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Georgia Bard

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Alias Born 08/30/2000

Georgia Bard

Re: None

Saturday, 11/11/2000 8:15:44 PM

Saturday, November 11, 2000 8:15:44 PM

Post# of 484
MMM or Recruiting Front of an OTC Mutual Fund.

Market Maker Manipulation (MMM) is quite real. The NASD has numerous cases that have exposed and fined MMs for their manipulation practices and tactics. I myself have tracked a few stocks and can show clear and distinct observations of where MMM does possibly exist but even then I cannot prove it is MMM and not MIM (Market Influence Manipulation).

However, I have to question if MMM is as widespread as "Team MMM" hidden aliases portray it to be as they use questionable tactics like:

1. Copying and pasting excerpts from the SEC short sales comment site http://www.sec.gov/rules/s72499.htm as facts and truth. This is the government site where there is over 700 comments from individuals who expressed their concern, and opinions but also over 1400 from a form letter from the MMM site.

2. No acknowledgment of the authors or even the source in the posts, which is a sly deception that they wrote the composition.

3. Attacking anyone that dares to discuss the issue of MMM with interruptions of vulgar responses, childish name-calling and continual posting of redundant opinions of others as facts and truth.

While searching for the source of these redundant "Team MMM" posts to prove copyright infringement, I discovered the form letter on the MMM site. http://www.stopmmmanipulation.com/, upon which after I found it, suddenly the source link was supplied in the next post. However, the site sponsor was located at the top of the web page in an advertising banner for "Cooper Club Investments, LLC". Clicking on the URL, http://www.thecopperclub.com/, I discovered one of those little things in life and the market that make you go … Hmmm.

Reading the site information, I discover the following Hello and welcome to Copper Club Investments, LLC. We are a group of investors who came together either through stock message boards or some means in which we found common ground over the internet. We all have a passion for the pennies and collectively pulled our money together and opened a brokerage account to create our own "penny mutual fund". Many of our members are active traders, so putting our money together has helped us all a great deal in saving on those nasty transaction fees. A transaction fee per trade split between all of us is less than $1 and as our membership grows this amount will whittle away down to mere cents. Our investment club is only allowed a maximum 100 members by the SEC and once the market begins to rally again we expect our membership will begin to grow rapidly. To become a member requires an initial capital contribution of just $500 and $20 per month to pay for club expenses. Level II is used to monitor stocks everyday during market hours.

Again, "Cooper Club Investments, LLC", sponsors the "Stop Market Maker Manipulation" website. The supporters of the MMM site appear to be merely Internet day trading sites and emails. This makes no sense to me because if the supportering site are obvious short term and day it would appear to be more likely FIFO would be the culprit, (MIM), rather than the redundant propaganda of "Team MMM". "Team MMM" is merely hidden aliases that appear to be recruiters for this oxymoron "OTC Mutual Fund".

An oxymoron is "A figure of speech in which contradictory terms are combined."

Thus the term "OTC Mutual Fund" qualifies as a solid new age Internet "Oxymoron." The term "Penny Stock" or "OTC" is considered the most dangerous, risky and financially unacceptable arena in the stock market where a "Mutual Fund" is considered a safe investment and financially acceptable in the stock market.

I went through reading the documentation to establish a membership in the sponsor’s site that has to be signed and sent in with a minimum of $500.00 and of course the monthly fees in check, money order or credit card with a $12.50 fee per $500.00 for the credit card. All I can say is INVESTORS BEWARE!

My Concerns are:

1. If the OTCs are an unsolicited market, how can they solicit monthly fees for stocks in a market that are suppose to be unsolicited?

2. Since they are acting on behalf of numerous individuals where the whole group is buying in one OTC at once, is that not the same as front loading or stock manipulation especially if they’re conduct is for the short term thus not investing but trading in reality?

3. Is this "Stop Market Maker Manipulation" scenario merely a recruiting front for this sponsoring club to run OTC stocks, where they state "As our club grows, so does our buying power, which in the OTC:BB market is definitely a powerful attribute."?

4. What about their selling power after a run up isn’t that a powerful influence?

5. Are they professing that their group can affect the stock price of a security and it has no licensed professionals to make legitimate analyst reports to base their predictions and investment decisions on nor financial advisors to assist any member of the “Mutual Fund”? Or is it just a day trading club with monthly fees?

6. Is the constant posting of individual compositions as fact without a source link or acknowledgment of authorship, not deception, with the bottom line to Impress and draw unsavvy investors to the site thus soliciting members to join the sponsor site and pay dues?

7. Is this charging of monthly fees legal? (100 members time $20.00 = $2,000.00 positive cash flow.)

8. Is this actually an OTC Mutual Fund or just an OTC day trading club?

9. Do the website and email supporters of the MMM site all happen to put out the same stock pick after buying in?

10. When they sell out is MMM merely the excuse or cover for the fall in price where maybe in fact they are scalping the volume?

11. Is this so-called "OTC Mutual Fund" the classic Pump and Dump scenario with a new recruiting twist?

12. Since a lot of the nonsense put out by TEAM MMM throughout the Internet that appears to be questionable, as far as accuracy goes, make this endeavor a violation of rule 10b5?

13. Also are members of the OTC Mutual Fund” actually posting on the Internet under aliases in order to draw attention to their sponsored MMM site for ultimately a membership in the sponsored site?

14. Are not Mutual funds considered / portrayed a very safe investment and financially acceptable investing?

15. How can an "OTC Mutual Fund" be consider a safe investment or remotely financially acceptable?

One particular Internet Alias responsible for most of the redundant spamming of other’s compositions over and over again almost daily, two of this alias’ stocks are KKRS & ECNC, both, of which, have a history of SEC troubles, problems or civil cases. Please note: ECNC this alias claims to be MMM.

Do we just allow some one else to invest for us that we have no idea who they are, nor do they demonstrate what they are doing instead of doing our own DD. Is more realistic to go with the industry standard Mutual Funds where full disclose is made and required thus accountable to the regulators?

Stock manipulation influences are wide spread throughout the Internet. So again, do we believe the nonsense of the Internet or is this a prime example of "Critical Thinking" in order to have a comfortable feeling for our hard earned money. It’s a shame that all legitimate causes end up being tainted by some questionable motive of the Internet.

This is just another reason why common sense and critical thinking should take front row instead of believing the artful "Impression Management" of hidden aliases on the Internet.

Hey, Just my opinion and I could be wrong!

Gary Swancey


:=) Gary Swancey

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