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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (593)12/20/1997 5:34:00 PM
From: David Smith  Read Replies (3) | Respond to of 2377
 
Doug:

If you have no problem with one of your researchers buying a POW (before anyone else knows what the pick is), then selling that stock into all the buying pressure from fellow posters--and presumably friends from the 56 threads--fine. If you want to rationalize this and excuse it because POW researchers are not paid for their efforts--fine. If this is the case, though, don't you think it would be just as appropriate for your "disclaimer" to contain a statement to the effect that "this stock may have just been purchased by one or more members of the research team" than it would for the disclaimer to state that the stock is "not necessarily recommended for purchase"?

What I am after here, Doug, is a response from an intellectual standpoint...how others feel about a stock being called a "great pick for long-term and short term investors alike," the poster of that message having already bought the stock a few hours before, then selling the stock into all the buying pressure from friends and fellow posters....

Also, regarding your suggestion that I may be bitter at having been caught on the wrong side by shorting one of your POW's...it seems to me that being short POW's recently has been the best side to be on, actually...notwithstanding that almost all of them are non-marginable, and thus not shortable.