Policy Related to Manipulation & Un-Ethical Promotions

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SHARK
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Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Sat Apr 29, 2017 2:54 pm

1. Any member should NOT ,
(1)
(a). give or imply false or misleading signals;
(b). give or imply false or misleading information including rumors;
(c). give or imply false, abnormal* or misleading target prices;
(d). frequently post the same posts or such similar type posts on regular basis without any new information.

2. A member who give a signal or target price shall include;
1)
Technical Chart and or Fundamental opinion based on ratios such as PEF, ROE (5YR), Dividend Yield, D/E or any other acceptable analysis and such statement or charts must be balanced highlighting both sides to the statement, historical PER of the share and Sector PER must be disclosed where possible to support the analysis.

(2). If signal or target price his or her own thinking, calculation he or she should
include a “Disclaimer Note” as below mentioned;

(a) “Disclaimer Note” format;
(i).Should be at the bottom of the post
(ii). Should be in red colored text in normal font size.

(b). “Disclaimer Note” should include
(i). “This is not a buy or sell recommendation. All are my own assumption and
calculation which may also can be failed at all.”

(3). If signal or target price is NOT his own thinking or calculation, he or she should
include web link (URL address) of the source*. Those who fails to post the source
will be considered as false or misleading signal, target, information.

(4). The target price, signal, intrinsic value, or such should NOT be highlighted, bold
or underlined, should be in normal font size.

3. Members who break above rules may lead to;
(1). delete of particular posts,
(2). Warning,
(3). demotion of the current rank/position held in the forum, temporary or
permanently.
(4). ban in forum, temporary or permanently.

4. Any member who violate rules, which mentioned under section 1 and or section 2 will be
considered as manipulation.

5. Admins and Moderators of the forum have sole authority to take actions which mention under
section 3, against any member who violate section 1 and or section 2 without regarding his
or her seniority, rank (position or ranks held ) or contribution to the forum.
6. Admins and Moderators have authority to make change, amendments on above sections and rules.


Interpretation:

“Abnormal target” means a target which 50% above or below current market price, when a price of a particular counter has already appreciated or depreciated by 50% or more than 50% within for last 30 (thirty) trading days.

“counter” means a stock which trade under Colombo Stock Exchange.

“ Sources” means a earning report, research report, technical report published by registered stock broker firm or Colombo Stock Exchange or reputed Audit firm report or reputed rating report.
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Sat Apr 29, 2017 3:22 pm

Further to our DRAFT policy I give below some market manipulation behaviour that we should take SERIOUSLY from now on.

Stock Bashing:
"This scheme is usually orchestrated by savvy online message board posters (a.k.a. "Bashers") who make up false and/or misleading information about the target company in an attempt to get shares for a cheaper price. This activity, in most cases, is conducted by posting libelous posts on multiple public forums. The perpetrators sometimes work directly for unscrupulous Investor Relations firms who have convertible notes that convert for more shares the lower the bid or ask price is; thus the lower these Bashers can drive a stock price down by trying to convince shareholders they have bought a worthless security, the more shares the Investor Relations firm receives as compensation. Immediately after the stock conversion is complete and shares are issued to the Investor Relations firm, consultant, attorney or similar party, the basher/s then become friends of the company and move quickly to ensure they profit on a classic Pump & Dump scheme to liquidate their ill gotten shares. (see P&D)"

Pump and dump:
"This scheme is generally part of a more complex grand plan of market manipulation on the targeted security. The Perpetrators (Usually stock promoters) convince company affiliates and large position non-affiliates to release shares into a free trading status as "Payment" for services for promoting the security. Instead of putting out legitimate information about a company the promoter sends out bogus e-mails (the "Pump") to millions of unsophisticated investors (Sometimes called "Retail Investors") in an attempt to drive the price of the stock and volume to higher points. After they accomplish both, the promoter sells their shares (the "Dump") and the stock price falls like a stone, taking all the duped investors' money with it."

Runs:
"When a group of traders create activity or rumors in order to drive the price of a security up. Runs may also occur when trader(s) are attempting to drive the price of a certain share down, although this is rare. Stock Bashing)"

Ramping (the market):
"Actions designed to artificially raise the market price of listed securities and to give the impression of voluminous trading, in order to make a quick profit."

Wash Trade:
"Selling and repurchasing the same or substantially the same security for the purpose of generating activity and increasing the price".

Bear Raid: "Attempting to push the price of a stock down by heavy selling or short selling."

The above article and policy does not refer to any previous incident in TEC or directed towards any individual, however a preventive measure for the FUTURE back of Market Sentiment. The above measures are for the benefit of all members.
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby PATHFINDER » Sat Apr 29, 2017 6:37 pm

These policies were created by admins and mod team of TEC after a good discussion.
It's open for discussion and then it'll be a rule of the forum once done.

