--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.
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.
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.
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.
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.
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.
Countless investors find their way to the message boards only to see false posts about "SEC Violations" and "Class action suits." Such boards are filled with bashers using a variety of aliases, posting false or misleading information, all in all making it very difficult for a newcomer to tell truth from fiction.
For nervous investors, it is often easier to sell the stock and put the money in the bank. These are the people on whom the bashers prey. Bashers bet on a stock to go down and they do their best to help it happen. They are not concerned with the risk of loosing money like the average investor, because they are usually paid to bash the stock. In other words, they are not using their personal funds and are not actually investing themselves, or at least not in that stock. Additionally, bashers do not wait for the markets to go up or down; they make them move themselves. Bashers use fear, lies, and falsehoods to prey on the nervous investor, thus influencing the markets in their favor.
Bashers never bash bad stocks. You can watch the board for stocks with no potential. You’ll see pretty quickly that those stocks don’t have bashers. Bashers only go after stocks that are going upwards or have excellent potential to go up. Bashers get left behind, so they want to bring the price down.
Bashers bring up old news that you have heard many times.
New start-up companies always have a few bits of bad news. The basher will post these bits over and over again. The stupid basher will try to make the old news a bit fresher to try to fool you. Don’t be fooled!
Bashers post many times a day. They try to wear you out. They comment on everything, every other post, and can answer every question. To hear them say it, they know it all.
There is no positive comment they won't bash. They try to control the board with their negativity. If they seem to be working on this one stock full time, that’s because they are! Even more than full-time.
Bashers will lie to your face (or your keyboard). Never trust a basher. The truth on start-up companies is that many mistakes are made and losses happen. The basher will try to make you believe all start-up companies make a profit, release financials every quarter, and have all aspects of the business running smoothly from the start. This is not true. Anyone who says it is true is either lying or ignorant. Don’t listen to either kind. Start-up companies can go years without profits; this is the nature of the beast.
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'.
When you REPLY to bashers, did you realize that you are giving them an opportunity to earn $5 - $7. The service agreement they enter into with their employer states that their messages will be monitored for content, profanity, lies, etc. but their bosses don't have the time to check all their bashers’ messages.
Most bashers know that their messages will get only occasional spot checks, sometimes not even a check of the entire message. Those who manage the basher will generally read the headlines to see if a basher is replying to other posters by name. That tells them the basher isn't just "posting blindly" or repeating the same message over and over. The company will not pay for those kinds of messages. A basher will attempt to milk three to five replies per post at one to two dollars each. That way the basher spreads negative influence to as many stockholders as possible. A basher will create a new discussion thread because that takes less time than reading other people’s posts and writing a real reply. This practice allows the basher more time to post and more time to make money. NEVER ENGAGE A BASHER. Make them read the legitimate posts and think up ways to enter the existing discussions, if they really want to earn their money this way.
NEVER ENGAGE A STOCK BASHER; if you do, YOU BECOME THE BASHER'S HELPER!
Read the news, do your own homework, and make your own decisions. Get real time quotes and follow the stock for a couple of weeks. Due Diligence is key here. Know that there will be a time when the stock runs up; this will be followed by the bashers as well as by those that simply missed the boat. The bashers will trash the stock by saying such things as "it's a Pump and Dump," "the company is lying," or some other statement designed to deceive shareholders like you who did their homework. The basher’s goal is to scare off newbies and any more potential new investors by "shaking" you out of your shares. Take the time to confirm your Due Diligence, trust your own judgment and believe in yourself. Pick your point of return or loss and live with it. Don't listen to pumpers or bashers. Instead, set rules for yourself and then live by them. Trust yourself, not the bashers.
With your definitions, from afar it basicallly appears anyone who says anything negative about a company is a "basher."
That is ridiculous and smacks of the silencing tactics of the old Soviet Union.
How about a "basher" being defined as someone who regularly posts things that are negative and not true?