Options traded on ONP too. Might have to buy some puts on this one.

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It gets immensely frustrating watching stuff that smells like scam and/or pump and dump get run the way they often do on message boards.
Seems any reality check of negativity that calls into question a company, pumper posters, and/or the practices/actions of those on message boards often immediately gets shouted down, etc.
I've had semi-threatening private messages sent to me after calling out some past complete implosions before or as they imploded, pumpers post my private info, etc.
Then the 'pumpers' try to make the 'basher' lack credibility by spinning words, playing semantics and drowning message boards with obfuscation and short posts to bury the negative info so others have a hard time finding it...
Or sometimes on message boards, the negative posts get outright deleted.

I do appreciate an environment like this where the last thing I will find is a bunch of pumpers hyping a lousy penny stock. I have largely given up fighting the pumpers cuz I get no financial reward out of it, soaks up lots of my time, and they make tons of money often hyping the 'story' to the masses of people that superficially looks at companies and their operations even if I trry to protect people...
Of course this is exactly what the pumpers want but what to do? Remember that analyst that questioned Enron(I think from Morgan Stanley? Forget his name)? Looked like he lost his job cuz he wouldn't go along with the BS hype other Wall Street analysts were putting on it.
Same kind of hting goes on small scale on a lot of smaller companies IMO.

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Avoidthegarbage, you put your finger on one of the main purposes of this forum. Sharing potential short ideas is one purpose, but another is offering space for skeptical comments about shady stocks, comments that often get censured by pumpers on other forums. JBII shareholders would have saved a lot of money listening to your critique of the company here several months ago. Similarly, I suspect ONP shareholders may in the near future wish they had read Hesperian's post on it here.

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I'm going to brush up on looking into ONP as a short when time allows with hesperian's mentions. I don't normally short but think the environment is ripening for this kind of investing idea to gain traction amongst more of the masses.
Sometimes seems pretty easy to spot something that looks obviously like it will implode at some point.
In fact for me it has been much easier spotting scammy stuff or real bad investments than findign real good ones.

DJSP is one that looks kind of 'iffy' with their structure but have not looked at it hard enough.

I like the forum where shorting and skepticism can be freely discussed w/o all the antics of some message boards.
I've in general been spending less time on message boards but may start spending a little more time on this one.

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Avoidthegarbage,

Between now and Wednesday night, we're running a posting contest, so you could win something for posting between now and then. More details here: http://steamcatapult.c...

Hesperian,

Going back to your original comment, about the asset management business not going obsolete, I agree that's true for asset managers who do real due diligence. But reading that sentence again, a scene from The Big Short popped in my head -- the one where someone asks Bill Miller about Bear Stearns the Friday before it goes belly up and he is still bullish on it without having a clue about its issues.

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