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.