To: Jon Stept who wrote (16805 ) 12/4/2000 10:59:28 PM From: Walkingshadow Read Replies (1) | Respond to Jon,me a "big boy." them what to say, and I would do the opposite. I would tell them to issue upgrades to get a stock I'd just bought moving, then when I'd gotten a nice profit, I'd tell them to issue more upgrades, and gush glowingly about the future of the company. Then, I'd take a short position in the stock, and immediately dump a huge quantity of shares on the market. I'd tell the analysts to keep their mouths shut as the stock sold off in a panic, then after I'd gotten the profit I wanted, I'd cover my short position. Next, I'd tell my analysts to start issuing downgrades, and badmouth the stock incessantly, because I wanted to have another go-round. Once the last of the retailers gave up and sold, I'd buy in with a huge position, causing instant momentum in the stock. If necessary, and only if necessary to keep momentum going, I'd have them issue a few upgrades, but usually greed is sufficient to accomplish this, and most times I could just watch as momentum traders did that work for my analysts, just as the momentum boys did so on the selloff. And so on, and so on.I'd get bigger, and give my analysts raises, and hire more of them (and not talk publicly about their "track record," of course).
