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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST
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To: Eric Wells who wrote (72332)8/6/1999 10:44:00 AM
From: KeepItSimple  Read Replies (1) of 164684
 
The problem with big brokerage recommendations is that they instruct their underlings to prop up the bid with small automated buys throughout the day. Brokerages make their money by placing trades before their "recommendations", but those recommendations are only followed if they seem to be accurate.

So keeping the price positive on the day of the recommendation is Job One, and they'll do anything to make it happen.

Of course, none of this is illegal, but it is quite deceptive.
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