Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (13731)	2/7/1999 11:44:00 AM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Giving credit to one source for moving a stock, I think is silly. Crediting the unknown face in the NY Times article, for example, discounts general market trend, market makers, related news events, all of the discussion here on SI on the stocks mentioned and all sources having a market effect. A brokerage house upgrading a stock is a good example of how an individul acting alone does not move a stock. A brokerage upgrade creates wave buying as the information is released to different audiences at different intervals. Supposedly, the institutional clients are first informed, then at the bottom of the food chain are the people receiving the news via the press release or media coverage. A faceless internet individual would need to create a similar network or at least a network sophisticated enough to create wave buying to support the price trend. Amigo Sergio PS Yesterday I posted a link to Stephen's coverage on CNGR. To open the link, it's necessary that you have previously downloaded or have installed on your computer Adobe's Acrobat Reader. The link for Stephen's report on CNGR and other Companies that they cover: stephens.com. The reader is a free download from many sites including www.stephens.com