To: Susan Saline who wrote (14663 ) 6/10/1998 1:24:00 AM From: Johnathan C. Doe Respond to of 53068
There really is nothing much worse than someone that hypes a stock, except maybe somebody that puts out misinformation; I guess that is the worst of the worst. Hyping a stock requires a definition; a person buys a stock or has an interest in some way through the stock and pushes the stock to others so that they will do something that might well not be in their best interests so that the person doing the hyping can benefit. That is a pathetic practice and it's seen often enough. There is a difference though if somebody; like Dan Z. or Ron, and I might humbly add myself to this list; watches the market closely, has experience in trading and has some expertise in the specialized areas of the market and shares personal observations with others while acting on them themselves. It would only make sense to buy a stock at the same time that you point out that you think the stock is going to make a positive move. You might be wrong, but if it is an informed recommendation from someone with a known trading record, then that should be valued as an opportunity and not mistaken as an effort to immorally hype a stock. I personally enjoy sharing information. I work hard collecting it, and it costs me nothing to share it and I gain nothing except the possibility of the comradrie of mutual success. This is certainly much better than portfolio managers who come on CNBC and talk up stocks they have been stuck in as mistakes and don't say a word about the stocks they are either buying or planning to buy. Hot heads can run around and cry "HYPE" whenever somebody makes a stock recommendation, but in their reactivity to the other person, they may well do an injustice in not knowing or even trying to know what a person's motivation is and that is key to what is appropriate as a response to that person. I personally find myself trading many of the same stocks talked about at the same time on this thread. I don't use the same trading methods, but often we are seeing the same opportunities; other times not. I have a longer outlook often that this thread, and less firepower to concentrate on a quick in and out, but when these different trading appoaches overlap, I point out opportunities I think others on this thread could consider and reject if outside trading criteria used as their method. This is all in response to deal with the faint possibility I am included in the hype-type catagory. Like I say, it would only make sense as we see people on this thread do every day; it would only make sense to buy the stocks one recommends to others. YOU?