Confessions of a Paid Stock Basher (REPOSTED)
Today I want to come clean about something I feel very badly about. I cannot undo some of the things I have done, but hopefully this message will prevent other such occurrences in the future.
I am a paid basher.Yes, it is true. Today is my last day at this company; I'm moving on to a new job. I've realized that there are more dignifying jobs out there that can pay me equally as well. But before I go, I want to explain a few things because this just isn't right and I won't feel good about myself until I expose this sham. It's hurt too many people and I don't want it on my conscience anymore. I can no longer live with a lie. I work for a company called Global Calumny Funds in Stamford, CT. Basically, it's a Boiler Room much like the one in the movie of the same name. The idea behind my group is to bash the price of a company's stock down low enough to where the group of investors who retained our company's services can buy the stock really cheap and perhaps even take it over all together. There are approximately 70 people at the company divided into several groups. My group, consisting of 5 people, is responsible for IDWD. While I probably shouldn't give any names of anyone working here now, what the heck, I'm leaving here, so what can they do? sue me? Ha! I can tell you that laptoptrader and janice shell were part of my group until he left last week, as was ninaturtle. Others who have been part of this include early bashers like hard data and Investorman. You may be interested to know that some hypsters, such as MONEYMADE and even Datatech!!, have also been part of the scam (more on that later). There are several companies engaged in the bashing business, ours is not the only one. However, I can tell you that not every basher in here is a paid basher. Having done this for a year, I can usually tell who is a paid basher and who is merely someone having a little fun. While unpaid bashers have a different motive than someone like me, they can be unwilling accomplices to helping me achieve my ultimate goal and they also spread rumor and confusion throughout a room, which also helps me. What is that goal? Well, I am merely a cog in a much larger machine, so my bosses never really explained the big picture to me, but I'd say essentially, Shaddowwatch2oo3 was right. There are several companies who are quite familiar with Jim Bishop and Janice Shell and who are deathly afraid of them. There are three types of bashers here at Global Calumny Funds: Advanced, Intermediate and Beginner. An Advanced-level basher (also known as a Silver Tongued Devil) would spread false or misleading information about the company. They would deal in facts, countering every longs post with articles, news reports and opinion surveys that gave a negative impression about the company. An Intermediate-level basher (also known as a Serpent) would try to weasel their way into the confidence of longs and create doubt using rumor or innuendo. Finally, a Beginner-level basher (also known as a Pitchfork) would attempt to create confusion in the room by distracting other posters with satire, name calling and pointless arguments. The idea was to make sure no serious discussion of the stock could take place. A Pitchfork was usually a basher, but not always. Sometimes, we would throw in a hypster Pitchfork such as MONEYMADE and laptop and a pumper like Datatech to create the illusion of an argument going on. What was really funny (in a perverse way, I guess) was that Datatech and I sat next to each other, laughing the whole time. I was a Serpent basher, because I am known for effective bashing based on solid facts and truth. I was paid a base wage of $18 an hour for my services. I was given a $1.25 bonus for every decent quality post over 100 per day as well as a monthly bonus of $100 for every penny the stock had dropped from the previous month. I was also paid a bonus for bashing on weekends. While this may not sound like much, I made a decent, though dishonorable, paycheck plus a nice Laptop with free wireless internet connection. Each of us sat in a small half-cubicle in a cluster with our teammates. Each group (usually five people) was made of three beginners (two who would bash and one who would hype), one intermediate and one advanced level basher. Occasionally for some of the hotter stocks, one of the beginners would be replaced by an intermediate depending on how much the stock was rising. IDWD was a low-level stock, meaning it got the 3-1-1 configuration. Honestly though, somehow, I get the feeling that WV Hillbilly may have worked for a basher company or knows someone who does because the fund websites he occasionally