11.3. The Very Model of a Modern Market Manipulator
There is no de la Vega for the twenty-first century, but there is Tel212, an anonymous poster to Yahoo!'s message boards. The remarkable message that follows contains much of the same material, updated for the Internet, 320 years later.[]
Goat ... here's the short's handbook
by: Tel212 (M/NY, NY)
3/11/00 2:48 AM
Msg: 16909 of 17535
Message boards Guidelines, used by shorters that short sell stock.
Be anonymous, of course.
Use 10% fact and 90% suggestion in one's posts. Facts give credibility, while suggestion does the "sell."
Let others "help" you learn about a stock thereby developing rapport and a support base.
Use multiple handles, but develop a unique style for each.
Use multiple ISPs.
Start each new handle slowly to build acceptance.
Occasionally, use two handles to "discuss" an issue.
Do not show all your cards at once when slamming a stock. It's a war—it's ok to lose a battle as long as you save enough ammo to win the war.
Know your enemies—they will end up being your best weapons.
Only slam until the tide starts to turn. Let doubt carry the stock back with the tide.
Maintain an appearance of being open minded but slant in either direction is acceptable.
Don't appear meek. No one follows the meek.
Strike just as your opponent starts to gather momentum but not before or you lose your sting.
Don't worry if people peg you for a slammer. The doubt will remain and that's what you are after.
If pegged, put up a brief fight, then let them ...
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