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twodips

09/19/15 10:35 AM

#259697 RE: 2obee1 #259695

I watched wolf of wall street and it didn't shock me one bit, it just confirmed what I'd thought for years.
The thing is nobody on here really knows what's going on for sure, I'd bet the truth lies somewhere between the heavy bashers/pumpers.

Fizzman

09/19/15 10:41 AM

#259699 RE: 2obee1 #259695

Sorry, I just read this post after I posted my last message. Funny how we both could have the same example.

Carini

09/19/15 3:44 PM

#259729 RE: 2obee1 #259695

Yes, I also believe toxic financiers like Asher, JSJ, LG Capital, Vis Vires and the rest use similar tactics, especially in the low trips. Through associated third-parties, they will come in and buy up 200-300MM shares at, say, .0002 and .0003, in order to generate some buzz that "something big is coming" (helped by a sudden influx of new posters pumping all over the board). Then as retail starts to buy in they begin dumping tons of shares they are converting at .000055 or so, until their note is done and then the pumpers dump out as well. They "create their own liquidity" in other words. It's worth spending/losing a few thousand (or tens of thousands) in order to create enough liquidity that you can sell $50-100k of discounted shares.

Hard to prove, but the circumstantial evidence is overwhelming IMO.

JToews19

09/19/15 3:57 PM

#259730 RE: 2obee1 #259695

Mr. "ALL MINE BABY" probably made a ton on the pump.