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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (7551)9/13/2019 2:09:23 PM
From: Winfastorlose  Read Replies (1) | Respond to of 27110
 
Sometimes, an analyst will recommend a long position to a high target so his people can get short the stock at an unreasonable level. I learned that the hard way back in the early 90s when I led an effort to bust some shorts in a stock and got to know the shorts pretty well. They ended up giving me a very expensive and troublesome education.

When it comes to making money, anything goes with some of those people.