What Is a "Basher"?
A "basher" is a person who sets out to
What Is a "Basher"?
A "basher" is a person who sets out to ruin the credibility of a stock or company that has shares on the open market. They do this usually for two reasons. They either profit from falling share prices via a method called "shorting" or they wish to scare investors into selling their shares at low prices so that they can buy them at less than what they believe they are actually worth. Even casting a shadow of doubt can be enough to keep a potential investor out thus keeping the price where they want it until they have accomplished their goal. You'll even see many bashers then turn around and "pump" the same stock once they've gained from the loses and now wish to profit from the gains.
There are a few who just enjoy stirring the pot but usually if a person sells their position in a stock, they leave any chats or forums where that stock is the main topic of discussion. Why wouldn't they? Who wants to sit and talk about a stock they are no longer invested in? A basher, that's who.
It's worth noting that there are some bashers who are actually paid by others to do their dirty work. A big time investor who perhaps stands to make thousands of dollars shorting a stock doesn't actually want to sit and bash their day away so, they pay others a fraction of what they believe they'll make to do so for them.
There are even writers, not unlike myself, who create articles specifically to bash a targeted stock. They are like sledgehammers because when people find these articles via searches to learn about a potential investment, they believe what they read. They trust it because "It's a whole website and looks legit." or "It came up in a search. It must be true."
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