SAIC report leaked? Diebold stock shooting up, up and away

[BevHarris]

Volume triple the normal.
http://finance.yahoo.com/q?s=DBD&d=c&k=c1&a=v&p=s&t=5d&l=on&z=m&q=l

SAIC report is due right about -- synchronize our watches -- NOW.

What does it say, and who is trading the stock so heavily before it is announced?

Okay, someone correct me and explain another reason why this stock would suddenly triple in volume sold and then shoot up over 5% in one day.

Bev

Do they think they have it licked???

[tom_paine]

1. I think, like with so many other things in Imperial Amerika

The fix is in.

[hunter]

3. Or they could be spinning it up before they dump...

Never underestimate their skill at backstabbing. The "ringing of the bell" at the NYSE could have been like a "last cigarette" before the execution...

ES&S and Sequoia. Watch those too.

[HFishbine]

8. Consider

that insiders are selling, you might be right.

http://www.sec.gov/Archives/edgar/data/28823/000125418303000010/xslF345X02/edgar.xml

[w4rma]

40. I like hearing that insiders are selling (n/t)

[never cry wolf]

2. It would be very interesting to know

who is buying all the stock, I am sure we can guess a few.

[Eloriel]

4. They might indeed think they have it licked

But they'd be wrong, huh?

Eloriel

[ursacorwin]

6. bev what happened in that test?

i'm one of the dumb people following this issue, and i recall that you said a test of machines was to have taken place in OH...did that happen? if not, why and if so, how did it go?

as to stocks- well, duh! after the 9/11 trading, it was clear to me that there was no longer any reason to think of the market as anything other than a big pool for suckers, and the fishermen who regularly feed off of them. of course the fix is in, and if they believe they've got you covered, i'd say- look out!

thanks again for all your efforts, btw. no matter what happens, you all should be proud for your patriotic actions in our desparate times.

[hang a left]

22. and by the way that was awfully fast

wasn't it. what has it been two weeks?

[Starpass]

5. Bev--what's the SAIC report???

I've been following a lot of your work but have been not on DU a lot this summer - just a note though: saw an article read on C-Span WJ a few days ago where Diebold says it will do "everything it can to assure Bush electoral votes"--it was in some Ohio or Indiana paper and it's top brass were apparently making those comments. Kind of gives you a warm, fuzzy feeling doesn't it?

[BevHarris]

7. When Diebold got into trouble, SAIC is the "independent" evaluator

hired by Maryland and Ohio to evaluate Diebold's voting system.

Of course, it turns out that some of the same people who run the SAIC also run VoteHere, and also have director positions with the ITAA (the company that just made a pitch to do a massive PR whitewash for the voting machine vendors, for cash, of course, payable last Friday).

Bev

[Postman]

11. Isn't SAIC an arm of the CIA?...

I remember Steven Hatfill of anthrax fame claiming he once worked for SAIC and independent contractor hired by the CIA.....

[stickdog]

18. They are often referred to as the SCIA ...

They are the closest thing to a privatized intelligence agency going.

The worst of the worst, IMHO.

[Fredda Weinberg]

9. Why are you even looking at the stock price?

Is this about paperless ballots or manipulating the market? Do you have a financial interest in this?

[Zhade]

10. Financial interests

One reason to look at the stock price? It's called "following the money". When you see Diebold's stock soaring, and a SAIC 'independent study' is due out soon, it's an indicator that something is going down.

Either the report will be "Diebold's clean, they rock" - and I don't see how SAIC would find them otherwise, as it has vested interests in assuring Diebold has a clean record - or the report reveals flaws (even if they reveal only a fraction), the stock crashes, but the insiders who sell right before the report is released make a mint.

Then we see who made money off the deal, if that happens, and expose their ties to the overall unauditable voting scheme. If the former scenario happens, as I suspect it will, then this is likely moot. But it's good to be vigilant. :)

[Fredda Weinberg]

12. I am following the money

What you call "insiders" are covered by SEC rules - but they're not the ones generating the press coverage.

I've wondered all along why this "investigation" continued to focus on a single company when the evidence failed to demonstrate any deliberate infraction.

It leads to a reasonable conclusion, hence my relevant question.

