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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Alan Smithee who wrote (23395)1/28/1999 4:10:00 PM
From: j g cordes  Read Replies (2) of 120523
 
DSG.. it makes no sense to covet good picks, paid for or not. The reason is obvious, if you're in the stock you want everyone to know about its potential to attract additional buyers.

Look at the economics. Lets say you paid Jenna a hundred dollars for her all time best stock idea, but then nobody but you and the service knows about it. The stock dogs because its exposure is limited.

On the other hand, you put up your hundred to get an early chance to buy a good idea... then the stock is talked about and thousands of people hear about it. Lets say the difference between keeping secrets and spreading the good word is worth a point or more. You've more than made up for the imaginary privilege loss of keeping things secret. In fact, its mandatory to let the world know the best ideas or they don't do well! Don't be cheap, stocks move on generosity and sharing ideas... that's all they move on.

When you've got a good idea, the time between knowing and posting should only be as short as a reasonable phone call to buy. No stock ever ran up on well kept secrets.

Jim
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