Cork, Ne Trader, and TTR, I agree with your posts. If we stick to the real DD then we can avoid a new type of risk in the Q world which I guess we can call "frontloading risk". Those of us who have researched and traded distressed for several years don't need or want the “pump and dump” on the boards, for a number of reasons. It just takes a bit more patience to wait for a real opportunity to develop and patience is something the world lacks these days. Once you find a real opportunity, you alert the world to it but you don't ram it down their throat with 500 pump posts per day like some of the ones I've seen lately.
Just keep doing what you do and just treat the circus for what it is and that is simply a side show. That pump formula might work for a few months but it is not sustainable because like any circus it eventually leaves town either because it has already tapped the town dry or the operators get run out of town on a rail because they eventually screwed over just the wrong person or the POR comes out and it zeroes out the equity that was supposed to be a can’t miss proposition and the people that looked like geniuses and DD kings get exposed as something quite different. There are a couple of different pump crews out and about but I think most here can figure out on their own what DD is real vs. what is just abject pumping.
In the beginning, one of the new pump operations appeared to have been backed or supported by a group called Beacon Equity Research and they had someone installed on a board to represent their pumping interests but the recent blunders must have been too much negative exposure for them because I see their representative has been uninstalled from the asst. mod status. Driving traffic to that board using person marks was a good idea up until the point where people started getting separated from their money a little too early in the process. At that point all of the additional sets of eyes became a liability and not an asset. The pinksheet pumpers are apparently trying to crossover into “Q” land and are finding the going a bit rough so far. One of the groups can’t keep their hired guns from pick-pocketing people on the way to the big heist and they are screwing the whole operation before it even gets off the ground and the other group(s) have stepped in it and don’t even know it yet.
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