Many of us veteran microcrap traders remember TheStockster.com as a great little promo machine for pumping up shitty companies aka great for creating short selling opportunities. Unfortunately Osama bin SEC shut them down, whining about misleading investors. You can read the full complaint HERE, but it’s funny that they singled this guy out for misleading investors as that basically sums up all of Wall Street!
(Yeah I said it, everybody who’s been in the game for more than a few years knows that’s reality…whatcha gonna do Osama bin SEC, shut down all of Wall Street? Nah of course not, you guys are incompetent/understaffed/underpaid/terrorist pricks!) (Newbies/idiots: you really think manipulation is limited to penny stocks? C’mon grow up Peter Pan, Count Chocula–all you gotta do is look at what’s happened with the $330 billion auction rate security market–supposedly “safe”, or marketed that way, investments, which have now become worthless overnight…not to mention all the fraud involved.–to toughen you up)
Anyway, some guy who identifies himself as Mark Groanboom and linked to the new TheStockster.com (supposedly under new management even though it’s currently a blank site) commented on my blog post that talked about 99% of penny stocks being frauds/schemes/scams saying:
Simply not true. Your attempts to gain notoriety as the man who brings down penny stocks is pathetic.
Congrats Mark, you actually made me LOL. Laughing at your stupidity. You friggin moron, why the hell would I want to “bring penny stocks down”–if you did any research whatsoever or had the literacy of a four-year-old, you’d know my book An American Hedge Fund details how I made a fortune off penny stocks, my instructional DVD is called PennyStocking aka tries to get people more comfortable playing these flea-ridden “companies”, my strategy that’s yielded a solid 60% return over the past few months is all about profiting from the corruption/manipulation/incompetence/ignorance that represent this joke of a niche–and doing it the legal way through buying breakout chart patterns and short selling, again based on chart patterns or at the very least–since you seemingly can’t read–you’d have seen that big ass picture of me on this site with the phrase “You Can’t Handle The Pump” and gotten interested enough to click it and see that I actually have no problem whatsoever with stock promoters–for without them, there’d be far fewer ideal short selling opportunities! Yup, I love you bastards and now I’m gonna take you mainstream!
Thank you Mark, thank you for your total disregard for research, thank you for your illiteracy, thank you for your incompetence–in short, thank you for exemplifying the EXACT kind of person who plays penny stocks and why there’s soooooo much opportunity for those who care to think just a bit more than you and why it’s soooooooo easy to profit from trading these schemes.
I hope your new site takes off–hell, I’ll even link to your “articles”, anybody dumb enough to buy a site busted for stock manipulation has def gotta have plans for further manipulation. Good! Here’s a tip: stay offshore, use accurate disclaimers and for god’s sake learn to read!
PS Osama bin SEC, I dare you to try to come after me, I list all my trades/ideas/theories/strategies openly, I have no other trading accounts, I take no money from any stock promoter/penny stock/penny stock shareholders, I don’t trade against my picks, I have no connections who trade against my picks, nothing I say/write or do is a recommendation to buy or sell any securities, penny stock trading is RISKY SHIT and everything I say and do is for entertainment purposes only. So haters, bring it, no better feeling than having a totally transparent business model, wish you could all be so lucky!
Posted in Basics, idiots, Manipulation