Posted On: 02/19/2016 12:42:35 AM
Post# of 22940
Re: CountryMac #3459
Thanks,
After posting the questions, I did a google search. It appears the lingo used on this board is common lingo and investopedia and other locations define the terms and acronyms I see in use.
Apparently, a basher is definitely illegal (on the order of insider trading illegal), if the basher or their employer subsequently buys stocks after they successfully push the price lower and/or coerce the more timid investor to sell prematurely.
Unfortunately, it is one of those illegal activities that is almost impossible to prove and prosecute.
It is apparently a big problem with OTC stocks. So I guess it was good I made my decisions BEFORE I learned there were places to discuss trading specific stocks because, as a rookie investor, in a penny stock, I am a prime target.
After posting the questions, I did a google search. It appears the lingo used on this board is common lingo and investopedia and other locations define the terms and acronyms I see in use.
Apparently, a basher is definitely illegal (on the order of insider trading illegal), if the basher or their employer subsequently buys stocks after they successfully push the price lower and/or coerce the more timid investor to sell prematurely.
Unfortunately, it is one of those illegal activities that is almost impossible to prove and prosecute.
It is apparently a big problem with OTC stocks. So I guess it was good I made my decisions BEFORE I learned there were places to discuss trading specific stocks because, as a rookie investor, in a penny stock, I am a prime target.
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