basher is bothersome,
so you dump it on a bad day. Some others also dump. Then you get mad
for your loss and return to let everyone know how mad you are. Then
you turn into a basher as well. THE BASHER HAS
WON, AND GAINED A NEW PARTNER, TOO. to be able to get in at a great price.
Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is
not important. Lies are the norm. Post continuously on the board every
day. They are trying to hit the newbies visiting the board. They are
trying to wear out the longs on the board. They do whatever it takes
to wear the longs out.
Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH
ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN
OTHER STOCKHOLDERS. A typical trick of an advanced basher is to
propose that there is a potential "problem" because "we" don't have
the facts on a particular subject. The basher dares someone in the
group to find out the answer to the question. The basher already knows
the answer; the basher already knows what will be found. The power of
this tactic is that the basher is now in control of the actions of the
stockholders; the basher has you, the stockholder doing HIS/HER due
diligence and when you, the stockholder come back to the group with a
questionable finding then the basher gains credibility. What to do???
Solution??? Well, I think it's important to find answers but on your
own terms. I actually pick up the phone and call the company and talk
to the investor relations person or the CEO until I get a satisfactory
answer. The problem here is that the advanced basher has you doing his
bidding and his work; you have essentially joined his ranks. So,
develop your own little Due Diligence package and answer questions by
placing the information into the package and referring all new
investors to read the answers to questions raised in the Investor
Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER
REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE
BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO
A PERSONALITY CONTEST.
A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do
not underestimate a bashers influence on a stock. The Pro's are good
at what they do and what they do is profit from your losses. Below is
their "hand-book" so to speak. Learn from it or donate your money to
those who make an organized plan to steal your money!
BASHERS DO THE FOLLOWING:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to
your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build to it.
8. Identify your foes (hypsters) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "basher". Newbies won't know
your history.
15. When identified put up a brief fight, then back off. Return in an
hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to reinforce
facts.
19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your
word for claims made. If they do call you can always find something
that is inaccurate in how they report their findings.
21. Discourage people for taking the companies word for anything.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to
that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary mass
reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share
theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the hypsters into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their
attention from facts. Show them the facts from a "different angle."
28. Promote other stocks that would-be investors can turn to instead
of the one your bashing.
30. Do not fall for challenges on the "values" of what you are doing,
it's a game and you are playing it with your own rules.
GRADE YOUR FAVORITE BASHER:
Advanced Basher:
Will join the message board early and actually "pump" the stock with
positives; this basher is very intelligent, has the facts of the
company, actually helps longs with Due Diligence and generally gets
the confidence of the stockholders. Then, when the stock hits their
price, the tone will change and they will start asking longs to check
into this and check into that. The seeds of doubt are being planted.
This basher will then start using all the tactics listed on this page
to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU
SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT
THE MESSAGE BOARD. An honest person will have a positive track record
that can be followed. I strongly believe that a contrary view is
needed but this person is out to steal your money and does it by
deception and creates fear after gaining confidence! BEWARE, this is
the most clever basher and the hardest to spot.
Grade A Basher:
Posts lots of old news, responds to all positive posts with a negative
side. Never responds to being called a basher, never posts on another
board. Can spend up to 80 hours a week bashing a stock.
Grade B Basher:
Very good way with words, always claims to be your "friend" taking the
positive poster into confidence, never posts on another board, spends
about 60 hours a week.
Grade C Basher:
Spends less time than the others but is somewhat effective and gets a
C grade due to getting excited when bashers rules say not to get
excited, spends about 40 hours a week.
Grade D Basher:
Needs to learn the basics about being convincing when making a
negative statement. Spends a good amount of time working the stock,
maybe 20 hours a week. Grade F Basher: A complete idiot, most readers
are not convinced he knows anything about stocks in general. The type
that says a stock "sucks", but gives no rationale, shows up every so
often but no regular schedule.
WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some
bashers are compelled to bash because they are inherently a part of
the dark side of life so they must do it. It's a sad fact but never
the less, a fact. It's life so you must learn how to deal with it or
become a victim!
LEARN ABOUT HOW BASHERS WORK: how they are paid: (this was written by
a basher) I know the following from a "friend" who needed extra money.
I never answer a basher directly because I then become a basher's
little money machine.
IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers
you give them an opportunity to earn 5-7 bucks. The service agreement
they enter into with their employer states their messages will be
monitored for content, profanity, lies, etc. but Money Manager's and
the like don't have the time to check all their bashers messages. Only
occasional spot checks are done. Those who manage the basher will
generally read the headlines to see if a basher is replying to other
posters by name. That tells them the basher isn't just "posting
blindly" or repeating the same message over and over since they won't
pay for those. A basher will attempt to milk three to five replies per
post at one to two dollars each. This way the basher spreads negative
influence to as many stockholders as possible. A basher will create
this discussion thread because it takes less time reading more
messages than is necessary. This ultimately allows the basher more
time to post and make money. In general, NEVER ENGAGE A BASHER. Make
them read all the posts and think up ways to enter the discussion.
NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER'S AID!
Read the news ,do your own homework and make your own decisions. Get
real time quotes and follow the stock for a couple of weeks. Due
Diligence is key here. Know that there will be a time when the stock
runs up which will be followed by the Bashers and those that missed
the boat. The bashers will trash the stock by saying such things as
"it's a Pump and Dump" and "the company is lying" and deceiving. There
goal is to scare off newbies and potential new investors by "shaking"
you out of your shares. Take the time to confirm your DD ,trust your
own judgment and believe in yourself, pick your point of return or
loss and live with it. Don't listen to hype or bashers trust your own
judgment. Live by the rules you have created .
AI
