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Pastimes : Can SI Members Really Manipulate Stocks? -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (8)	7/30/1998 8:06:00 PM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 461

Jeff, I think that I oops... I mean we can manipulate stocks simply by talking about them. As proof, I offer up that I have been "touting" Microsoft, Intel and Cisco for years, and look where they are now. Hear that guys? BillG, CraigB and JohnC, send me some shares. It's all my fault that you're where you're at now. KJC

To: Patrick Slevin who wrote (8)	7/31/1998 1:24:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 461

I have a notion that all but small caps and below are relatively immune to the intriques of SI. In other words, 90% of the stocks that are discussed on SI are fodder for this thread. (g) As for the others, I suppose if we had a thread called "Can Institutions Really Manipulate Stocks" we'd be having a parallel discussion. For example, if Montgomery accumulates a ton of XYZ and then issues a "strong buy", I suspect they could easily create demand similar to a penny stock hypester. My broker used to joke that when ML recommended a stock he would short it because it usually meant they had an oversupply. (g) Investing is a game of poker. To win either you need to be playing against inexperienced competition (i.e. like most investors in small cap and pennies), or you need to be using a marked deck (which brokerage houses who also make markets in stocks have). - Jeff