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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (48313)3/2/2001 9:56:56 AM
From: Kanetsu  Read Replies (1) | Respond to of 57584
 
<You believe. . . that hedge funds and groups of short-sellers do not regularly "box-in" stocks. . .in order to force down the price. . .>

Falls under short term manipulation, but they do that at their peril, hedge funds and short sellers are not the final answer on a stock price. If people feel that the stock is artificially low, they can buy it and burn such short sellers.

<. . . .you believe that investment banks never lie about the prospects of their IPOs. . . .then destroy any competitors that might be a distraction. . . shorting to the point where the company can no longer get loans and must file bankruptcy. . . .>

I don't believe they short them outright, they may sell tons on behalf of insiders, but once again, the price will find its true value eventually based on fundamentals, I don't believe they ever put a gun to my head to force me to buy them.

<. . . .you believe that some tech stocks deserve a PE of 400, while others that do the same thing about as well get a PE of 20. . . .>

Whether I believe or not is not important, though if I don't believe it, I short the stock with a PE over 400 and buy the stock with a PE of 20. Point is, it's not manipulation that allows that to occur, it's more buyers than sellers or vice versa.

<. . . .you believe that the many cases of Market Maker manipulation, price fixing/collusion, insider trading that are discovered by the SEC are the ONLY ones and that they don't miss 90% of the same action elsewhere. . . .>

I'm sure it does occur, but like I keep saying in the long term, supply and demand will determine the price.

<.. . . you believe that the few dozen 4 Day Margin Liquidation Squeeze plays on the tech market were all coincidentally exactly alike. . . .>

I put the 4DML theory in the same category as the Lochness monster... . .

<you believe that the analysts are trying their best to give as accurate of analysis on stocks as they can, regardless of the position or interests of their employers.>

I DON'T believe that, but there is a simple solution that does not require govt. intervention: DON'T LISTEN TO ANALYSTS.

Finally, regarding all the instances of fraud you cited, who here has traded any of those stocks? If you lost money on pinkmonkey.com, you deserved it.



To: Rande Is who wrote (48313)3/2/2001 10:46:15 AM
From: KevinThompson  Read Replies (1) | Respond to of 57584
 
Hi Rande,

You might add to that list Selective Disclosure. Amazing how sometimes we'll see large buy or sell orders go through just prior to a company press release. Startling how that it always seems to be the most profitable move. Nothing like being "in the know" and privileged. Shameful and despicable that it is allowed to go on. Cheating at its best.

Keep up the good work. Sometimes it's lonely speaking truth.

Best Regards,
KT