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Think Paid Bashers Don't Exist...

John Good


http://antisocialmedia.net/?p=54

We owe Gary Weiss an apology!

A very small apology, but an apology none the less.

Because Gary was found to be behind the first real example of multi-ID message board bashing to be publicly proved, and because it was apparent from writing and posting styles that one person was making a large percentage of all bashing contributions to the Yahoo boards in particular, we concluded that Gary was generally responsible for most all of it.

Well, as we've gone on to learn, thanks to more advanced techniques and a few golden tips, we were missing much of the full picture.

The truth is, lately Gary Weiss seems to be playing a decreasingly significant role on the various message boards where the likes of lamborghini751, cupandsaucerwithsugar, state_police_retiree, and bobobaloney once roamed.

And in many places where we long suspected Gary, we've instead come to discover Floyd D. Schneider, of Newton, NJ.

Gary: we're sorry for accusing you of something you didn't commit, as much as we suspected, anyway.

Floyd: we wish to express our deep disappointment in your decision to make a living out of lying.

Want proof?

Exploiting Yahoo's Dissembler Sorting Algorithm bug (which we were sworn never, ever to reveal, so please stop asking) we determined that the following seven Yahoo messageboard usernames were tied to the same individual: strethoechasity, returnofstockdung, baloneymarch, zorro20934, china39846, charlesp0nzi, and floydtheoneandonly

Using Google, we found several legal filings, including this one, which make it clear that:

"floydtheoneandonly", "charlesp0nzi", "thetruthseekercom", are pseudonyms used by Floyd Schneider.?

It seems Schneider has been sued multiple times for making defamatory statements about companies in anonymous message board settings, such as Yahoo and Silicon Investor, and it's been shown to our satisfaction that he did so for compensation and in coordination with hedge funds shorting the stock (or worse).

In other words, Floyd Schneider is the embodiment of the mythical "paid basher" you'll find he spends an inordinate amount of time denying exists. In fact, he had been an associate of the convicted naked short seller Anthony Elgindy who, in one of the most famous posts on his siliconinvestor.com website, outted Schneider as a paid stock basher, severing their prior relationship at the same time.

Think about it! Someone Elgindy (possibly reading this from his prison cell) considered excessively mercenary. Wow.

A more detailed analysis of Schneider's posting patterns will soon follow, but here's a quick summary of the companies he has most ferociously attacked in recent years:

* Xybernaut
* Matrixx Initiatives
* Overstock.com
* Novastar Financial
* Escala Group
* Cenuco
* Hythiam
* Lucent Technologies
* iMERGENT

What do each of these companies have in common? They're all targets of the illegal market manipulation technique known as strategic failure to deliver, as manifest by their presence on the so-called Reg SHO Securities Threshold List, indicating chronic failed trades of a company's stock.

To better understand that issue, watch this presentation.

Check back soon for part three of our four part series on the root of the problem affecting our friend Gary Weiss.