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Posted 3 months, 1 day ago. http://www.timothysykes.com/timsykes/2008/06/08/timradio-5-chris-lahiji-founder-of-ldmicrocom/

TIMradio #5: Chris Lahiji, Founder Of LDMicro.com

Tags: Interviews, TIMradio

Before I started going ballistic with all my press, there was a younger, more press-hungry microcap stock guy named Chris Lahiji. His claim to fame was reading something like 12,000 annual reports and he also managed to become the youngest mutual fund manager in history! While there was another young microcap guy who also got a ton of attention, Jonathan Lebed, who famously got sued by the SEC for manipulating stocks when he was just a wee little teenager, Lahiji’s fame, like mine, was due to legal financial activities, which, call me crazy, is a little more deserving of respect (even if our society sadly prefers crap like Scarface and Blow to the biographies of the true greats JP Morgan and Bernard Baruch).

Neither Lahiji nor me are fund managers anymore, he now raises capital fro microcaps (through LDMicro.com) while I just short ‘em and Lebed, well, I guess he’s still doing the same thing although his disclaimers make it “legal”. Basically we each represent 3 of the 5 major microcap angles: financier, pumper and short seller, while we’re still looking for the other 2 positions, market maker and sucker investor, to round out our gang. And FYI Lebed’s income blows away me and Lahiji, pumping pays waaaaay better than actual business dealings or teaching/trading, especially in this corrupt lil niche.

Enough of me writing, click the interview below to hear me and Chris babble, it’s fun and interesting, I promise.

Listen to Chris Lahiji’s Interview

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8 Responses

  1. 1RebelMogul.com

    June 8th, 2008 at 12:54 pm

    Pump and Dump Yeah Yeah!!!

    $$$$$$ Rebel Mogul (dot) Com

  2. 2hottpotat0

    June 8th, 2008 at 2:58 pm

    on these pumper guys… do they selloff(go short) major shares(either their own or clients) into the hype they create?-larry livermore talks about those type of opperations occurring back in the early 1900’s -so i figure the same as happening now-who was the schmuck that accussed you Timmay of secretly going long into the short hype you create??? anyhow just wondering about these chaps strategies- because larry livermore would short and go long with impunity after a stock ran one way or another-he would go long and when he felt it topped he would cash in and go short-almost helping the stock breakdown(self fullfilling prophecy)and selloff and then he would go long again after it hit bottom-he got caught with his pants down a few times(when people played crooked with him) but he timed the mkt cycles well-do these guys play these mini cycles they create!!!!!!!!!!!!!!!!!?????????????????????

  3. 3hottpotat0

    June 8th, 2008 at 2:59 pm

    on these pumper guys… do they selloff(go short) major shares(either their own or clients) into the hype they create?-larry livermore talks about those type of opperations occurring back in the early 1900’s -so i figure the same as happening now-who was the schmuck that accussed you Timmay of secretly going long into the short hype you create??? anyhow just wondering about these chaps strategies- because larry livermore would short and go long with impunity after a stock ran one way or another-he would go long and when he felt it topped he would cash in and go short-almost helping the stock breakdown(self fullfilling prophecy)and selloff and then he would go long again after it hit bottom-he got caught with his pants down a few times(when people played crooked with him) but he timed the mkt cycles well-do these guys play these mini cycles they create? what say ye TIMMAY?

  4. 4Mike_13th

    June 8th, 2008 at 3:08 pm

    Hey Timmay,
    Here’s the hot news alert!!

    LAS VEGAS, NV, Jun 06, 2008 (MARKET WIRE via COMTEX) — Rudy Nutrition, Inc. (PINKSHEETS: RUNU) is pleased to announce that Southern Methodist University head football coach June Jones has joined the Rudy Beverage team as a celebrity endorser. Coach Jones will make personal appearances on behalf of Rudy Beverage and will be featured in advertising and promotional campaigns.
    Jones says ” football players love the taste of this stuff”
    OH BOY!!
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    No wonder Jone’s nickname is Ju, that seems alot better than June for a guy.
    So now we got Ju with Rudy

    MOMO will now always be known as JURU

  5. 5hottpotat0

    June 8th, 2008 at 3:32 pm

    HERE IS A IMPORTANT LESSON FROM LARRY LIVERMORE…

    “it is well to

    remember a rule of manipulation, a rule that Keene and his able

    predecessors well knew. It is this: Stocks are manipulated to

    the highest point possible and then sold to the public on the

    way down.

