Just landed in China for the 5th time in last 12 months.
thanks for the post.
To add as a general board "process" -- there literally is a "bashers handbook" out there -- lays out how to have 2 or 3 people come to a board to sow fear, uncertainty and doubt as part of a broad play to manipulate a thinly traded stock.
The posts can be coordinated for timing of external events ( a number of salvos last year occurred over the chinese new year, for example). In the case of CBEH -- folks took advantage of the citywide pollution control for a festival -- to paint an idle CBEH and therefore a fraudulent CBEH -- Alfred Little (hedge fund) and crew have proven to be the real frauds.
Some details may not be exact, but the gist is: 1 person attacks and tries to inflame the board leaders - to cut out existing authority, or at least to raise doubt. 1 person gives a combination of support and fear inducing news - to be "one of the crowd", but moves sentiment of the crowd more negative. 1 hits hard, often with logical flaws (proof by analogy, etc)on trying to authoritatively say the whole company is negative. At the same time, shorts - investor, fund or other will often sell a big block, driving the thinly traded stock down, coinciding with some statements preceding the movement on the board.
end result is fear, uncertainty and doubt -- can turn sentiment on a thinly traded stock and a lot of money can be made.
I think you hit the nail on the head. And it looks exactly like what has happened over the last few days. One is obviously bashing and one is "one of us" so to speak, just trying to give "honest" fears of things. Not a sophisticated plan but I'm sure it has been effective over and over again. Actually, on these anonymous message boards, it could probably be one individual. But 2 would make a great team, just like pick pockets.