I think that every post since this post by PP has
Post# of 43066
Posted On: 04/04/2014 2:23:59 PM
Re: PaperProphet #6704
I think that every post since this post by PP has been nothing short of ridiculous and for the most part unsubstantiated Message Board BS. PP provided an objective reference from a reputable source to back up what he was saying about JBII. There has been nothing comparable.
On the topic of Pump and Dumps vs Short & Distort, it is clear which on is more plausible. when I first started doing this I read a book on trading. It had more to do with investor psycology rather than the mechanics of it and it has been one of the most interesting books I have ever read. Simple facts are; it is much much easier for almost any investor to Buy rather than to Sell. If the stock is up, Greed will take over. The investor will not want to miss anuy upside. If the stock is down, the investor will not want to accept the loss, sometimes doubling down to attempt to get it back. The other facts is, most investors will make a good decision the first time. It is only all of the decisions thereafter....
So a Pump & Dump scheme makes sense. It will work. I watched a show once that discused a high school kid that made $800,000 with an email Pump & Dump scheme. Him and his friends at school made a killing. He had a good story line, talking about PEs and the like. He was 13 years old.
I bought a few stocks off of the internet when I started. Got into a few iHub stocks.
Now consider the opposite, a bunch of posters trying to convince people to sell the stock. It is going to have much less effect. Won't be even worth their time. Now if someone decides to actively post for their own personal reasons (to help people??) that is very plausible. And it is habit-forming, and usually will focus on a few stocks at a time. Suddenly they are a "basher". LOL.
It is the stuff of pure fantasy.
I don't know the substance of what PP posted. But, interesting allegations against JBI from the OSC. Seems to be far more serious than the SEC allegations. Lots more credible than the notion that a bunch of negative posters are out to screw JBI, and being paid to do so by wall Street hedge funds... ROFL.
On the topic of Pump and Dumps vs Short & Distort, it is clear which on is more plausible. when I first started doing this I read a book on trading. It had more to do with investor psycology rather than the mechanics of it and it has been one of the most interesting books I have ever read. Simple facts are; it is much much easier for almost any investor to Buy rather than to Sell. If the stock is up, Greed will take over. The investor will not want to miss anuy upside. If the stock is down, the investor will not want to accept the loss, sometimes doubling down to attempt to get it back. The other facts is, most investors will make a good decision the first time. It is only all of the decisions thereafter....
So a Pump & Dump scheme makes sense. It will work. I watched a show once that discused a high school kid that made $800,000 with an email Pump & Dump scheme. Him and his friends at school made a killing. He had a good story line, talking about PEs and the like. He was 13 years old.
I bought a few stocks off of the internet when I started. Got into a few iHub stocks.
Now consider the opposite, a bunch of posters trying to convince people to sell the stock. It is going to have much less effect. Won't be even worth their time. Now if someone decides to actively post for their own personal reasons (to help people??) that is very plausible. And it is habit-forming, and usually will focus on a few stocks at a time. Suddenly they are a "basher". LOL.
It is the stuff of pure fantasy.
I don't know the substance of what PP posted. But, interesting allegations against JBI from the OSC. Seems to be far more serious than the SEC allegations. Lots more credible than the notion that a bunch of negative posters are out to screw JBI, and being paid to do so by wall Street hedge funds... ROFL.
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