I know I'll get flamed on this one but.....
From all the picks that I have seen on Stocks4Tommorrw, Mick Orgasmick, and PWSP, just to name a few, the stock goes up for awhile and then goes down. But what stock doesn't do that, especially penny stock. If you are in for the long term, then why sweat it, if the stock is great, then in the long run, you will make out.
Many people want to daytrade, and this is how they make money, buy low, let it go up, sell high. No one is forcing anyone to follow their picks, people do it on their own. And I would assume that people wouldn't follow their picks if they didn't make any money. BUT, they do have a very good following, therefore I would assume that a majority of their followers DO make money.
On the other hand, people lose money. Is it their fault?? no, that's the way it is, some people make money, some people lose money. I have done both. There is risk involved. I also hope you don't expect to win on every trade you do, because if you do, then you are very nieve. Also, if you put a great % of your portfolio into any one pick, then that's like playing Russian Roulette.
Unless you can show for proof they are deliberitly manipulating the market, then I would be careful about badmouthing someone due to the legal term (slander).
When you do do this, without any significant proof, it just looks like you are someone that got the short end of the stick and want someone else to blame other than yourself.
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