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.
Strategies & Market Trends : Freddie Mac (FRE) pops the housing bubble -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (14)9/2/2003 4:37:48 PM
From: KeepItSimple  Read Replies (1) | Respond to of 50
 
how can a stock "bottom" when it is near the top of its all time high range? LOL.

it's a pump and dump, folks. brokerages upgrade stocks if they need to unload shares of their customers. it is the same as it has always been.

the only reason the game keeps working is because the vast majority of the population can't conceive that brokerages would intentionally try to rip them off. they still think that these huge financial corporations issue "buy" recommendations in order to help out the little guy who doesn't pay them anything in commissions.

you'd think after the nasdaq collapsed 85% that most people would get a clue, but apparently not.

fading brokerage "buy" or "sell" recommendations is one of the easiest ways in this market to make huge amounts of profits..