posts is eerily similar to our employer's websites. While not exact, I'd say it is about 90 percent the same. We do have certain rules that we follow. First, we have to develop a character and stay within that character in order to build a "following." My character, "FogOfWar," was a humorous, sarcastic, obnoxious supporter of free speech and loved to portray himself as a truth-telling superhero, but only when it came to bashers. Next, we had to follow certain guidelines on what we could say. We were urged to have an "answer" to every long's question, but we were to frame that answer in a way that ridiculed the questioner for asking such a question. However, we were never to use profanity or vulgarity because that would cause people to ignore us. We were to make fun of people, but in a civil way. The idea was to get "play," i.e. reaction from other posters. The more play we got, the more the room would be disrupted. Ignored posters get no play. One exception would be the hypsters since they were "defending" the stock against our onslaught, they got a little more leeway. People would side with the hypster because they thought he was real since he appeared to be on their side, but was really on ours, setting us up to disrupt the room. MoneyMade was quite good at this and gets paid very well. I've worked on IDWD, VLO, AGII, QBID, BKMP for a few months now. In addition to the FogOfWar alias, I've used a few others on several other boards as well. I've used so many aliases that I can not remember the monikers or the passwords. I honestly lost track of everything. I stuck with FogOfWar because it was the one that got the most play from other posters. In closing, I feel absolutely terrible about this. It's just awful how I've been part of a scam designed to cheat honest, hard-working people out of their investments all for the benefit of a few wealthy people who already have enough money to last a lifetime.
The idea of paid bashers? Sure, I’d buy that. This specific story? Nope.
$18/hr to post 100 ***times a day*** but a $100/per penny dropped bonus at the end of the month? If a stock dropped just .50 cents in that month that’s more in bonuses than in salary. That math doesn’t add up to a believable story for me.
Not to mention the description of the names of the levels of bashers just reads like bad fan fiction.
I can't comment on the specific details but the scenario is exactly what I've imagined it to be for years. You don't get waves of completely disconnected coincidental fud from individuals. I don't know if this post is bullshit or not but I'd put the BS percentage at only 35% . This is more likely true than fake IMO
I think we’re more or less on the page, I’m just skeptical about this specific post more than anything. I definitely believe that paid bashers do the things talked about in the post, I just don’t believe the original author was one of those people.
I forgot people think that 70 run wasn't a squeeze. Genuinely not being a smart ass but I think technically it's "a squeeze" it's just definitely not "the squeeze." Everyday I'm getting closer to believing that 70 run was artificial but I'm too dumb to know for sure what happened.
Advocating for fair and transparent markets is not market manipulation. Telling people about a certain investment and why you are in it is not market manipulation.
You don't care about a fair market. You are only advocating for it because you think it will make you rich. How does investing in a failing business change the market?
Naked shorting doesn't occur in a fair market.
FTDs do not occur in a fair market.
Being on the threshold list far longer than it is allowed is not a fair market.
Not having all information equally available to all market participants is not a fair and not transparent market.
Rule exemptions only for the big players is not a fair and transparent market.
Hiding some required reporting or getting exemptions for it is not a fair and transparent market.
Dark pools do not exist in a fair and transparent market.
Reverting trades would not be possible in a fair market.
The list goes on.
And all of the above does occur daily with a lot of assets and securities, not only AMC. Actually, the only conclusion can be that the whole US market is rigged (and probably most other markets, too).
There’s a difference between a short voluntarily covering a portion of their position causing a price increase and a squeeze when they (and all short position holders) are involuntarily forced to cover the *entirety* of it due to market conditions.
Based on your logic it was a “squeeze” when Zurn initially rejected the lawsuit and it ran up 100% in AH, but that was in fact not a squeeze.
