Post by
maggie6359 on Jan 10, 2014 9:00pm
How to Recognize Bashers Part I
I'm not sure I can, but this old post on stockhouse is always worth a read.
HOW TO RECOGNIZE STOCK BASHERS; PART 1
Boards are filled with bashers using a variety of aliases, posting false or misleading information, all in all making it very difficult for a newcomer to tell truth from fiction.
For nervous investors, it is often easier to sell the stock and put the money in the bank. These are the people on whom the bashers prey. Bashers bet on a stock to go down and they do their best to help it happen. They are not concerned with the risk of loosing money like the average investor, because they are usually paid to bash the stock. In other words, they are not using their personal funds and are not actually investing themselves, or at least not in that stock. Additionally, bashers do not wait for the markets to go up or down; they make them move themselves. Bashers use fear, lies, and falsehoods to prey on the nervous investor, thus influencing the markets in their favor.
LESSON 1
Bashers never bash bad stocks. You can watch the board for stocks with no potential. You’ll see pretty quickly that those stocks don’t have bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
LESSON 2
Bashers bring up old news that you have heard many times.
New start-up companies always have a few bits of bad news. The basher will post these bits over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you. Don’t be fooled!
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. To hear them say it, they know it all.
There is no positive comment they won't bash. They try to control the board with their negativity. If they seem to be working on this one stock full time, that’s because they are! Even more than full-time.
LESSON 4
Bashers will lie to your face (or your keyboard). Never trust a basher. The truth on start-up companies is that many mistakes are made and losses happen. The basher will try to make you believe all start-up companies make a profit, release financials every quarter, and have all aspects of the business running smoothly from the start. This is not true. Anyone who says it is true is either lying or ignorant. Don’t listen to either kind. Start-up companies can go years without profits; this is the nature of the beast.
LESSON 5
Bashers know that you can’t verify their statements. That's why they make the statements they do. You can’t check them out and you may just believe them and then they win. Either way, they don’t lose.
LESSON 6
Bashers play on your lack of knowledge. They count on the fact that they can lie about information and you won’t know the difference. And you won’t, unless you have done your assessment of the company and know truth from lie.
LESSON 7
Bashers play on your lack of patience. You have held a penny stock for a while, knowing it will be a big penny stock someday. The basher can get to you because you are tired of waiting for your gain. When you are getting your plan, you are ripe for a bashing. You are tired and you’ve forgotten that the goal for the penny stock was to hold it for one year, then see where it stands. The basher is bothersome and tiring, so you dump it on a bad day and so do others. Then you get angry about your loss and you return to the board to let everyone know how mad you are. Congratulations, you too have become a basher. The basher has won and gained a new, unwitting, partner. At this point the basher will buy low and become a pumper, maybe using a new alias, and will try to reverse