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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (6799)8/10/1998 8:13:00 PM
From: Robert S.  Read Replies (2) | Respond to of 17367
 
"Naw, his objective was something else"

You have the audacity to claim (1) that I have an objective, and (2) that you know what that objective is. As you feel free to issue such proclamations, I too feel liberated in doing the same. After reading many of the messages on this board, it is my opinion that you and your ilk can best be described as hypesters. The following was copied from another thread, as it seems an apropos exchange:

So called "hypesters" are nothing more than the common investor pre-internet. If I ran across a company I felt was outstanding, I told others...now it can be done electronically.

With all due respect I strongly disagree. The stock market has always been plagued by
hypsters and other charlatans trying to pump up stocks. These individuals have much
more in common with 'boiler room' operations and other touts, not with ordinary
investors.

It is apparently easier to manipulate a stock from the short side than long.

Disagree. It is much easier and profitable to make money by hyping longs than by
shorting good companies. The hype has the natural predisposition of the investing public
wanting to believe. If he can concoct a good story he will easily find people who will buy
into the story. Read Peter Lynch's book 'One up on Wall Street'. One of the things he
points out as a failing of the individual investor is that, while he will do significant
research to buy a car or other product, he will buy a stock on the basis of a 'tip' from a
stranger. This works right into the strong suit of the hypster. The basher has no such ally
in the individual investor's character. Convince him a stock is trash and he will just
ignore it, not short it. There is much more manipulation of stocks by hypers than
bashers.>