LIES, LYING & LIARS
HOT STOCKS CONFIDENTIAL
By George Chelekis
https://old.artun.ee/~momentum/ebook/Chelekis,%20George%20-%20Essays%20On%20Stock%20Market%20Manipulation
/george%20chelekis%20-%20lies%20lying%20and%20liars.htm
LIES, LYING and LIARS.....
They can't help themselves. Liars tell fibs, exaggerate, fictionalize,hyperbolize,fabricate, and misrepresent something.
Especially themselves. And always their projects.
Those who lie don't just do it once. They do it on a continuous basis.If you hang aroundliars long enough, you will soon begin
to believe that black is white and white is red and red is blue. And soforth. The SECRETto detecting a liar is by observing
their behavior. The key is LOOK, don't listen.
If they are dumping their stock, they are telling you that "in 2 hourswe'll find outif this hole hits." Pure horsefeathers. If they tell
you the assays are coming back on Wednesday and you are still waiting aweek later, RUNfor the exit. If that incredible deal is
coming through in August, and we are now in December, RUN RUN RUN. Youare being playedfor a few more days,
weeks, months, etc. until a new wave of buying comes in. The insider,stock promoter, and(yes, even your) stockbroker
already knows or suspects the outcome and is frantically trying toprevent you fromdumping.... until that NEW wave of buying
can come in so they can dump THEIR shares.
There are a few observations I've made or even had handed to me whichcan help you detectthe liar who is lying. Here are
some of his lies:
1. The promoter suddenly changes his story. No, it is no longer silverin Mexico which thecompany has practically discovered.
Now, it is diamonds in the Ukraine. Similarly, it is no longer VoiseyBay, but now it isAlbania, where the company will find
copper. Any time that any promoter CHANGES his play, you are being liedto. Sorry, but itis a fact.
2. The "deal" is taking longer than expected. The Sultan will be flyingin fromBrunavia any day now with the "check." Forget it.
This is a lie. The play is over. Next, it will be the "Emperor" from"Mars" which will be flying in his spaceship with a load of
platinum.
3. The "deal" is so big that it is unbelievable. Well, it is. Anyonewho IS inbusiness, or has been in business, knows that
something that "just happens" overnight has been years in the making.(I oncehad a successful publishing company that "took
off" one day. Or so my new employees thought. I had actually tested it,piloted it,tinkered with it, ironed out most of the flaws,
etc. over a three year period!) Rule: When one is truly desperate, theygo for thegrandslam home run "of all time." And their
"success" depends entirely on getting YOU to believe it.
4. News releases which focus on "new appointees" or an "advisoryboard." Sounds great. Where's the meat? (Look carefully.
How can the company afford those people? With stock options?)
5. The company which has already found 15 million ounces of gold ontheir property and hasbegun NO exploration or very
early-stage exploration. These are a dime a dozen. And there arevariations on this.That's why the drill campaign is the lie
detector.
6. The company which has NO concrete plans to drill or lies about theirdrill program.Always bad news. The "word" is this:
Why ruin a good property by putting a drill to it? Yep, that's theword. Watch out for it.Anyone who has NO real plans to drill
has NOTHING. And the stock will soon become worthless.
I'm sure you have your favorites. Mine is this one: "The shorts arekilling us."Yes, the shorts are killing the stock because there
is a weakness there. It could be the insider blowing out his shares,the drill neverarrived, the drill broke, the accountant leaked
that there are NO earnings when there should be, etc. Yes, the shortsWILL find out andthey will massacre that stock. They
also know everyone else and are the first to smell a lie.
Those who lie don't just lie once. They do it all the time. It'sactually hard for them totell the truth. If the person on the other
end of the phone SOUNDS oily or sleazy, if he sounds like he'd make agreat used carsalesman, then you are probably being
lied to.
One SURE way to detect someone who the market has already figured to bea liar is the"impact" of the company's news
release. The stock stays pretty much flat before the announcement,continues flat afterthe announcement and drifts lower a little
later. All on very little volume. Why? No one believes the company orthe management. Theyare known for what they are:
Liars.
COPYRIGHT (c) 1995 by George Chelekis. ALL RIGHTS RESERVED.