CyberHype 101 By William Cate Published February 2001 [http://home.earthlink.net/~beowulfinvestments/] [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]Hire 2-3 Boiler room salesmen. Former stock brokers, who have lost their license, are best. Your cyber-hypsters can each register as scores of phony stock investors at each Internet Stock Chat Board (SCB), like Raging Bull or Silicon Investor. There are over 200 SCBs. You'll need to spend about $60,000-$100,000 on your computer hardware and software. However, you've created over 1,000 investors to hype stocks.
The cyber-hypsters can control any stock board. They appear to be 10-20 or more enthusiastic stock investors. They claim to be long in that stock. They tell Board that share price will go to moon. Critics of stock are called "Bashers." They are insulted, ridiculed and their issues are ignored. The cyber-hypsters post support messages to these attacks, using other names. It appears that every investor at Board strongly favors stock. The critics soon shut up and move on. If critics comments, against stock had merit, cyber-hypsters complain to Board Sponsor and have critics posted comments removed.
Now goal is to gather pigeons to Pump & Dump (P&D) Board. This can be done with spam. It can be done with free online investment letters. It can be done as an adjunct to a traditional boiler room stock promotion. It can be done with a direct mailing. What promoters want is to put pigeon into an environment where they are told to buy, buy and buy more of whatever worthless stock is being pumped.
Getting pigeons to Board can be done by pooches. The Canadian word "pooch" refers to a pigeon who will help hyster by bringing other pigeons to slaughter. The pooch supplies friends, family, and business associates as buyers of stock. A "pigeon" is anyone who puts their hard earned money into a stock scam.
It can be done by moving pigeons from one Board to another Board. There are cyber-hypsters who post on all Boards spam that encourages pigeons to subscribe to a free newsletter, visit their website or visit another Board.