[BevHarris]

15. I was perhaps naive in thinking that a spike upward

with lots of activity would indicate a beneficial SAIC report. After talking to others, it is equally likely that this could be a pump and dump or inside knowledge of selling off the voting machine division.

The SAIC report gave a timeline of 30 days. I checked my notes, and it was announced on Aug. 6, which means we can expect a report this week, unless they are going by 30 "business days" in which case, add 2 weeks.

Also, Dr. Dill said in an e-mail that something is going to happen shortly (I think the email was last Wednesday, and said gave the "something" a timeline of around a week). He said he couldn't reveal what it is, so it doesn't seem like he was referring to the SAIC report.

Lots of whispering, no specifics yet, and I'm just a curious sort, I guess.

Bev

[Rose Siding]

20. Ooo, yay.

I was bummed but this makes as much sense.

[Zhade]

54. I don't know who you are...

But you sure don't sound interested in the facts around this digital coup attempt.

First off, the investigation you slam (via snarky quotational context) has focused on far more than one single company. Clearly, you're not actually paying attention.

Second, the evidence may not demonstrate a smoking gun as to "this vote was stolen on this day in this election by this company by this number of votes", but the other facts are damning: the hack-ability of the voting systems, as independently verified by both Johns Hopkins and Rice universities; the lack of an independently-verifiable paper trail; the financial ties between politicians/election software companies/defense contractors; the recent shocker regarding the CEO of Diebold telling Ohio Republicans that he is "committed to helping Ohio deliver its electoral votes to the President next year" - the list goes on and on.

You are either 1) incredibly uninformed about the issue you're tackling, 2) amazingly self-interested, to the point of willingly dismissing a topic this important, or 3) working for the other side.

These are not mutually exclusive. You, however, are excluded from anything remotely close to credibility.

[grasswire]

13. FW, what is YOUR interest?

And who do you really work for?

[Fredda Weinberg]

16. Am I sending out press releases?

Your question would be reasonable if I were similiarly capable or inclined to move any stock's price.

[Eloriel]

26. That's surely a new low for you, Fredda

Oh, not surprising, by any means, just smarmy as all get out.

Yeah, Bev is going to get filthy rich shorting Diebold stocks. And I'm the Tooth Fairy.

Eloriel

[Fredda Weinberg]

34. Low? What is this offensive defense trying to hide?

Look, there's a financial interest from day 1 ... the book. Why would you be surprised that I would question this obsession with a single company for a national issue - or the monitoring of Diebold's stock price?

[TruthIsAll]

48. Fredda, you had my respect - once. Accusing Bev of hyping her book

by questioning the movement of Diebold stock is beyond the pale.

I, too, noticed DBD moving up and wondered what the insiders know that we don't. A whitewash seems to be the only logical answer.

You really have it in for Bev, don't you? So much so, it seems you are wanting to show your bona fides of opposition each chance you get.

Now, Fredda, Who is paying for your work?

[Fredda Weinberg]

50. Methinks thou doth protest too much

I don't have to accuse Bev of hyping her book ... it's what she's supposed to do. I don't forget that she's a publicist - but now she's developing her own content. Someone should be questioning this arrangement - I'm most suitable for the skeptical role.

But notice - instead of rational response I'm receiving personal insults and threats. Does this remind you of something?

[DEMActivist]

52. Threats? Bwahahahahahahahahaha!

Try the TRUTH is finally going to come out. I guess you WOULD consider that a threat.

[althecat]

27. Seems the cat has been out stealing again... Please answer the question FW

Seems the cat has been out stealing again... Please answer the question.

To Recap: FW has been asked a straight forward question and gave a typically oblique answer.

Grasswire asked...

Q: And who do you really work for?

Fredda Weinberg - Hero Of Greg Palast's Florida Voting replied...

A: Your question would be reasonable if I were similiarly capable or inclined to move any stock's price.

That respectfully Fredda - counselor to journalists of great stature, cracker of the Florida lynching - is not an answer.

And BTW.. Greg Palast is now on our train Fredda.... so please stop playing his card.

[Fredda Weinberg]

29. I was kind enough not to mention it to him ...

when he called earlier tonight.

[BevHarris]

32. Fredda: You have now crossed the line into libel

I have obtained copies of your vicious e-mails to reporters about me.

