Value Microcaps Motherboard

[jtomm]

Sorry I couldn't post this earlier. Been gone for a few days.

Bob Chapman's infamous history.

I think this is the third time I've seen Bob Chapman's "writings" posted here. Firstly, like Lentiman and others, I agree this is not the place for political stuff. Every extra message is one more to sift through and it would be best to start another board for that stuff. This board is specific: it is about value microcap stocks.

Now on to Chapman, and this does apply to stocks. Bob Chapman has a well-known history of violating securities laws (often because of pumping and dumping). He's been disciplined numerous times by numerous securities agencies, and has been banned from the industry in the past.

He's been preaching doom and gloom for decades, always railing against the dishonest government in the process. But might it be fairer to say that Mr. Chapman's record of dishonesty would be hard to match? He conveniently forgets to mention his past run-ins with the law on his website (perhaps there wasn't enough room?). He also has a history of disappearing like a coward when the government (or anybody else) starts asking questions, and investors get left high and dry. Quite the opposite of his "tough talk" writing.

His latest fiascos were with Silverado Gold and Sedona Software as recently as 2003. Sedona was $10.00 at the time, it is currently at .0001 on the pinks (so I guess we can't say it was a 100% loss!). Silverado is similar nonsense.

Here was the writeup on Chapman by WorldNetDaily (which is anything BUT a pro-big-govt publication, so Chapman doesn't get to use the "they're just after me because I'm exposing the truth about big govt" excuse that is common amongst guys of his ilk):

http://www.wnd.com/news/article.asp?ARTICLE_ID=31106

This was the original story questioning Silverado's nonsense:

http://www.wnd.com/news/article.asp?ARTICLE_ID=30603

He's one of these guys who claims he's there to protect you from the crooks in govt, yet he should look in the mirror because the losses this guy has caused for many people are staggering. Those people would have been better off sticking with the govt, as bad as it is. He sees nearly everything as a conspiracy, except, of course, for the stock debacles he touts. The losses investors suffer by his hand are just part of market going up and down. It's just a coincidence that some people end up with all the money. No conspiracy there.

Guys like him can keep coming back because there are constantly new people coming in to the markets, and they don't know about the bad guys' pasts.

For the sake of argument, let's put his political rantings aside. Let's focus on his history in the securities markets and not lure any innocents into his next swindle.

Let's please not post any of his stuff on this board anymore.

Ironically the last line of Chapman's rant that was posted on this board was:

"Porter Goss, Director of the CIA, said his agency was not torturing people. If you believe that, we have a bridge for sale."

Mr. Chapman should know. That wouldn't be the first bridge he's sold.