There was a man called B-ch-r (don't want to get sued) who used to write a column for a newspaper wherein he would list 5 stock pics every Thursday, it was noticed the shares he picked would rise on the Tuesday preceding, as for a fee he would provide these stocks names to the fee paying few on the Monday who would sell out to the gullible investors on the Friday and the stock prices thereafter reverted to normal naturally thereafter.
He did precisely the same and made a packet, particularly in those days you had almost two weeks to settle (depending on which day of the week you bought) which meant you never actually paid for the stock, you just swung past their offices to pick up a cheque on your way to lunch.
He was never actually outed but the newspaper terminated his column because of 'rumours'.
[quote name="gamma" post="251481" timestamp="1421056539"]
True but he also called a buy on Ellies at around R6. He will never admit that of course, in fact he goes even further buy saying that although he tweeted buy he actually put out a note to his 'subscribers' saying sell. Reminds me of that other nut Kramer on CNBC. Remember how he was outed by John Stewart?
Watch this
i just look at the facts gamma. This guy is consistently outperforming his peers. I suggest you take a look at his stock picks for 2015.
