SI
SI
discoversearch

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.
Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (498)3/22/1999 6:54:00 PM
From: Chip Roos  Read Replies (2) | Respond to of 626
 
Cima:
The problem I have with this method is that I get the feeling that sometimes stocks are being promoted by publications solely as a result of financial renumeration and not solid information. I'm not saying BizFN is necessarily doing this but would be interested if they have ever not accepted money and/or free stock from a company that wished to be touted on their service.

Many of these microcap stocks run up in price as a result of the hype and "press releases" only to quickly fall back. The "self fullfilling prophecy" syndrome takes effect here. If BizFN pushes and releases enough, their following will buy and make the stock rise in the short term. Then look out below!

Yes, if you time things right and get on their "premium" list which supposedly alerts you to their releases before the mass mailing, the inference is that you can get in before the masses run up the stock price. I'm sure this works sometimes but in the long pull, I think you will be the loser.

If you think that BizFN is providing a service by "getting the word out", you would do well to be very careful. They aren't doing it for their health...

All of this is just my opinion. Good luck regardless.

Chip