To: Colin Cody who wrote (37499 ) 6/2/1999 1:39:00 PM From: ACS_101 Read Replies (1) | Respond to of 122087
OK, I'll try one more time. I know A@P has a following and that following moves stocks. That's never been in dispute. He does a great job at it! Your logic is completely self-referential; you won't learn anything that way. Look at the record of stocks Anthony has shorted over time. Most are now selling at far lower than either his entrance or exit point; plenty are near zero. You seem to believe it is his "lemmings" that make his picks fall. Actually, it is occasionally our covers that are the only thing that keeps them from freefalling. There is a fundamental difference between a company that has a real value (ie a business plan, real capital, and genuine execution) and a stock distribution scheme. No short-seller can make one into the other, nor can he make the stock of a real company go down or stay down for very long. On the other hand, there are only a limited number of strategies for stock distribution, and Anthony has seen them all. He can trade them by the tape, by the PR, or just by smell. They all share one thing in common: the law of gravity. Believe it or not, us lemmings do a whole lot more of our own DD than the average penny stock picker; even though its slower pecking the keyboard with our beaks. Its painful when someone punctures the fantasy on a "story stock" you've fallen for, but the signs of stock distribution are unmistakable. Anthony occasionally goes out of his way to make sure naive investors have a chance to wake up, though, before they are parted from their money. For that he draws the insults of the offended; however, many of us lemmings were formerly the insulted, and are now grateful to him for his generosity. Lemming