Stock Ethics and Philosophy 101

[Huggy Bear]

Question one:

I have a question for you on the transverse side of this equation: what requirement of disclosure, if any, does the SEC or any governing authority require of those who receive compensation to bash a stock?
I realize that this sort of question is scoffed at by many prominent posters, but you seem to hold a great deal of knowledge about SEC violations and FINRA rules, so I'm hoping to receive an honest reply to my inquiry without scoffing at the notion of "do paid bashers really exist?"

I am not aware of any SEC regulation regarding the disclosure of a "paid basher" if in fact these exist. Your question is better off asked at the DD board where there are a whole bunch of "bashers" to some, realists IMO.

Question two:

A second follow up question is what about when a highly intelligent individual undertakes to utilize multiple aliases on multiple message boards in order to garner the influence to manipulate a stocks share price by using some of his aliases to pump a stock on false hopes, then bash the stock through other aliases to create panic loss selling creating volatility in both directions? While I'm pretty sure the undertaking is illegal, to whom would I report such suspected activity?

The scenario you are describing sounds to me to be an example of what would be considered market manipulation (even attempted) to the regulators and if I felt I had suspicions of such backed by concrete or even circumstantial evidence I would report it via the SEC whistleblower link that is provided in this Ibox.

I have read your "discoveries" on the NBRI board and if you are suggesting that I am either a compensated basher or market manipulator (flipper for profit) of NBRI then by all means report me to the SEC.

They will find it amusing I am sure. I am a serious investor and any research into investments I discuss publically should show this. If I think a company is a legitimate investment with better than average chances for real returns I say so. If I think a company is a poor investment I also say so and do my best to provide the reasoning underlying either perception, bullish or bearish outlook.

Believe it or not there are hundreds of folks like me who freely share their DD regarding what they think is a poor investment. This is America and we operate on the Free Marketplace of Ideals and Debate principle. You do not have to agree with me and clearly do not regarding my opinion of NBRI and their properties, but unfortunately you do have to tolerate it.

Regarding your earlier discourse and opinions of retailers shorting NBRI and hence this MUST be the reason for all the negativity on the board I would encourage you to continue your research. Margin requirements of 2.50 per share shorted simply fail to make it fiscally feasible for a retailer to short any stock once it becomes too cheap - Not to mention the incredible stupidity of such considering the margin requirements of retailers who short stocks.

Now can penny hedge funds short stocks that are impractical for retailers to short? I suspect so. Do I "work" for them? I assure you I do not but of course I understand your suspicions. My opinions are intended to show the other side of what others consider to be an "investment of a lifetime" and all that jazz.

Best wishes Phatlander and as usual thanks for the civil discourse and intelligent conversation. When you find out about any SEC regulations regarding the disclosure of "paid bashers" please report back here, I would be very interested if you chase down that dark Phoenix.