MANIPULATION IS RAMPANT --- Can We Stop It? Message Board

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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It?

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To: Dave Gore who started this subject	5/10/2002 2:52:38 PM
From: Prophet	Read Replies (1) of 589

This is the kind of sh&t that the SEC should be monitoring and disallow: finance.yahoo.com Major Analysts coming out one day prior to earnings announcements and lowering guidance after they had a chance to sell their holdings and then short the stock. Lowering guidance would make for a nice drop so they can cover their shorts and get back into the game. This kind of announcements has absolutely no benefit to the general individual trader or investor. They are outright malicious and should be outlawed by the SEC. They don't want to be caught not having predicted a bad earnings announcement because it would damage their reputation, so they wait until the last possible minute to publish their opinions. So if Analysts contribute nothing positive to the retail investor, why let them publicly voice their opinions? Makes me sick!

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