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Carini

10/23/14 11:05 AM

#129441 RE: BurntNAlive #129435

Nope. Not an alert anyway, just some strange ramblings that sound like they come from motivational bumper stickers. I have only been aware of the guy for a week or so but I think he may be the worst stock pumper out there. His last 7 picks have gone red, like, WAY red.

Anyway, it seems he pulled the same thing with last night's "KING KONG ALERT!!!" as he did with it last week, when he made a whole big fuss early in the week that the "greatest alert ever" was coming Thursday night, and then... nothing... until Friday afternoon when he claimed the alert had been delayed because he knew in advance the OTC markets were going to shut down Friday for a bit... okay dude!

Then he said the big gigantic pick would be announced Tuesday (i.e., two days ago). Then later the same day it inexplicably changed to Wednesday night, and he made several Tweets about "get ready" and "get your powder dry" and so on Monday and Tuesday. Then I don't think he mentioned it once yesterday, and hasn't said a word today. I wouldn't hold my breath...

In other news, the reason some of my recent DD posts have been so long is because I only have one post a day here so I try to make them count. That's also why I don't respond to a lot of the misleading replies that try to distract from the fact that SEEK's Q3 revenues were down over 50% from Q1 revenues, and its share count continues to grow, and there has been no mention of the supposed ad campaign on Sirius or any more TV ads, and SG is recycling the same promises and promos that he has been using for over a year and it doesn't seem to be working anymore...

Also, you all know that the current short-sale interest in SEEK is exactly ZERO, right?

http://www.otcmarkets.com/stock/SEEK/short-sales

The BS numbers from OTCshortreport do not reflect actual short interest, rather they reflect ordinary MM activity in compliance with Reg SHO.

Educate yourself:

http://www.sec.gov/spotlight/keyregshoissues.htm

2. Is naked short selling the reason my stock has lost value?

Investors should always use caution before investing in high-risk, speculative stocks, especially with regard to their retirement portfolios, because all stocks may decline in value. There are many reasons why a stock may decline in value. The value of a stock is determined by the basic relationship between supply and demand. If many people want a stock (demand is high), then the price will rise. If a few people want a stock (demand is low), then the price will fall. The main factor determining the demand for a stock is the quality of the company itself. If the company is fundamentally strong, that is, if it is generating positive income, its stock is less likely to lose value.

Speculative stocks, such as microcap stocks, often have a high probability of declining in value and a low probability of experiencing above average gains. For example, investors should take extra care to thoroughly research any company quoted exclusively in the Pink Sheets. ...

There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters....


12. I read on an internet chat room or website that a specific security has a large number of fails; are these sources reliable?

Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large naked short positions in some smaller issuers, particularly those trading on the OTCBB or Pink Sheets. Some individuals may encourage other investors to buy these issuers' securities by claiming that there will be an imminent "short squeeze," in which the alleged naked short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false.

The Commission's Office of Investor Education and Assistance has made available publications on the Commission's Internet web site (www.sec.gov) that provide helpful guidance on the securities markets and sales and trading practices, including short selling. Investors and prospective investors should be cautious of rumors on chat rooms where the intent of nameless and faceless computer users is in doubt.