Basher's handbook Thanks to The Share for posting this on PYR board.
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 "sixpack" 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 to 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...
Basher - 1 Honest Investor - 0
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 semi-Basher 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.