There was an illuminative exchange in the comments after this post from a week ago:
The point of the post about Guy de Chimay was to show how sociopaths can actually enjoy their ill gotten gains even when they know their whole scheme is about to unravel.
I had never heard of xG Technologies before, but a couple of people involved with the company evidently had internet feeds set up to alert them whenever anybody related to the company -- such as Guy de Chimay, who was slated to buy stock in the company -- appeared on the net. They saw the post.
The first commenter, who is probably short the stock, pointed out that xG Technologies itself was "stuffed full of sociopaths." Then someone else commented, "Anon sounds like you are some kind of wannabe shrink on line...I wonder if you would identify yourself and mention your theory to Col. Coleman [who works for xG]. He probably would blow your stinkin head off!"
At this point I wasn't sure whom to believe. These types of battles between longs and shorts play out all the time on the Yahoo stock message boards. It's often hard to tell who is telling the truth and who isn't. Sometimes the company being discussed has a good product and is well run and is unjustly attacked by shorts who lie in order to push the price down. And sometimes the company is essentially a scam, and it's the shorts telling the truth.
Oftentimes by reading between the lines you can tell who the good guys and who the bad guys are. The good guys tend to stick to factual debate, and generally sound more intelligent. The bad guys tend to engage in personal invective and pseudo macho posturing. They often type in all caps, boast about their personal wealth, contradict themselves, and show their hypocrisy. They also attack other commenters on specious personal grounds.
Neither of the commenters here did all of those things. But one of them did a few of them. Check out the exchange in the comments after the post linked above and decide for yourself which side you would put your trust in.
I made that judgment for myself, based purely on the comments after that post, and woke up last Friday intending to short XGT.L. But when I looked it up, I saw that it was trading at fourteen cents, down from a high of roughly $17.50 back in 2007.
The market had already rendered its verdict.
Look for more nasty comments after this post.