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madcowdisease
07-20-2006, 06:30 PM
Strange, 69 ppl viewing this site at 18:29 on 7/20/06 yet only 8 members signed in (madcowdisease, Thierry Martin, Katibel, mlegha1, aiki14, roy, Will, Lou). Think somebody is gathering ideas?
Svenwulf
07-20-2006, 09:10 PM
Its pretty usual i think. As great a site as Thierry runs, i dont think we are quite market movers yet lmao!
madcowdisease
07-20-2006, 09:28 PM
Its pretty usual i think. As great a site as Thierry runs, i dont think we are quite market movers yet lmao!
I wouldn't be so sure. On some of the pennies that get played on here a half-dozen ppl with mega capital can make these things jump.
Svenwulf
07-20-2006, 09:54 PM
I was curious about the regs around that. Around private, individual investors who band together of their own volition? Maybe some veterans here can shed some experience- seems to me it would have to be illegal. but on the trader stocks i watch, it seems like their are def factions.(ok i get bored, and go laugh at the message boards.) How can that be regulated?
madcowdisease
07-20-2006, 10:47 PM
I was curious about the regs around that. Around private, individual investors who band together of their own volition? Maybe some veterans here can shed some experience- seems to me it would have to be illegal. but on the trader stocks i watch, it seems like their are def factions.(ok i get bored, and go laugh at the message boards.) How can that be regulated?
I'm aware of websites or "bulletins" that notify a host of "subscribers" of a stock in order to push it through certain technical indicators. This in turn creates a blip on the screens of technicians and theoretically everyone enjoys the ride as traders pile on. It's manipulation without a doubt, and to me seems quasi-illegal. But I'm not the federalies so what do I care?
aiki14
07-20-2006, 11:12 PM
I'm aware of websites or "bulletins" that notify a host of "subscribers" of a stock in order to push it through certain technical indicators. This in turn creates a blip on the screens of technicians and theoretically everyone enjoys the ride as traders pile on. It's manipulation without a doubt, and to me seems quasi-illegal. But I'm not the federalies so what do I care?
Manipulation is illegal when the information is privileged (like when an investment banker lets his pals know about the merger he's financing) and gives someone an unfair advantage or when the disseminator knows or should know (legalese) it to be untrue. If you really want to get into the legal stuff try this:
www.sec.gov
optimus25
07-20-2006, 11:55 PM
Stock manipulation is perfectly okay unless you start pushing false information. In the height of the dot com era, you had some people making out like bandits when they bought stock then posted on the web.
optimus25
07-20-2006, 11:58 PM
Actually, let me rephrase that. Stock manipulation is bad, if you purposely do it.
But there are plenty of ways to get stocks noticed aside from posting BS on the web. I use to do screens of stocks in long-based accumulation in which the stock traded at a narrow range for 6-12 months. They were hard to find but you see the long consolidation pattern. After so many months of consolidation you start seeing small up blips because there are no more sellers and the accumulators start buying at a feverish pitch. The do this for a couple of days and get all the technicians/speculators into the stock. As the stock starts to make its move, the accumulators start to slowly thin out their positions.
madcowdisease
07-21-2006, 03:06 PM
Actually, let me rephrase that. Stock manipulation is bad, if you purposely do it.
But there are plenty of ways to get stocks noticed aside from posting BS on the web. I use to do screens of stocks in long-based accumulation in which the stock traded at a narrow range for 6-12 months. They were hard to find but you see the long consolidation pattern. After so many months of consolidation you start seeing small up blips because there are no more sellers and the accumulators start buying at a feverish pitch. The do this for a couple of days and get all the technicians/speculators into the stock. As the stock starts to make its move, the accumulators start to slowly thin out their positions.
Sounds similar to what I was describing in those newsletters / bulletins. Get the oscillators to turn up and everyone jumps on the bus. Yet always someone is left holding the bag.
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