RE: Stock bashing - is it real?9 Feb 2024 15:26
T oday I want to come clean about something I feel very badly about. I
cannot undo some of the things I have done, but hopefully this message
will prevent other such occurrences in the future.
I am a paid basher.
Yes, it is true. Today is my last day at this company; I'm moving on
to a new job. I've realized that there are more dignifying jobs out
there that can pay me equally as well. But before I go, I want to
explain a few things because this just isn't right and I won't feel
good about myself until I expose this sham. It's hurt too many people
and I don't want it on my conscience anymore. I can no longer live
with a lie.
I work for a company called Global Calumny Funds in Stamford, CT.
Basically, it's a Boiler Room much like the one in the movie of the
same name. The idea behind my group is to bash the price of a
company's stock down low enough to where the group of investors who
retained our company's services can buy the stock really cheap and
perhaps even take it over all together.
There are approximately 70 people at the company divided into several
groups. My group, consisting of 5 people, is responsible for IDWD.
While I probably shouldn't give any names of anyone working here now,
what the heck, I'm leaving here, so what can they do? sue me? Ha! I
can tell you that laptoptrader and janice shell were part of my group
until he left last week, as was ninaturtle. Others who have been part
of this include early bashers like hard data and Investorman. You may
be interested to know that some hypsters, such as MONEYMADE and even
Datatech!!, have also been part of the scam (more on that later).
There are several companies engaged in the bashing business, ours is
not the only one. However, I can tell you that not every basher in
here is a paid basher. Having done this for a year, I can usually tell
who is a paid basher and who is merely someone
having a little fun. While unpaid bashers have a different motive than
someone like me, they can be unwilling accomplices to helping me
achieve my ultimate goal and they also spread rumor and confusion
throughout a room, which also helps me.
What is that goal? Well, I am merely a cog in a much larger machine,
so my bosses never really explained the big picture to me, but I'd say
essentially, Shaddowwatch2oo3 was right. There are several companies
who are quite familiar with Jim Bishop and Janice Shell and who are
deathly afraid of them.
There are three types of bashers here at Global Calumny Funds:
Advanced, Intermediate and Beginner. An Advanced-level basher (also
known as a Silver Tongued Devil) would spread false or misleading
information about the company.
They would deal in facts, countering every longs post with articles,
news reports and opinion surveys that gave a negative impression about
the company.
An Intermediate-level basher (also known as a Serpent) would try to
weasel their way int
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