    Let me begin at the beginning. Assume that there is some

    one — an underwriting syndicate or a pool or an individual that

    has a block of stock which it is desired to sell at the best

    price possible. It is a stock duly listed on the New York Stock

    Exchange. The best place for selling it ought to be the open

    market, and the best buyer ought to be the general public. The

    negotiations for the sale are in charge of a man. He or some

    present or former associate has tried to sell the stock on the

    Stock Exchange and has not succeeded. He is or soon becomes

    sufficiently familiar with stock-market operations to realise

    that more experience and greater aptitude for the work are

    needed than he possesses. He knows personally or by hearsay

    several men who have been successful in their handling of

    similar deals, and he decides to avail himself of their

    professional skill. He seeks one of them as he would seek a

    physician if he were ill or an engineer if he needed that kind

    of expert.

    Suppose he has heard of me as a man who knows the game.

    Well, I take it that he tries to find out all he can about me.

    He then arranges for an interview, and in due time calls at my

    office.

    Of course, the chances are that I know about the stock and

    what it represents. It is my business to know. That is how I

    make my living. My visitor tells me what he and his associates

    wish to do, and asks me to undertake the deal.

    It is then my turn to talk. I ask for whatever information

    I deem necessary to give me a clear understanding of what I am

    asked to undertake. I determine the value and estimate the

    market possibilities of that stock. That and my reading of

    current conditions in turn help me to gauge the likelihood of

    success for the proposed operation.

    If my information inclines me to a favorable view I accept

    the proposition and tell him then and there what my terms will

    be for my services. I f he in turn accepts my terms the

    honorarium and the conditions — I begin my work at once.

    I generally ask and receive calls on a block of stock. I

    insist upon graduated calls as the fairest to all concerned. The

    price of the call begins at a little below the prevailing market

    price and goes up; say, for example, that I get calls on one

    hundred thousand shares and the stock is quoted at 40. I begin

    with a call for some thousands of shares at 35, another at 37,

    another at 40, and at 45 and 50, and so on up to 75 or 80.

    If as the result of my professional work my manipulation —

    the price goes up, and if at the highest level there is a good

    demand for the stock so that I can sell fair-sized blocks of it

    I of course call the stock. I am making money; but so are my

    clients making money. This is as it should be. If my skill is

    what they are paying for they ought to get value. Of course,

    there are times when a pool may be wound up at a loss, but that

    is seldom, for I do not undertake the work unless I see my way

    clear to a profit. This year I was not so fortunate in one or

    two deals, and I did not make a profit. There are reasons, but

    that is another story, to be told later perhaps.

    The first step in a bull movement in a stock is to

    advertise the fact that there is a bull movement on. Sounds

    silly, doesn’t it? Well, think a moment. It isn’t as silly as it

    sounded, is it? The most effective way to advertise what, in

    effect, are your honourable intentions is to make the stock

    active and strong. After all is said and done, the greatest

    publicity agent in the wide world is the ticker, and by far the

    best advertising medium is the tape. I do not need to put out

    any literature for my clients. I do not have to inform the daily

    press as to the value of the stock or to work the financial

    reviews for notices about the company’s prospects. Neither do I

    have to get a following. I accomplish all these highly desirable

    things by merely making the stock active. When there is activity

    there is a synchronous demand for explanations; and that means,

    of course, that the necessary reasons for publication supply

    themselves without the slightest aid from me.

    Activity is all that the floor traders ask. They will buy

    or sell any stock at any level if only there is a free market

    for it. They will deal in thousands of shares wherever they see

    activity, and their aggregate capacity is considerable. It

    necessarily happens that they constitute the manipulator’s first

    crop of buyers. They will follow you all the way up and they

    thus are a great help at all the stages of the operation. I

    understand that James R.’ Keene used habitually to employ the

    most active of the room traders, both to conceal the source of

    the manipulation and also because he knew that they were by far

    the best business-spreaders and tip-distributors. He often gave

    calls to them verbal calls above the market, so that they might

    do some helpful work before they could cash in. He made them

    earn their profit. To get a professional following I myself have

    never had to do more than to make a stock active. Traders don’t

    ask for more. It is well, of course, to remember that these

    professionals on the floor of the Exchange buy stocks with the

    intention of selling them at a profit They do not insist on its

    being a big profit; but it must be a quick profit.

    I make the stock active in order to draw the attention of

    speculators to it, for the reasons I have given. I buy it and I

    sell it and the traders follow suit. The selling pressure is not

    apt to be strong where a man has as much speculatively held

    stock sewed up in calls — as I insist on having. The buying,

    therefore, prevails over the selling, and the public follows the

    lead not so much of the manipulator as of the room traders. It

    comes in as a buyer. This highly desirable demand I fill — that

    is, I sell stock on balance. If the demand is what it ought to

    be it will absorb more than the amount of stock I was compelled

    to accumulate in the earlier stages of the manipulation; and

    when this happens I sell the stock short that is, technically. In

    other words, I sell more stock than I actually hold. It is

    perfectly safe for me to do so since I am really selling against

    my calls. Of course, when the demand from the public slackens,

    the stock ceases to advance. Then I wait.