So guys please add your idea.
TIMING IS THE NAME FOR THE GAME

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Sat Apr 29, 2017 8:06 pm

Amended #1
1. No member shall,
(1)
(a). give or imply false or misleading signals;
(b). give or imply false or misleading information including rumors;
(c). give or imply false, abnormal* or misleading target prices;
(d). frequently post the same posts or such similar type posts on regular basis without any new information.

2. A member who give a signal or target price shall include;
(1). Technical Chart and or Fundamental opinion based on ratios such as PEF, ROE (5YR), Dividend Yield, D/E or any other acceptable analysis and such statement or charts must be balanced highlighting both sides to the statement, historical PER of the share and Sector PER must be disclosed where possible to support the analysis.

(2). If signal or target price his or her own thinking, calculation he or she should include a “Disclaimer Note” as below mentioned;

(a) “Disclaimer Note” format;
(i).Should be at the bottom of the post
(ii). Should be in red colored text in normal font size.

(b). “Disclaimer Note” should include;
(i). “This is not a buy or sell recommendation. All are my own assumption and calculation which may also can be failed at all.”

(3). If signal or target price is NOT his own thinking or calculation, he or she should
include web link (URL address) of the source*. Those who fails to post the source
will be considered as false or misleading signal, target, information.

(4). The target price, signal, intrinsic value, or such should NOT be highlighted, colored, bold, underlined or use special marks, should be in normal font size.

3. Members who break above rules may lead to;
(1). delete of particular posts,
(2). Warning,
(3). demotion of the current rank/position held in the forum, temporary or permanently.
(4). ban in forum, temporary or permanently.

4. Any member who violate rules, which mentioned under section 1 and or section 2 will be
considered as manipulation.

5. It’s a duty of all members to report such posts, by using the report button, if he or she noticed or assumed of such violation.

6. Admins and Moderators of the forum have sole authority to take actions which mention under
section 3, against any member who violate section 1 and or section 2 without regarding his
or her seniority, rank (position or ranks held ) or contribution to the forum.

7. Admins and Moderators have authority to make change, amendments on above sections and rules.

8. Interpretation:

“Abnormal target” means a target which 50% above or below current market price,
or
a target when a price of a particular counter has already appreciated or depreciated by 50% or more than 50% within for last 30 (thirty) trading days.

“counter” means a stock which trade under Colombo Stock Exchange.

“ Sources” means an earning report, research report, technical report published by registered stock broker firm or Colombo Stock Exchange or reputed Audit firm or reputed rating firm.
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Sun Apr 30, 2017 9:40 am

Amendment #2

POLICY - MANIPULATION & UNETHICAL PROMOTIONS

OBJECTIVE :
To effectively prevent such activities and to introduce ethical guidelines to the contributors within which they can produce articles and share among general membership of TEC community.

1. No member shall,
(1)
(a). give or imply false or misleading signals;
(b). give or imply false or misleading information including rumors;
(c). give or imply false, abnormal* or misleading target prices;
(d). frequently post the same posts or such similar type posts on regular basis without any new information.

2. A member who give a signal or target price shall include;
(1). Technical Chart and or Fundamental opinion based on ratios such as PER, ROE (5YR), Dividend Yield, D/E or any other acceptable analysis and such statement or charts must be balanced highlighting both sides to the statement, historical PER of the Share and or Sector PER must be disclosed where possible to support the analysis.

(2). If signal or target price his or her own thinking, calculation he or she shall include a “Disclaimer Note” as below mentioned;

(a) “Disclaimer Note” format;
(i).shall be at the bottom of the post
(ii).shall be in red colored text in normal font size.

(b). “Disclaimer Note” shall include;
(i). “This is not a buy or sell recommendation. All are my own assumption and calculation which may also can be failed at all.”

(3). If signal or target price is NOT his own thinking or calculation, he or she shall
include web link (URL address) of the source*. Those who fails to post the source will be considered as false or misleading signal, target, information.

(4). The target price, signal, intrinsic value, or such shall NOT be highlighted, colored, bold, underlined or use special marks, shall be in normal font size.

3. Additional disclosures may be included such as contributor recent dealings with the same counter for the past 1 week or 1 week ahead, which is on VOLUNTARY basis without compulsion. Further disclosure could be made on Voluntary basis whether the Member is currently in ownership of Shares.

4. Any member who violate rules, under section 1 and or section 2 will be considered as manipulation by Admins and or Moderators.

5. It’s a duty of all members to report such posts, by using the report button, if he or she noticed or assumed of such violation.

6. Members who violate rules may lead to;
(1). delete of particular posts,
(2). Warning,
(3). demotion of the current rank/position held in the forum; temporary or permanently.
(4). ban in forum; temporary or permanently.

7. Admins & Moderators of the forum have sole authority to take actions under section 6 against any member who violate section 1 and or section 2, without regarding his or her seniority, rank (position or ranks held ) or contribution to the forum.

