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Monday, 10/01/2001 1:56:34 PM

Monday, October 01, 2001 1:56:34 PM

Post# of 168
A must read from Gary's SI board.


http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16437605


Is offshore favored over the American Investor and market?


Since the SEc went after TMex and other Pump & Dump scenarios where they were front loading pumping and dumping then short selling and stop pumping. The FEDS have not looked at the other side of the coin. What about the short and distort cartels?

There are short sell cartels where the leaders charge as much as $600 per month for admission to the cartels private website on the internet. There the collusion is taken to the ultimate degree. The leader essentially teaches people how to short-sell, how to set up offshore accounts for naked shorting, avoid reporting to the IRS, etc. Further how to bully and bashing effectively a message board to fully gain control of a due diligence or stop it completely.

Next the Short sellers find someone to author a piece that is bias to short selling same as the boiler rooms do. They needs media to get the opinion that short selling is not bad. They use the figurews available which are incomplete as facts. But why would any American write such a bogus bias article. Because MONEY is the underlying basis. Taking and stealing American’s money.

Further if the news is good coming out of the company this tactic of the real media helps to destroy the news from the company. This is not about facts, due diligence ro anything fundamentally. This si about get capitulation and covering then laughing at the stupidity of the American Investor. It is easy get sells ... Impression management and manipulation of the media thus creating a clear path to manipulate the market.

The bottomline is once they have accomplished total destruction of public opinion they buy into the selling covering and then going long in some cases. They shut up about the security and let the longs bring in buyers so at some point they can sell their long position and then short it back down with bashers killing public opinion confidence again.

The organize short selling boiler rooms are vicious.

These cartels will threaten anyone that dares to exposure them with public intimidation to bodily harm. You name it to keep a voice quite and not bring notice to the feds of their activities. Just like the mafia. But are these short selling cartels controlled by the mafia or maybe other forces that would love to see American investors broke and in food lines like the great depression of 1929?

Do these short selling cartels have fed friends by exposing potential scams and thus the feds look the other way? Kind of like ignoring a pick pocket, scam artist and down right murderer because they carry carte blanche with the feds.

Are these leaders of these Cartels ex cons and merely presenting themselves as advocates of the small American investor or are they conning the American Investor to steal from them with every legal loophole or slack regulation in the book? Would this petition shut them down and thus cripple their thievery of the American Investors? However, they tout it is Wall Street that is crooked element and they are just small fish? They tout the numbers which are incomplete as they are just a small part of the market and can't affect it. But you put enough of these cartels in play and the lack of disclosure and both the American Investors, the IRS and our economy will feel the affects of these cartels..

The fact is these short selling cartels leaders, in my opinion, merely siphon out the money from their followers and turns whatever good they may have in them into greed. Just like Tmex did. Does it matter if it is P&D or If it is S&D? The Feds say this is not a team sport and trading collusion is illegal as short selling, but when will the feds look at these cartels? Wonder if the entire cartel disclose their off shore accounts on their IRS 1040 or do they have the accounts hidden under fictitious corporate names and people or numbered accounts?

But another little tidbit is offshore accounts are NOT subject to the new "daytrading" rules. Seems American Investors are being tagged from all sides.

The Bird of Prey

The Bird of Prey
#board-381

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