Get a lawyer.

Bev Harris

[Fredda Weinberg]

44. LOL!

I'm glad you're getting feedback.

[Generic Other]

14. More reliable than a weather report

or a crystal ball when it comes to seeing which way the wind blows.

[hang a left]

23. hey fredda, i have a question

are you the same fredda that greg pallast refers to in his book?

Or did you borrow the name?

[hang a left]

24. i'm kicking myself to try to get

an answer from fw

[Fredda Weinberg]

36. Sorry, real life intrudes

 

[Fredda Weinberg]

35. You bet it's me

that's why I heard about the anonymous ftp site months before anyone else here.

[BevHarris]

38. Document that. Give us a date.

Everyone here heard about that site just days after I ran into it. I never sit on news like that. DU posted it immediately. So when was it you heard about it?

Give us a date. Give us specifics.

I'll give you mine: Ran into the site on Google in late January. Interviewed Diebold people about it first week of February. Scoop published the story Feb 5, I think.

Your dates, Fredda? Explain to us exactly how you found the site. What exactly were you doing when you found it? Was it a source? Did you find it on Google like I did? Where did you publish this scoop? Who did you notify?

If there is anyone here who thinks this sick person has an ounce of credibility, raise your hand.

Bev

[Fredda Weinberg]

41. The site? You called me in Delray Beach

looking for Palast. You told me about the ftp site and I recommended you to someone who could get you access to technical professionals, remember?

I can get this person to verify our conversation, Bev.

[Chesapeake]

45. credibility as a groupie?

RAISING HAND


It's SAD

[Rex]

49. You're right, we should just ignore insider trading.

So typical of Repukes - ethics? What are those? :eyes:

[John_H]

17. There's an old saying

"Buy on the anticipation, sell on the news,: That's what's going on here--people are buying in anticipation of the report, taking a gamble that it's good. They're anticipating that when the report is released there will be a flood of buyers driving the price up, and they'll seell for a quick profit. For a smal cap company like Diebold, 5 percent right befor an announcement is pretty typical. i wouldn't get worked up about it.

Any news on the hack challenge? I have a coulple of reporter friends who i'd like to tip provided it's actually going to happen.

[Whack_A_Mole]

19. is there a hard date for the release of your tome?

awaiting it in breathless anticipation.

W_A_M

[althecat]

30. Welcome to DU whack a mole...

I seem to be managing to breathe mind....

[Capn Sunshine]

21. one explanation Bev

someone is SHORTING This stock via put options; I'm not sure there's a market made in this issue but will check for you.
If you buy enough put options the resultant activity would spike the price to the upside as purchase volume creates a supply driven rally.

This means they have to own or secure the right to sell the stock from an owner and generally the bigs provide this. If it's scarce the resulting pressure in lack of vuolume cuases a price "pop"