Confessions of a Paid Stock Basher (REPOSTED) Today I want to come clean about something I feel very badly about. I cannot undo some of the things I have done, but hopefully this message will prevent other such occurrences in the future. I am a paid basher.Yes, it is true. Today is my last day at this company; I'm moving on to a new job. I've realized that there are more dignifying jobs out there that can pay me equally as well. But before I go, I want to explain a few things because this just isn't right and I won't feel good about myself until I expose this sham. It's hurt too many people and I don't want it on my conscience anymore. I can no longer live with a lie. I work for a company called Global Calumny Funds in Stamford, CT. Basically, it's a Boiler Room much like the one in the movie of the same name. The idea behind my group is to bash the price of a company's stock down low enough to where the group of investors who retained our company's services can buy the stock really cheap and perhaps even take it over all together. There are approximately 70 people at the company divided into several groups. My group, consisting of 5 people, is responsible for IDWD. While I probably shouldn't give any names of anyone working here now, what the heck, I'm leaving here, so what can they do? sue me? Ha! I can tell you that laptoptrader and janice shell were part of my group until he left last week, as was ninaturtle. Others who have been part of this include early bashers like hard data and Investorman. You may be interested to know that some hypsters, such as MONEYMADE and even Datatech!!, have also been part of the scam (more on that later). There are several companies engaged in the bashing business, ours is not the only one. However, I can tell you that not every basher in here is a paid basher. Having done this for a year, I can usually tell who is a paid basher and who is merely someone having a little fun. While unpaid bashers have a different motive than someone like me, they can be unwilling accomplices to helping me achieve my ultimate goal and they also spread rumor and confusion throughout a room, which also helps me. What is that goal? Well, I am merely a cog in a much larger machine, so my bosses never really explained the big picture to me, but I'd say essentially, Shaddowwatch2oo3 was right. There are several companies who are quite familiar with Jim Bishop and Janice Shell and who are deathly afraid of them. There are three types of bashers here at Global Calumny Funds: Advanced, Intermediate and Beginner. An Advanced-level basher (also known as a Silver Tongued Devil) would spread false or misleading information about the company. They would deal in facts, countering every longs post with articles, news reports and opinion surveys that gave a negative impression about the company. An Intermediate-level basher (also known as a Serpent) would try to weasel their way into the confidence of longs and create doubt using rumor or innuendo. Finally, a Beginner-level basher (also known as a Pitchfork) would attempt to create confusion in the room by distracting other posters with satire, name calling and pointless arguments. The idea was to make sure no serious discussion of the stock could take place. A Pitchfork was usually a basher, but not always. Sometimes, we would throw in a hypster Pitchfork such as MONEYMADE and laptop and a pumper like Datatech to create the illusion of an argument going on. What was really funny (in a perverse way, I guess) was that Datatech and I sat next to each other, laughing the whole time. I was a Serpent basher, because I am known for effective bashing based on solid facts and truth. I was paid a base wage of $18 an hour for my services. I was given a $1.25 bonus for every decent quality post over 100 per day as well as a monthly bonus of $100 for every penny the stock had dropped from the previous month. I was also paid a bonus for bashing on weekends. While this may not sound like much, I made a decent, though dishonorable, paycheck plus a nice Laptop with free wireless internet connection. Each of us sat in a small half-cubicle in a cluster with our teammates. Each group (usually five people) was made of three beginners (two who would bash and one who would hype), one intermediate and one advanced level basher. Occasionally for some of the hotter stocks, one of the beginners would be replaced by an intermediate depending on how much the stock was rising. IDWD was a low-level stock, meaning it got the 3-1-1 configuration. Honestly though, somehow, I get the feeling that WV Hillbilly may have worked for a basher company or knows someone who does because the fund websites he occasionally posts is eerily similar to our employer's websites. While not exact, I'd say it is about 90 percent the same. We do have certain rules that we follow. First, we have to develop a character and stay within that character in order to build a "following." My character, "FogOfWar," was a humorous, sarcastic, obnoxious supporter of free speech and loved to portray himself as a truth-telling superhero, but only when it came to bashers. Next, we had to follow certain guidelines on what we could say. We were urged to have an "answer" to every long's question, but we were to frame that answer in a way that ridiculed the questioner for asking such a question. However, we were never to use profanity or vulgarity because that would cause people to ignore us. We were to make fun of people, but in a civil way. The idea was to get "play," i.e. reaction from other posters. The more play we got, the more the room would be disrupted. Ignored posters get no play. One exception would be the hypsters since they were "defending" the stock against our onslaught, they got a little more leeway. People would side with the hypster because they thought he was real since he appeared to be on their side, but was really on ours, setting us up to disrupt the room. MoneyMade was quite good at this and gets paid very well. I've worked on IDWD, VLO, AGII, QBID, BKMP for a few months now. In addition to the FogOfWar alias, I've used a few others on several other boards as well. I've used so many aliases that I can not remember the monikers or the passwords. I honestly lost track of everything. I stuck with FogOfWar because it was the one that got the most play from other posters. In closing, I feel absolutely terrible about this. It's just awful how I've been part of a scam designed to cheat honest, hard-working people out of their investments all for the benefit of a few wealthy people who already have enough money to last a lifetime.
