Abby will tell everyone why the market crashed extended PE's, 5x BV, inflation,Asia, blah, blah, blah.
The sad thing is, these people will probably all pull their personal funds out of the market the day before. Everyone who followed them will be crushed, and will hate them for all eternity, but the analysts will still be filthy rich. What they are basically doing is pumping-and-dumping, except not on penny stocks.
The "bad, bad boy" is pumping his shares of Yahoo every day or two, and yet I suspect he'll somehow get out the day before it begins its 90% drop. He'll be able to stuff himself on caviar and Twinkies for life, while the shorts he crushed along the way (and the longs he left hanging with his pump-and-dump scam) will be buying dented cans of cat food and living in refrigerator boxes under a freeway.
But I'm not bitter ... |
