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Varchild2008 (85.30)

Biggest SCAM of the Century: Tear Down Stocks intentionally

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April 07, 2010 – Comments (6) | RELATED TICKERS: F

Yes..... I am making a BOLD statement here and actually I already made this statement back in 2008.....  There is just a consistent enough pattern that it must be mentioned again.

The Biggest SCAM of this or any Century is what in my OPINION appears to be intentional bad mouthing, tearing down, of stocks or stock prices in order to generate a steady decline in share price.... until.... some foreseeable already pre-determined date....a bunch of money guys come in and get to buy their shares at cheaper prices.

Of course for this SCAM to actually be real... and it may not be..... Money Managers would have to know an awful lot of Media Journalists and Reporters and Stock Analysts from multiple sources who would be willing to voice Negative/Positive Articles on stocks at will.

But..... I don't really believe it works that way....  I think the SCAM is mostly about the RUN-UP to a major Earnings Release and then *BAM* money managers make their moves buying a stock lower based on a series of Negativity Floating around the Stock in multiple Media Articles.... and enjoying the Stock Price CLIMB shortly afterwards...

Look at it this way....

How can article after article exist for FORD after a quarterly earnings report that praises FORD????  You read these articles and you can't but help believe FORD is the ultimate GOD STOCK to invest in.. (which it is not as no stock is a 100% risk free investment)...

But the run-up to the earnings.....of FORD... behind the earnings of FORD... You get nothing but CAT CALLS of "FORD Shares are Overbought!"

Check yahoofinance.com   behind an earnings release.... and ahead....of a stock like FORD.

Am I wrong to declare "SCAM" simply because like clockwork you see these patterns and think how in the world can Journalists and Stock Analysts just operate like ROBOTS?

They are suppose to analyze.....  Not act like your Living Room's  ROOMBA.   Do just fine cleaning up your place after you start the robot.... only to get stuck in a corner or on a deep pile carpet/rug later?  and then you have to pick it up and move it and your back to normal?

Wednesday 3:24p.m.  Motley Fool   " 6 Cyclical Stocks That are Overbought"

Now I haven't read the article but the Headline appearing on FORD's page would make anyone shy away from buying shares of FORD at its current share price.....  Except BIG MONEY GUYS that perhaps take advantage of this crap?

And of course... none of this is a SCAM if you already recognize the absurd pattern..... Just have to *play along* with the on-going SCAM-O-BOT  scheme and a series of negative articles behind an earnings release =  BUY BUY BUY.....  while a series of positive articles behind one  = SELL SELL SELL.

In my opinion...



6 Comments – Post Your Own

#1) On April 07, 2010 at 8:19 PM, Varchild2008 (85.30) wrote:

Hmm I'd like to buy some Handbags and a couple Air Jordans... oh oh and I'll take the Free Shipping!!!!  yayaaaaaa  shoes2.us rocks!

/sarc

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#2) On April 07, 2010 at 9:08 PM, checklist34 (99.71) wrote:

fact.  the yahoo message boards are quite literally full of people trying to scare people out of stocks for thier own (short) interest. 

its become just a part of the game.  

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#3) On April 07, 2010 at 10:14 PM, TMFBent (99.82) wrote:

Am I wrong to declare "SCAM" simply because like clockwork you see these patterns and think how in the world can Journalists and Stock Analysts just operate like ROBOTS?

I think so. First, I don't believe this pattern exists. Next, the vast majority of opinion on stocks is overwhelmingly positive. Third, and finally, the "paid basher" or "bent journalist" that some believe is responsible for stock price drops has never been shown to exist. But hey, the lack of evidence for bigfoot has never stopped his believers.

The irony is that those who complain about unfair press most loudly, CEOs and others, nearly invariably turn out to be running the real scams or lousy businesses, and have often proven to have paid pumpers and dirty tricks teams on their payrolls, as well as easy-to-fool journalists, as well as the odd mole inside the SEC, covering for them.

See: OSTK, Pegasus Wireless, Globetel, Earth Biofuels,  Conversion Solutions, CMKM Diamonds, Lehman Brothers, Allied Capital, Countrywide, and many, many others.

The problem in the stock market isn't too much skepticism. It's far too little skepticism.

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#4) On April 07, 2010 at 10:35 PM, TSIF (99.96) wrote:

Motley Fool pastes articles everywhere, I think it's excessive, but it's part of their model.

The other "news sources" are the rogue lot of investment rags trying to earn a buck as well.

I do think MM's push stocks around. I do think occasionally analysts play games, especially to near a stock issue announcement. 

The bulk of the news releases around earnings are just talking heads trying to justify their existance.

The bottom line is that a large number of investors need to get educated. Some will do it through valid services like the FOOL, others will do it through the school of hard knocks on Yahoo or similar message boards.

Anyone taking the advice of anyone without learning what Due Diligence is will either learn eventually or circulate their money to someone who does. 

I agree with TMFBent that those who are suffering from bad responses from their investments are typically the ones who complain.   There is clearly a herd mentality.  The speculators outnumber the investors. 

Good thoughts, provokes some good discussion.  Thanks!

TSIF

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#5) On April 08, 2010 at 5:33 PM, Varchild2008 (85.30) wrote:

Excessive Article posting has only resulted in devaluing the quality of the writing severely.

I'll constantly call out any article like this one that doesn't go into details and just postures, "This Stock is a Sell!"

If you find the stock overvalued then prove it.  Put up your analysis.  Don't tell me it is overvalued just because you HATE THE AUTO SECTOR.

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#6) On April 14, 2010 at 9:36 PM, deexu (< 20) wrote:

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