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Alias Born 02/19/2001

Re: Bird of Prey post# 294

Tuesday, 07/03/2001 4:40:55 PM

Tuesday, July 03, 2001 4:40:55 PM

Post# of 7479
I should have added

Westergaard was investigated by the SEC before and lost his license in l998 even. He was told never to violate 17b again. Then two days later he again ripped his disclaimer off and did it again. Yes, during the astn time, both the past investigation and slap on the wrist and the current lawsuit.

ASTN is in the securities business. The ceo fred has been in the securities business for years. He was an MM. He ran First Jersey with Brennan. He was with Sherwood. He worked with nasd on some committees. He had a little problem with nasd even. He knew all about the laws. He saw the coverage and probably saw the lack of disclaimer and did nothing.

>That paid basher thing is a myth.

Here we part company completely. To ignore the problem is ludicrous. Just because one is not allowed to short "penny" stocks in the US does not mean they can't be shorted.

I realize everyone is shorting them out of canada. I know everyone is shorting stocks. I just don't think that they are committing a crime by posting honest negative news on the boards. If someone posts a fake press release or SEC doc then shorts it, that is wrong. If someone posts a negative concern, item, news item, SEC doc, that is not wrong. It is not a lie. Shorting is not wrong or illegal in canada and other countries. Posting honest negative news is not wrong.

>Care to vist a website that explains how you get to qualify to get in on this "action"?

I would love to see such a website.

>there are also an equal number willing to do the deed via a Short and Distort. It is much easier to take a stock down than it is to lift it up, you need only to appeal to the most powerful of the emotions...fear.

That sounds like it's straight from the "bashers handbook." You do realize that thing is fake? If someone posts an intentional lie like a fake press release to get the price down, that is stock fraud. Same things with a fake positive. The thing is people get sued for the negative lies and not the positive lies. They also get sued for honest negatives posts just to shut them up.

>As for not getting in trouble for hyping "this stock is great" I'm sure the kind folks down at the SEC would be glad to show the their case files where they've slapped folks down for doing just that.

Compare that number to the "bashers" lawsuits. See the HUGE difference? Maybe one person posting negative fake news to every 10,000 that post positive fake news. Hypesters just label all negative posters bashers and try to make it seem like it's bashers taking the price down when it's just the bad company.

>What gets people sued by companies are things like "this stock is a scam" "the CEO is a crook" and so forth. These statement can be made but it requires a mountain of a paper trail to back them up. No paper trail...you find yourself downwind of the rotating oscillator when the feces makes contact.

Look at the caveats on these boards. These are all just our opinions. I can say that astn seems scammy to me. Freedom of speech, it's my opinion. I also can post information which lends credence to my opinion, such as his past lawsuits which I posted, company performance as per SEC docs nowhere close to press release promises and projections, news items, SEC litigation releases, FBI litigation releases...

I would really love to see these professional short and distort operations. I've read about it but have never seen one first hand. The short jobs I've witnessed all just posted honest negative news. The main vtwn short which took it from 8 to 4$ had no posting at all. Posting on message boards isn't necessary to short stocks. I still think the number of short and distorters is significantly smaller than pump and dumpers, probably 1 to 10,000. If a pumper or shorter wants to short a stock, just wait til the selloff starts during the dump phase. No need to "bash" or even post a word.




___________________________
Just say NO to stock fraud!


___________________________
Just say NO to stock fraud!

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