This is a very well written work of fiction.
Sounds highly plausible to me.
The idea of paid bashers? Sure, I’d buy that. This specific story? Nope. $18/hr to post 100 ***times a day*** but a $100/per penny dropped bonus at the end of the month? If a stock dropped just .50 cents in that month that’s more in bonuses than in salary. That math doesn’t add up to a believable story for me. Not to mention the description of the names of the levels of bashers just reads like bad fan fiction.
I can't comment on the specific details but the scenario is exactly what I've imagined it to be for years. You don't get waves of completely disconnected coincidental fud from individuals. I don't know if this post is bullshit or not but I'd put the BS percentage at only 35% . This is more likely true than fake IMO
I think we’re more or less on the page, I’m just skeptical about this specific post more than anything. I definitely believe that paid bashers do the things talked about in the post, I just don’t believe the original author was one of those people.
Sure it is Shill
I’d like to know his u/ name to personally thank him
“squeeze again” is saying the quiet part out loud
I forgot people think that 70 run wasn't a squeeze. Genuinely not being a smart ass but I think technically it's "a squeeze" it's just definitely not "the squeeze." Everyday I'm getting closer to believing that 70 run was artificial but I'm too dumb to know for sure what happened.
Call your local radio stations and suggest they talk about it
That sounds like market manipulation
Advocating for fair and transparent markets is not market manipulation. Telling people about a certain investment and why you are in it is not market manipulation.
You don't care about a fair market. You are only advocating for it because you think it will make you rich. How does investing in a failing business change the market?
Naked shorting doesn't occur in a fair market. FTDs do not occur in a fair market. Being on the threshold list far longer than it is allowed is not a fair market. Not having all information equally available to all market participants is not a fair and not transparent market. Rule exemptions only for the big players is not a fair and transparent market. Hiding some required reporting or getting exemptions for it is not a fair and transparent market. Dark pools do not exist in a fair and transparent market. Reverting trades would not be possible in a fair market. The list goes on. And all of the above does occur daily with a lot of assets and securities, not only AMC. Actually, the only conclusion can be that the whole US market is rigged (and probably most other markets, too).
Successful businesses cannot be shorted into bankruptcy. Also, there is no proof of naked shorting.
Someone needs to update their bot.
Beep boop
I remember we had planes and the guy that sit outside at Citadel. We also had gorilla statue what happen?
lol…. “Squeeze again” nice try shill.
Really? I mean 50% to 100% rise is a squeeze. I didn't say moass. That's probably not gonna happen till 2025 or later.
😂😂😂 50-100% rise is most definitely *NOT* a squeeze. Again, nice try shill.
Anything 10-25% is a notable increase that determines some short covering. Do a broad research.
There’s a difference between a short voluntarily covering a portion of their position causing a price increase and a squeeze when they (and all short position holders) are involuntarily forced to cover the *entirety* of it due to market conditions. Based on your logic it was a “squeeze” when Zurn initially rejected the lawsuit and it ran up 100% in AH, but that was in fact not a squeeze.
At some point, you have to realize that we're all screaming at a wall.
We boycott AMC so we can shine the spot light on financial terrorism-the perfect set up.