LESSON 1

Bashers never bash bad stocks.   You can watch the board for stockswith no potential. You’ll see pretty quickly that those stocks don’thave bashers. Bashers only go after stocks that are going upwards orhave excellent potential to go up. Bashers get left behind, so theywant to bring the price down.


LESSON 2

Bashers bring up old news that you have heard many times.

New start-up companies always have a few bits of bad news. The basherwill post these bits over and over again. The stupid basher will try tomake the old news a bit fresher to try to fool you.   Don’t be fooled!


LESSON 3

Bashers post many times a day. They try to wear you out. They commenton everything, every other post, and can answer every question. To hearthem say it, they know it all.

There is no positive comment they won't bash. They try to control theboard with their negativity. If they seem to be working on this onestock full time, that’s because they are! Even more than full-time.


LESSON 4

Bashers will lie to your face (or your keyboard).  Never trust abasher. The truth on start-up companies is that many mistakes are madeand losses happen. The basher will try to make you believe all start-upcompanies make a profit, release financials every quarter, and have allaspects of the business running smoothly from the start. This is nottrue. Anyone who says it is true is either lying or ignorant. Don’tlisten to either kind. Start-up companies can go years without profits;this is the nature of the beast.


LESSON 5

Bashers know that you can’t verify their statements. That's why theymake the statements they do. You can’t check them out and you may justbelieve them and then they win. Either way, they don’t lose.


LESSON 6

Bashers play on your lack of knowledge.  They count on the fact thatthey can lie about information and you won’t know the difference. Andyou won’t, unless you have done your assessment of the company and knowtruth from lie.


LESSON 7

Bashers play on your lack of patience. You have held a penny stock fora while, knowing it will be a big penny stock someday. The basher canget to you because you are tired of waiting for your gain. When you aregetting your plan, you are ripe for a bashing. You are tired and you’veforgotten that the goal for the penny stock was to hold it for oneyear, then see where it stands. The basher is bothersome and tiring, soyou dump it on a bad day and so do others. Then you get angry aboutyour loss and you return to the board to let everyone know how mad youare. Congratulations, you too have become a basher. The basher has wonand gained a new, unwitting, partner. At this point the basher will buylow and become a pumper, maybe using a new alias, and will try toreverse the trend. Your loss becomes the basher’s gain as your pennystock rises after you sell it.


LESSON 8

The basher is all about bringing the price down.  That is the nature ofa basher. The truth is not important; lies are the norm. They aretrying to hit the newbies visiting the board for the first time, sothey post continuously throughout the day. They are trying to wear outthe longs on the board and they will do whatever it takes to do so.


LESSON 9

Bashers will try to create doubt and get you to research items thatthey know will lead to the creation of doubt in you and in otherstockholders.  A typical trick of an advanced basher is to propose thatthere is a potential "problem" because "we" don't have the facts on aparticular subject.  The basher dares someone in the group to find outthe answer to the question.  The basher already knows the answer andknows what you will find. The power of this tactic is that the basheris now in control of the actions of the stockholders; the basher hasyou in his web of lies. Most stockholders will do due diligence whenconfronted with a questionable news story. When the stockholder cannotconfirm or deny the story because of too much conflicting information,the basher gains credibility.


What do you do?

It is important to find answers on your own terms. Pick up the phoneand call the company, talk to the investor relations person or the CEOuntil you get a satisfactory answer. The problem here is that theadvanced basher has you doing his bidding; you have essentially joinedhis ranks. So, develop your own little “Due Diligence Package” andanswer questions by placing the information into the package. Then youcan refer new investors to read your well-researched answers toquestions raised in the Investor Information package.

What you need to avoid is getting into a conversation with the basherhimself or herself about the topic. Once you get into directconversation with a basher, you give the basher credibility.  Answerthe question if you need to, but do it indirectly. Never use thebasher’s name. Never get into a personality contest with a basher.