Jim van Meerten is notorious for his long picks in promotional mailer stocks Clear-Lite Holdings, Inc. (CLRH) and NXT Nutritionals Holdings Inc. (NXTH) “inadvertently” calling each one’s top rather perfectly in his articles n The otley Fool & in Seeking Alpha:
And because I gave him a lot of crap for that and rubbed in the fact that not only did he not read the SEC filings or did he realize (so he claims) that both stocks were promoted by the same group of stock promoters, have the same CFO and the same IR firm…he posted a followup article on The Motley Fool, accusing me of fraud, manipulation, lying and substance abuse, all without any evidence whatsoever.
The Motley Fool deleted that post so I can’t link it, but as I pointed out in my original post which included this poll, Jim was kind enough to post those accusations on his own blog too….and take a shot at The Motley Fool for “siding with stock manipulators”….I’d link to those posts, but since he couldn’t dig up any facts to support his thesis, he deleted those 2 posts too claiming “my aliases” were posting abusive comments (rubbish…I read the comments, they were simply asking him questions he failed to answer…FYI Jim, if any comment was abusive, you can always just delete that comments…just like you did to my comment in your latest post which you haven’t deleted)
The accusing me of things and then deleting of blog posts is very reminiscent of when the CEO of promotional mailer stock EMGE tried attacking me before his lawyer probly told him to delete his blog post, but as the former reigning title-holder of “the dumbest person in all of finance” his blog post accidentally told the world that his company was under SEC investigation! LOL, I can’t make this stuff up, I say penny stock people have the intelligence of Forrest Gump; you thought I was kidding, but now you’re seeing what I see on a daily basis.
Jim van Meerten even refuses to answer the question I posed him in the comments of this podcast: considering the stock promoters used Jim van Meerten’s name and quotes form his article when all those others quoted or featured have stock promoter ties or have been compensated with cash or shares, I asked him whether they contacted him for approval and more importantly, why he was attacking the guy exposing the stock promotion, not the promoters who used his name….no response as of yet….and given that we’re dealing with promoted penny stocks here, everyone is guilty until proven innocent.
Check out the podcast Jim and I did with The Disciplined Investor and realize that some people think I bullied him, but I don’t think I was anywhere near hard enough given the magnitude of his sins, his inability to apologize and his outlandish accusations against me.
The podcast is nearly an hour long, but Andrew talks general market talk and economics for the first 20 minutes, so visit the podcast HERE and let me know what you think!
PS Jim, I’d appreciate an honest review of that PennyStocking Part Deux DVD package we sent you, hopefully it can educate you enough so you won’t make such horrible picks in the future.
Posted in idiots, Incompetence, Stock Promoters