But it could mean that the insiders are hedging their stock holdings

Insider transactions show selling into this rally

Date Who Shares Transaction

2003-08-25 ROORDA, ERIC J.
Director *23,568 Sale at $47.4643 per share.
(Proceeds of $1,118,638)
2003-08-22 ROORDA, ERIC J.
Director *30,000 Sale at $48.0121 - $48.422 per share.
(Proceeds of about $1,447,000)
2003-08-21 ROORDA, ERIC J.
Director *50,000 Sale at $47.9287 - $48.93 per share.
(Proceeds of about $2,421,000)
2003-08-20 ROORDA, ERIC J.
Director *50,000 Sale at $47.8073 - $48.3287 per share.
(Proceeds of about $2,403,000)
2003-08-19 ROORDA, ERIC J.
Director *50,000 Sale at $47.2883 - $47.82 per share.
(Proceeds of about $2,378,000)
2003-08-19 CHEN, JAMES L.M.
Officer 7,100 Option Exercise at $29.344 - $36.59 per share.
2003-08-19 CHEN, JAMES L.M.
Officer 5,213 Sale at $47.64 - $47.92 per share.
(Proceeds of about $249,000)
2003-08-19 CHEN, JAMES L.M.
Officer 286 Disposition (Non Open Market) at $47.7883 per share.
(Value of $13,667)
2003-08-19 CHEN, JAMES L.M.
Officer 5,300 Planned Sale
(Estimated proceeds of $254,294)
2003-08-18 ROORDA, ERIC J.
Director *30,000 Sale at $47.8641 per share.
(Proceeds of $1,435,923)
2003-08-14 WARREN, ROBERT J.
Treasurer 1,000 Disposition (Non Open Market) at $0 per share.
2003-08-14 ROORDA, ERIC J.
Director *50,000 Sale at $47.2281 - $47.5352 per share.
(Proceeds of about $2,369,000)
2003-08-13 ROORDA, ERIC J.
Director *30,000 Sale at $47.3894 - $47.667 per share.
(Proceeds of about $1,426,000)
2003-08-13 DETTINGER, WARREN W.
Vice President 26,500 Option Exercise at $22.88 - $36.59 per share.
2003-08-13 DETTINGER, WARREN W.
Vice President 26,500 Sale at $47.25 per share.
(Proceeds of $1,252,125)
2003-08-12 TIMKEN, W.R. JR
Director 3,500 Option Exercise at $24.625 per share.
(Cost of $86,187)
2003-08-12 TIMKEN, W.R. JR
Director 2,556 Disposition (Non Open Market) at $46.39 per share.
(Value of $118,572)
2003-08-12 DETTINGER, WARREN W.
Officer 26,500 Planned Sale
(Estimated proceeds of $1,219,000

[Devlzown]

25. I heard you on Alex Jones today!

You sounded great! I'm glad this story is starting to get some legs. I know I can't quit telling people about it. Good luck, and keep at it!

[althecat]

28. Can we listen to that... has it been archived?

[Devlzown]

33. I'm not sure.

I don't know if Alex plays the same show twice a day or if he does two different shows. Anyway, I think his show is on now at infowars.com. I'll tune in and see if it's the same as the earlier show.

[Devlzown]

39. I don't think it is archived.

I looked on infowars and prison planet and couldn't find it archived. I'm listening to the show now and I think it's the same one from earlier today. I don't remember what time Bev came on, though.

[uptohere]

31. any insider trading listed ? that would be telling either way

and I would imagine that there is no "thinking" about it, they should know.

[BevHarris]

37. the insider trading is informative.

Roorda has dumped what, $10 million in 13 days? Guess who he is: A director who comes from the voting machine business.

Diebold bought two voting machine companies: Procomp, which put its machines into Brazil but couldn't get a toehold into the U.S. market, and Global Election Systems, which is the one we've got in Georgia and elsewhere.

Roorda was the head of Procomp, and I speculate (that's what it is) that he got a hunk of stock when Procomp was sold to Diebold. He appears to be dumping stock as fast as he can.

Quite a lot of insider selling activity started on August 12, and on August 15, the state of Ohio quietly told its people to hold off on buying anything.

Based on the above, it is possible that the SAIC report may be devastating.

As is a file one of our activists discovered recently -- stay tuned.

If my guess is right, do you suppose we'll see Fredda running around yammering about the SAIC? "Not a thing wrong with those files, I examined them myself. Yes, it's all a very badly planned publicity stunt by the SAIC. Because I personally examined those files and there is nothing wrong with them..."

Peace.

Bev Harris

[Fredda Weinberg]

42. I've got you scared, haven't I?

Actually, I'm indifferent as to whatever SAIC discovers - and I haven't mentioned it. What is obvious is that all your hype about backdoors and hacks was just that ... pity.

[DEMActivist]

43. Scared? of you? Bwahahahahahahahahahaha!

Will Pitt put it best....Fredda is a mad, insane barking dog.

All the enemies you have created will come back to bite you in the ass, Fredda.

[Fredda Weinberg]

46. Will Pitt credits me in his book

that was the extent of our relationship.

Enemies? Why should my reasonable question create enemies?

[Name removed]

47. Deleted message

Message removed by moderator. Click here to review the message board rules.

[dusty64]

51. ES&S stock up

over 5% today as well.

[lazarus]

53. You people need to learn to behave

I'm locking this. If anyone cares to restart the thread, and the rest of you can keep from attacking each other, you can continue.

One bit of advice: Take a look at Diebold's stock report on a six month view.