The TRUTH I know this to be. In the past, spent y
Post# of 9903
In the past, spent years have I posting on the iScam boards and deleted most of my posts were. Why? Bullish and long, while seemingly most others always bashing they were.
Eventually I noticed that they began becoming so blatant and overly confident, they would post threats of a shorting attack coming 'soon' and then later in the day or the next day it would happen, crushing the stock by 80% or more.
It is quite apparent that the entire system is a shorty basher manipulation ring.
Eventually calling them out on this my account was immediately banned from the site. LuckyMyDog and Janice both sent me personal messages on the minute of the ban (timestamped) with nasty name calling content which I did not bother to read.
They like to insist how shorting penny stocks is impossible, $2.50/share margin requirements, etc etc etc, however the posts they always delete are the ones which describe in detail the technicalities of how to get around these alleged requirements. Its an offshore scam whereby OTC market makers are working with offshore crony hedge funds which engage in massive NAKED SHORT selling in the OTC tickers they bash 24/7. SEC has investigated them before and the CEO was indicted on manipulation and fraud however SEC has not yet shut the company down, likely because they operate out of Europe.
They attacked the ticker, SFIO and subsequently waited for months to front run an SEC litigation announcement, 25 minutes before the announcement hit Routers, they were boasting how they were about to take the stock down and how I should really come over to the 'dark side' because 'there is a lot of money to be made naked shorting', the stock was taken down 75% in the last 45 minutes of trading and then immediately globally locked by the crony DTCC with no reason for the lock and is still locked to this day. If any are interested just go look at the SFIO board, all the posts are still there, from June 2011 through July 2011, pitadog and friends bashing nonstop every day, calling it a scam. Any posts relating to short sale figures, explanations of what could be happening in the stock based upon short sales and failures to deliver immediately deleted.
The entire system is a fraud and a scam to fleece OTC traders of whom would allow their sentiment to be swayed by a few fraudsters in Europe.
Steering clear of the whole criminal fraud manipulation ring is highly suggested.
The dark side clouds everything, difficult to see the future is.
May the force be with you.