8. Admins and Moderators have authority to make change, amendments on above sections and rules.

9. Interpretation:

“Abnormal target” means a target which 50% above or below current market price,
or
a target when a price of a particular counter has already appreciated or depreciated by 50% or more than 50% within for last 30 (thirty) trading days.

“counter” means a stock which trade under Colombo Stock Exchange.

“ Sources” means an earning report, research report, technical report published by registered stock broker firm or Colombo Stock Exchange or reputed Audit firm or reputed rating firm.
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby PATHFINDER » Wed May 03, 2017 7:57 pm

Implementation of these rules are very urgent it seems.
TIMING IS THE NAME FOR THE GAME

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Thu May 04, 2017 9:02 am

FINAL Version to General Membership to review....

Thanks for the Moderation Team for having this final draft.

POLICY - MANIPULATION & UNETHICAL PROMOTIONS

OBJECTIVE :
To effectively prevent such activities and to introduce ethical guidelines to the contributors within which they can produce articles and share among general membership of TEC community.

1. No member shall,
(1)
(a). give or imply false or misleading signals;
(b). give or imply false or misleading information including rumors;
(c). give or imply false, abnormal* or misleading target prices;
(d). frequently post the same posts or such similar type posts on regular basis without any new information.

2. A member who give a signal, target price or price sensitive calculations;

(1). If signal, target price or price sensitive calculations, are his or her own assumptions or calculations, he or she shall include;

(a). Technical Chart and or Fundamental opinion based on ratios such as PER, ROE (5YR), Dividend Yield, D/E or any other acceptable analysis and such statement or charts must be balanced highlighting both sides to the statement, historical PER of the Share and or Sector PER must be disclosed where possible to support the analysis.

(b). The target price, signal, intrinsic value or assumed price sensitive information or such assumed calculations shall NOT be highlighted, colored, bold, underlined or use special marks, shall be in normal font size.

(c). He or she shall include a “Disclaimer Note” as below mentioned;

(i) “Disclaimer Note” format; shall be at the bottom of the post, in normal font size.

(ii). “Disclaimer Note” shall include; “ Disclaimer: This is not a buy or sell recommendation. All are my own assumptions and calculations which may also can be failed at all.”

(2). If signal, target price or price sensitive information is NOT his own thinking or calculation, he or she shall;

(a). Include web link (URL address) of the source*. Those who fails to post the source will be considered as false or misleading signal, target, information under section 1.

(b). He or she shall NOT do any sort of edit in the source, shall post as it is on the source.

3. Additional disclosures may be included such as contributor recent dealings with the same counter for the past 1 week or 1 week ahead, which is on VOLUNTARY basis without compulsion. Further disclosure could be made on Voluntary basis whether the Member is currently in ownership of Shares.

4. Any member who violate rules, under section 1 and or section 2 will be considered as manipulation by Admins and or Moderators.

5. It’s a duty of all members to report such posts, by using the report button, if he or she noticed or assumed of such violation.

6. Members who violate rules may lead to;
(1). delete of particular posts,
(2). Warning,
(3). demotion of the current rank/position held in the forum; temporary or permanently.
(4). ban in forum; temporary or permanently.

7. Admins & Moderators of the forum have sole authority to take actions under section 6 against any member who violate section 1 and or section 2, without regarding his or her seniority, rank (position or ranks held ) or contribution to the forum.

8. Admins and Moderators have authority to make change, amendments on above sections and rules.

9. Interpretation:

“Abnormal target” means a target which 50% above or below current market price,
or
a target when a price of a particular counter has already appreciated or depreciated by 50% or more than 50% within for last 30 (thirty) trading days.

“counter” means a stock which trade under Colombo Stock Exchange.

“ Sources” means an earning report, research report, technical report published by registered stock broker firm or Colombo Stock Exchange or reputed Audit firm or reputed rating firm.

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Thu May 04, 2017 9:07 am

It must also be noted, the policy in discussion is to safeguard from unusual activities and betterment of members towards to prevent herding unethically.
And this policy should and would not be a deterrent to free speech or writing.
Free speech and writing per se does not mean promoting continuously on same share with target/s not reached and without any new information or pattern formed.

as a rule of thumb post on same thread/counter or share once a week is ok subject to above.

So bring in your free style of writing.... it need not be big articles or well written. Just be yourself. :ymapplause:
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Thu May 18, 2017 8:51 am

Policy Related Manipulation is now Effective.......

Thanks Moderation Team for all the Support.
Price is what you pay. Value is what you get.”

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Re: Policy Related to Manipulation & Un-Ethical Promotions

Postby SHARK » Sat May 20, 2017 8:42 pm

https://1drv.ms/b/s!AsxHogvIUN1KgmkEhirQgPzDiWHH

Here is the Final Version of our policy.
Price is what you pay. Value is what you get.”


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