A strange one on Twitter – Or is it?

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Optionetics has many claims to make. He/she loves their Microsoft stock. Follow them for shameless MS promotion.

*EDIT* BEFORE READING ANY FURTHER, THIS POST WAS MODIFIED ON 24/3/09.  IN CASE USERS ARE FINDING IT FIRST, PLEASE NOTE THAT IT APPEARS THE COMPANY OPTIONETICS HAS BEEN THE VICTIM OF A USER CALLING THEMSELVES BY THE SAME NAME.  OPTIONETICS IS A LEGITIMATE FIRM WHO PROVIDES EDUCATION.  PLEASE SEE POST:

https://openbytes.wordpress.com/2009/03/24/optionetics-a-mystery-solved/

Or: The only options for “Optionetics” seem to be Citigroup and Microsoft

Discovered a new one on Twitter by searching it with the #microsoft tag.  Very useful btw.

Meet Optionetics who is getting a mention on the site because they have not answered any of my questions put to them and seem to be on a crusade to promote Microsoft stock by making claims on their twitter account.

So lets see what we know about Optionetics: Successful Financial Expert ❉ Options trader ❉ Wealthy person ❉ Follow me for Greatest Stock Tips!” is what is said on their profile, however there is no backup to this claim.  So I suppose we take them on their word?

On another post it appears that Optionetics likes to quote others comments without giving credit.  (I thought this was called plagairism?)

Here he/she says: MSFT has cash of nearly $21 billion at the end of 2008, and has absolutely zero long term debt. A compelling argument for owning Microsoft.” except they are not saying that because I believe they copied it from: http://seekingalpha.com/article/121792-ten-worthy-technology-stocks (with one or two words changed)

So do you take advise from this person?  Ill leave you to make up your own mind as to their posting intentions, although I ask you to look at how much promotion of MS stock they seem to be doing.  Here is their Twitter: http://twitter.com/Optionetics

I challenge Optionetics to post a reply here and justify themselves.

Somehow, I doubt they will.

For your enjoyment, heres a selection of their “gems of wisdom” from Twitter:

“Stock Tips of the day. MSFT is releasing a new Xbox, Windows 7, cloud computing. Buy in now before the stock goes up! Way up!”

Microsoft Stores to Include Games, Xbox Goodies, and Software! Investors love this! A hot BUY op!”

Show your support for #Microsoft by buying MSFT stocks.”

Secret tech stock that you must own right now. MSFT (#Microsoft)”

I’m buying MSFT stocks right now. My analysts forecast it at $24.”

Buying more MSFT #Microsoft stocks now while it’s low. Remember: Buy low, sell high. Get rich!”

Just put in my order for MSFT stocks and getting ready to attend the Oscars Party tomorrow night.”

MSFT is the best tech stock to buy right now! Will be quadrupled when Windows 7 is released later this year.”

I think you get the idea, ill stop there.  At the time of adding this text, its been 6 hours since he/she last updated.  Ive sent them a reply informing them they are on this site.  I wonder how long Ill have to wait?

*LINK REMOVED* – IN THE SPIRIT OF FAIRNESS, I BELIEVE THAT THERE COULD BE A CAMPAIGN TO CHEAPEN A LEGITIMATE FIRM.    AFTER MESSENGING OPTIONETICS, I SEE THEY ARE A LIGITIMATE, PROFESSIONAL COMPANY.  PLEASE SEE THE MORE RECENT POST ON THIS SUBJECT.

https://openbytes.wordpress.com/2009/03/24/optionetics-a-mystery-solved/


6 Comments Add yours

  1. Will says:

    That’s pretty rich. I have no idea where some of those claims are coming from, but I can take a guess.

    For example, Microsoft itself claimed that there would be no new Xbox in 2009. Link here:

    http://www.engadget.com/2008/05/13/microsoft-says-no-new-xbox-360s-in-2009/

    And, maybe I’m wrong, but isn’t MS still losing money on every Xbox that goes out the door? Or have they recently turned that around?

    Not to mention the MS stock graphs I’ve seen don’t have a good trajectory to them.

    But, hey, what do I know? Why don’t we all just go follow this get rich quick scheme? What’s the worst that could happen, especially these days? Right?

    lol

    Oh, and in other news, you might be interested to know that Ken Starks of the HeliOS project (A Texas-based non-profit organization that provides free Linux computers to disadvantaged families)
    http://www.fixedbylinux.com/about

    was physically and verbally assaulted at the gas pump recently because of the fact that he advocates Linux.

    http://linuxlock.blogspot.com/2009/03/tempers-flare-as-recession-creeps-into.html

    And the shills say the Linux people are the out of control zealots?

  2. openbytes says:

    Hi Will!

    (Firstly AKISMET blocked your post originally because of links, sorry for the delay in approving it, but I only just noticed)

    Yeah, in regards to the “Gas pump incident” I read that earlier! Interesting, but then when you look at how angry and abusive pro-MS posters can get, its not really a surprise.

    Optionetics has now stoped posting again, but still wont answer any of my questions. I wonder if its the same Optionetics that is mentioned on the Ripoff report?

  3. Hi all,

    Thanks for posting this to the blog. I’m actually with Optionetics, which has done investor education for 15 years.

    We NEVER do stock tips and investment advice like @optionetics has done. That’s illegal. We only provide education and tools to teach people how to increase trading profit and protect downside risk.

    We’re currently talking with Twitter so we can take back our company name from this impersonator. Thanks for asking the important questions!

    (We’re just diving into Twitter now as a company. You can follow me at @AKatOptionetics, or http://twitter.com/AKatOptionetics.)

    Aaron

  4. openbytes says:

    Thank you for your reply. I will be putting an article on the site in relation to this matter.

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