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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (2310)1/18/2001 8:53:39 PM
From: hjz  Read Replies (1) of 6445
 
The difference between analysts and the traders that post and the websites is that analysts are responsible for their actions. If they recommend a stock to their clients and it loses money or if they try to front run a stock and recommend it while then selling into the rally, they are held responsible and then either fired or prosecuted or both.

That does not happen with the traders that post or website operators but I have information from some good sources that reckoning day for them is very near. There is an investigation into how to handle traders that hype or promote their trades in order to get the stock to rise just so they can then sell into that strength. The issue has always been that traders are free to express their views but when there is fraud involved they give up their rights to free speech. It will be interesting to see what happens but it is something that needed to be done to stop the fraud on the Internet.

HJ
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