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Re: TurtleBK post# 718

Sunday, 12/06/2009 7:10:07 PM

Sunday, December 06, 2009 7:10:07 PM

Post# of 56720
I am still trying to figure biomeds pattern - with mcln, it was strong and moving hard much of the week (last week of nov) and then subscribers got the alert over the weekend (last weekend) - had a brief run at the open, but then tanked hard the rest of the time

http://finance.yahoo.com/echarts?s=MCLN.OB#chart1:symbol=mcln.ob;range=5d;indicator=volume;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

My best guess is the owners of biomed and their buddies probably do a bunch of the buying beforehand, then the subscribers get the action (see that brief monday buying on mcln), then they dump all over them and the non-pay newsletter guys. They claim no compensation, so either they are pulling stunts that would get them jailed (by not disclosing), or the companies know nothing about it and these guys just work with deep pockets to pump stuff up and dump it on the rest.