The Basher's Handbook From
https://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dr223l-Anatomy%20of%20a%20Basher%20-%20Do%20and%20Don%27t.pdf Sound familiar? (My highlights)
Lesson 1: Remember, BASHERS NEVER Bash A BAD
STOCK. Check the boards for stocks with no potential. They
never have any Bashers
. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to
bring the price down to either increase their position at the
expense of others or help a Short make their bones.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT
YOU HAVE HEARD MANY TIMES.
New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to
freshen up old news with a new date or by-line in an attempt to
fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to
wear you out.
They comment on everything, every other post,
and can answer every question. THEY KNOW IT ALL!
There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will
appear to the newbies as being the people with all the
information. This is best accomplished by posting positive, well
researched data on the company, repetitively, while trying hard
not to engage the Bashers in direct repartee. REMEMBER -
LONGS... RESIST USING THE BASHERS ALIAS!
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust
a Basher.
The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to
Oranges comparison. Remember each company is unique and
while it is prudent to seek out established indicators, do so with
care and don't take someone else's word for it. Strive to come
up with at least a "six-pack" of indicators so your vision of the
state of a company is not tied to a single barometer. Not doing
so is tantamount to going to a Race Track and betting on the
"Pretty Brown Horsey". BASHERS WANT TO WHISPER IN
YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT
YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE
TRUTH ON YOUR OWN. This is how they achieve their
greatest success.
DOUBT + FEAR + LAZINESS = BAIL OUT!
This is your investment... work for it, protect it and don't panic
on the words of very shadowy figure that "has your best
interest in their heart". Consider that one factor:
Someone you have never met, is not a member of your family, is now, out of the goodness of their hearts - GIVING YOU FREE ADVICE (that you didn't ask for). It's a no brainer. They have motives
$$$$$$$$$$$$.
Lesson 5: Bashers know YOU CAN'T VERIFY THEIR
STATEMENTS. That's why they make the vague statements
they do. They rely on you being too lazy to research their
droppings other than to scan the board for others opinions.
This is particularly dangerous when you consider that Bashers
work in packs and often validate and back up each others
nonsense with what appears to be "innocuous and unsolicited"
verification by comrade Bashers. Let's face it, we are all
conditioned to "believe" everything we see in writing. If others
by virtue of their "posts" also confirm this belief, then we are
subconsciously doomed to swallow the hook, line and sinker...
Lesson 6:
The Bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you won't
know the difference (unless you have done your own DD on the
company and know the truth and facts).
Lesson 7:
Bashers play on your lack of patience. You have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's
when the Basher is best. You are tired. You have forgotten the
goal for the stock was to hold it for one year. The Basher is
bothersome, so you dump it on a bad day. Some others also
dump. Then you get mad for your loss and return to let
everyone know how mad you are. Then you turn into a
semiBasher as well.
THE BASHER HAS WON, AND GAINED A NEW ALLY - YOU!
Lesson 8:
BRING THE PRICE DOWN. That is the Basher's job. The truth is not important. Lies are the norm. Post
continuously on the board every day. They are trying to scare
the newbies that are just investigating a stock. They are trying
to wear down the faithful longs on the board and gain free reign
and control