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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (2684)7/19/1999 10:56:00 PM
From: Phil(bullrider)  Read Replies (1) | Respond to of 19428
 
Mad2,

Is this a trend? I wonder if the wires will take news releases from "Auric Goldfinger" and "Mr. P$nk".

IMHO, there is no question that with the Internet a group of investors could manipulate a given stock.

But, couldn't they do the same thing with the telephone?

I feel that the major advantage of the Internet to the individual investor is that we can share in the behind the scenes shenanigans and manipulations that a lot of companies and others attempt to put over on us.

The unfortunate thing is that the same medium is being used to megahype the "marginal" investments, and there is a plethora of unsuspecting "investors" willing to believe the hype.

I guess as long as there are people willing to surrender their money to hypesters and cons, there will be hypesters and cons willing to take it.

Have fun,
Phil