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[sharechat] Ramping on this forum


From: "nick" <acummin@es.co.nz>
Date: Sat, 2 Sep 2000 11:12:57 +1200


             The question of whether there has ever been an orchestrated
 of ramping using this forum is an interesting one.
  Having been a keen reader and contributor to this excellent forum for a
long time
i feel that none of the regulars have ever been guilty of any serious
ramping.
    By serious i mean collaborating with (or creating other identities)
others in an attempt to push up the price of a stock by a concerted effort
in hyping.
            There have been a few times in the last year or two however when
i
have been very suspicious about ramping on this forum.
 Every time it has involved one of the lesser stocks (aql , rmg itc etc)
and has been characterized by a sudden flooding of the group with messages
hyping the stock up, usually by contributors who don't usually post.
     The next day (or few days) money floods in to the stock, but
nearly always a large amount flows out (the smart money).
     The usual result is that those who have been swept along by the hype
usually suffer, while those perpetrating it exit with their ill gotten
gains.
           It is very easy to be swept along by hype but time and again we
have
seen that hype is usually all there is. Next time this forum is subjected to
one
of these concerted hype campaigns , be well advised that unless the company
is very sound then chances are you have been the unwitting victim of a ramp.

         Nick





> tony, Sendiments aside, bob prikker question the very
> existence of "chatters" behind the names. Many of them
> are not merely "followers" of "insight brain" but a
> team of "hyping and ramping squadron" invented by some
> "mother(s) of all hypers" on this site. You will be
> the judge...
>
> bob prikker



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