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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (24348)	2/10/2016 10:40:23 PM
From: geoffrey Wren	Respond to of 34328

I notice now the Wells Fargo analyst Bock was reporting only something he found on a site named: Asset-backed Alert It is a subscriber page. Maybe better than the pennystock guys that spam everywhere on the Yahoo message boards. Assuming PSEC management is telling the truth here, then Bock was totally irresponsible to repeat the rumor without any attempt at verification. How does he get the title of analyst just passing on rumors? My guess is he was played by someone with a short position. In my opinion Wells Fargo should press him on why he issued his report, and probably fire him for pure sloppiness. Maybe the SEC should investigate Bock and the person who planted the story on Asset-backed Alert, and anyone who made a boatload of dough in those few days, first the big drop and then the recovery.