    Say, then, that the stock has ceased to advance. There

    comes a weak day. The entire market may develop a reactionary

    tendency or some sharp-eyed trader my perceive that there are no

    buying orders to speak of in my stock, and he sells it, and his

    fellows follow. Whatever the reason may be, my stock starts to

    go down. Well, I begin to buy it. I give it the support that a

    stock ought to have if it is in good odour with its own

    sponsors. And more: I am able to support it without accumulating

    it — that is, without increasing the amount I shall have to

    sell later on. Observe that I do this without decreasing my

    financial resources. Of course what I am really doing is

    covering stock I sold short at higher prices when the demand

    from the public or from the traders or from both enabled me to

    do it. It is always well to make it plain to the traders and to

    the public, also that there is a demand for the stock on the way

    down. That tends to check both reckless short selling by the

    professionals and liquidation by frightened holders which is the

    selling you usually see when a stock gets weaker and weaker,

    which in turn is what a stock does when it is not supported.

    These covering purchases of mine constitute what I call the

    stabilising process.

    As the market broadens I of course sell stock on the way

    up, but never enough to check the rise. This is in strict

    accordance with my stabilising plans. It is obvious that the

    more stock I sell on a reasonable and orderly advance the more I

    encourage the conservative speculators, who are more numerous

    than the reckless room traders; and in addition the more support

    I shall be able to give to the stock on the inevitable weak

    days. By always being short ‘I always am in a position to

    support the stock without danger to myself. As a rule I begin my

    selling at a price that will show me a profit. But I often sell

    without having a profit, simply to create or to increase what I

    may call my risk less buying power. My business is not alone to

    put up the price or to sell a big block of stock for a client

    but to make money for myself. That is why I do not ask any

    clients to finance my operations. My fee is contingent upon my

    success.

    Of course what I have described is not my invariable

    practice. I neither have nor adhere to an inflexible system. I

    modify my terms and conditions according to circumstances. A

    stock which it is desired to distribute should be manipulated to

    the highest possible point and then sold. I repeat this both

    because it is fundamental and because the public apparently

    believes that the selling is all done at the top. Sometimes a

    stock gets waterlogged, as it were; it doesn’t go up. That is

    the time to sell. The price naturally will go down on your

    selling rather further than you wish, but you can generally

    nurse it back. As long as a stock that I am manipulating goes up

    on my buying I know I am all hunky, and if need be I buy it with

    confidence and use my own money without fear precisely as I

    would any other stock that acts the same way. It is the line of

    least resistance. You remember my trading theories about that

    line, don’t you? Well, when the price line of least resistance

    is established I follow it, not because I am manipulating that

    particular stock at that particular moment but because I am a

    stock operator at all times.

    When my buying does not put the stock up I stop buying and

    then proceed to sell it down; and that also is exactly what I

    would do with that same stock if I did not happen to be

    manipulating it. The principal marketing of the stock, as you

    know, is done on the way down. It is perfectly astonishing how

    much stock a man can get rid of on a decline.

    I repeat that at no time during the manipulation do I

    forget to be a stock trader. My problems as a manipulator, after

    all, are the same that confront me as an operator. All manipulation

    comes to an end when the manipulator cannot make a stock

    do what he wants it to do. When the stock you are manipulating

    doesn’t act as it should, quit. Don’t argue with the tape. Do

    not seek to lure the profit back. Quit while the quitting is

    good and cheap.” end quote-

    great stuff 101 for the course!!!

  6. 6timothysykes

    June 8th, 2008 at 6:00 pm

    who knows exactly what they do, it’s impossible to ever really tell…just stick by the charts and check out my new post:

    http://www.timothysykes.com/20.....-promoter/

  7. 7Matthew

    July 5th, 2008 at 6:24 pm

    Watched all Tim’s youtube video’s on the net. It’s great when Tim recites the symbol without the company’s name and the host gets annoyed. They just don’t GET IT. The company doesn’t matter! We are trying to make money!

    Same thing here, it doesn’t matter what these pumper and dumpers are really doing unless your aim is to become one of them. All that matters is that you can profit from them if you know what to look for and have discipline.

    After watching Tim’s HYGS trade in real time, I am a believer. Buy his DVD and alerts, and get a thinkorswim account.

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