Bill,
The good news will not necessary help the stock anymore. The market is controlled by the mediums, the fund managers who had billions of dollars to play with and can
easily short down the stock to the ground.
Think about that what the mediums said about Win98, and what is the result now ?
CNBC can easily put a statement in the public that " The Win98 did not seem to have
a good sales ....etc" which may not be true but will have a big impact psychologically on the small investors. Think about that the fund managers can controll billions of dollars, and now few managers controlled the major pool of the
401 fund, few managers of fund can destroy a medium cap stock easily just by sell
short the stocks down all the way to the ground , no matter how good the or strong fundamentally the company is, that is not matter any more. So, nowadays, the market is a gambling field, it is a money game, big fish eat the lunch of small fish,
If you have enough fund, you can short down the stock or even destroy the company completely in the market, especially for those small and medium cap companies. So, this maket is not a what we called free market anymore, it is a market controlled by mediums, and fund managers. The government need to put some restrictions on those fund managers ( limited the fund each fund manager can control, so that they can not control the market). Otherwise , what is the difference between our market and the market in Russia ? One is controlled by the government, and the other is controlled by the mediums and fund managers who play with billions
of dollars and can destroy any companies they want, especially small and medium size companies ? |
