--MASTER BASHER--Will join the message board early and actually "pump" the stock with positives. This basher is very intelligent and has the facts of the company readily at hand. He or she actually helps longs with Due Diligence and generally gets the confidence of the stockholders. When the stock hits the master basher�s desired price, however, the tone will change. The basher begins to show his or her intentions and will start asking longs to check into this, that, or the other. The seeds of doubt are planted. The basher will then start using all the usual tactics to nurse those seeds of doubt into full-grown suspicions that begin to take on a life of their own.
To guard against the Master Basher: Always look at the profile of a person you suspect to be a basher. Ask what stocks he or she has �supported� in the past and check out the message board. An honest person will have a positive track record that can be followed. This person is out to steal your money and intends to do it by deception and by creating fear after gaining your confidence. If the basher has no history, you may be up against a basher who has taken a new alias. If so, you have caught him (or her). But be careful, the master basher is very clever and is not easy to spot.
EXPERT BASHER Posts lots of old news; responds to all positive posts with a negative side. Never responds to being called a basher; always posts on the same message board. This basher may spend up to 80 hours a week on the same board, bashing the same stock.
ADVANCED BASHER The advanced basher is quite articulate and always claims to be your friend, starting out by taking the positive poster into his or her �confidence,� then sharing the �bad news� about the stock of interest. This basher also posts on a single board, sticking there for as much as 60 hours a week, all that time bashing a single stock.
INTERMEDIATE BASHER Spends less time than the others but is somewhat effective and easily excitable. The intermediate level basher will spend approximately 40 hours a week bashing a single stock on a single message board.
JUNIOR BASHER The junior basher is not too hard to spot. He or she has yet to learn the basics about being convincing when making negative statements. This youngster still spends a fair amount of time working the stock, usually about 20 hours a week.
NOVICE BASHER The novice basher is a complete idiot, and most readers are convinced that this person knows very little about stocks in general. This is the type of poster who will say a stock "sucks," but will give no rational reason for making the claim. The novice isn�t very dangerous, unless the investor is just as ignorant, since he or she only shows up from time to time and has no regular schedule.
Are there any reliable sources of stock information on the net?
The best place to get legitimate information on weather a stock is being bashed or pumped is BasherBuasters.com. You should treat anything you read on the Internet with suspicion, particularly in cases where that information is provided by people who might have a financial interest in a particular stock. Be particularly suspicious of 'tips' posted by people in newsgroups and bulletin boards.
Portals such as Yahoo and Google often offer stock information, including official documents filed by the company, and graphs of the stock's performance to date. Large organizations (portals, news services etc) with a solid reputation and no particular reason to promote one stock rather than another are a safer guide than 'some guy you met in a chat room'.
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