Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (3725)	7/13/2000 11:06:13 PM
From: KeepItSimple	Read Replies (2) of 436258

>a stock pimp saying 'sell' risks everything... But a bull risks nothing recommending XYZ.com at 250 dollars per share as a strong buy, even if it drops to 40 bucks 1 month later. I dont recall Blodget losing his job, or Mary Meeker, or any of the other pimps who were pushing their inventory out the door in early march at the height of the mania. The lesson is clear. As long as you cheerlead for a stock, it doesnt matter if you're lying, or stretching the truth, or just happen to be wrong. When the stocks go down NOBODY blames the analysts who were bullish on them. They blame greenspan, they blame the companies, or they blame "those evil short sellers." There's a reason why less than .05% of all nasdaq recommendations are "sell." There simply is no market for negative (albeit truthful) information reporting. Well, that and that you'll have your life threatened.

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