InvestorsHub Logo
Followers 7
Posts 599
Boards Moderated 0
Alias Born 12/23/2009

Re: None

Monday, 08/09/2010 2:00:04 PM

Monday, August 09, 2010 2:00:04 PM

Post# of 72584
Received an interesting private message from someone on this board regarding stock manipulation. Sometimes people don't like the message and opinions of other posters, but please keep in mind that just because the opinion is not shared by you, it does not mean it is bashing/manipulation. One form of manipulation is intentionally spreading false information to influence the price of the stock. It's difficult to prove an opinion is actually manipulation because you cannot be 100% sure of the poster's position, so take care not to make false accusations; which do have legal consequences.
People on stock bulletin boards sometimes focus on all the wrong things that don't actually impact the price of the stock significantly; be it 'evil shorters' or 'evil bashers' on message boards, instead of focusing on real issues such as price manipulation through large volume buy transactions that can be accomplished easily with little money due the low price of the stock, which draws unsophisticated investors into the stock (pump and dump), which I'm suspicious is done through companies that advertise stock picks by sending them to your e-mail for free. They already have a position. They spam the stock out, buy a little more themselves to simulate large trading activity, the rest of the buys are facilitated by people who received the e-mail, they watch the stock pop, then sell it off at the end of the day or the beginning of the next day. I feel this is a bigger problem than being scared of 'evil shorts' or 'evil bashers' who simply do not share the same opinion of the stock or its related topics.