I am posting about the current state of Wall Street, with regards to the IMCL, Merrill, the Tyco, Enron and the other aspects that are creating a real threat to Wall Street, Mutual Funds, retirement accounts and Billions and Billions of Dollars. Analysts have paraded around promoting the internet sector, the B2B sector, the Optical Networking sector. Etc etc etc.
Overvalued stocks come about by many means, corruption, collusion between analysts, stock promotion, and generally lemmings running for the next big thing, the news media and the rest of the majority of America are now focusing on this issue, as I am hear now. Those who invest in OTC:BB stocks know they are very risky, what I can not believe is that major brokerage houses played America’s retirement funds as if there was no duty to their clients who relied upon them.
Look at the optical networking stocks, they were never worth what they were promoted as being. JNPR at 200-240 with a Buy rating? Real people, real retired people, were hurt by that. Not simply a mater of OTC:BB gamblers.
I would expect that my posts you will find deal with the topic of this thread, there are other overvalued stock threads to post on, as well as world terrorism threads etc. Seem that this is the best place to post these topics now. |
