{"id":1395,"date":"2008-04-14T19:34:10","date_gmt":"2008-04-15T01:34:10","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/?p=1395"},"modified":"2013-07-17T08:43:07","modified_gmt":"2013-07-17T13:43:07","slug":"timmay-as-fraudbuster","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/timmay-as-fraudbuster\/","title":{"rendered":"Timmay as Fraudbuster?"},"content":{"rendered":"

Penny stock trader, author, entrepreneur Timothy Sykes (aka Timmay) has put on his little detective hat<\/a> and found a fraud in progress. Being promoted by none other than CNBC “reporter” Sri Jegarajah<\/a>. Timmay makes an excellent point…. Networks like CNBC aren’t about serious news or reporting. They’re about entertainment and advertising dollars.<\/p>\n

And by not being skeptical about the stories they’re “reporting,” they are doing a huge disservice to all those who think that they’re credible just because they’re called CNBC. But the CNBC guy made a huge mistake… he somehow took the words of a paid promoter and thought that this was credible research.<\/p>\n

Here’s a snippet of what Timmay had to say… great research… and apparently not all that hard for anyone who bothered to look.<\/p>\n

\n

Besides quoting CNOA\u2019s CEO (we all know how useless that is<\/a>, what\u2019s he gonna admit the company\u2019s a pump and dump scheme?), and a Seeking Alpha article\u2014whose writers are no more qualified than bums begging for change on the street<\/a>, Sri proudly quotes Source Advisors, forgetting (not realizing?) to mention they\u2019ve been paid $25,000 \u201cby a third party\u201d<\/a> (pump and dumper, cough, cough) to publish their BS report. And, as if to repent for his sins, Sri closes out the article quoting Patrick Murphy of Murphy Analytics who was only paid $1,000<\/a> for his efforts (scroll down to the bottom and be better than Sri, aka read the disclaimer).<\/p>\n

Sorry Sri, I\u2019m gonna have to take you down on this\u2014you\u2019re either lazy, na\u00efve, stupid or corrupt\u2014take your pick\u2013no matter how you slice it you should be fired. You\u2019re no journalist, you\u2019re an entertainer, go learn to play a musical instrument, maybe you won\u2019t hurt as many people in that racket.<\/p>\n

And don\u2019t even think about coming at me with CNOA\u2019s earnings report<\/a>. Yes, to na\u00efve investors, it looks beautiful, but they forget that China\u2014and more specifically\u2014Chinese penny stocks\u2014are beautifully corrupt. Any and all figures are sure to be exaggerated\u2014at best\u2014and totally fraudulent at worst. The only reason I don\u2019t bother digging cuz I don\u2019t feel like getting my kneecaps busted by these promoters. Not that it would even do any good because the only thing that matters here is QUIN. They are the market makers who blatantly control where this stock goes. They can pump this thing up to $3-$4 if they want, they don\u2019t even have to pay off idiots like Sri, at least probly not (I\u2019m not sure of what Sri\u2019s deal is with them).<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Penny stock trader, author, entrepreneur Timothy Sykes (aka Timmay) has put on his little detective hat and found a fraud in progress. Being promoted by none other than CNBC “reporter” Sri Jegarajah. Timmay makes an excellent point…. Networks like CNBC […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[810,5,2219],"tags":[1201,2167,1413,1568,1414],"class_list":["post-1395","post","type-post","status-publish","format-standard","hentry","category-financial-investigations","category-fraud-news-stories","category-stock-trading","tag-cnbc","tag-short-selling","tag-tim-sykes","tag-timmay","tag-timothy-sykes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-mv","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=1395"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1395\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}