Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: jeff Strum who wrote (1887)	3/30/1999 9:22:00 AM
From: William W. Dwyer, Jr.	of 2120

I think these kind of places are an insult to any intelligent trader. Don't you suspect that "someone" is front-running in these situations? I am sure that "someone" is buying these stocks before the announcement, then selling their shares immediately after the big-deal announcement. Not trading, not investing, more approaching criminal activity, imho. I would never be interested in trading based on the "picks" of some such guru. Wouldn't you rather do your own research rather than buying what everyone else is buying for the minute? I bet these "picks" are cheap BB stocks with small floats, no liquidity, companies no one would look at otherwise. How ridiculous. I wonder if Warren Buffet is a subscriber.

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