Anyone who has traded pennies for awhile knows of Janice Shell. If you did some DD on the companies she has followed, you would know the SEC has gone after quite a large number of them. The feds definitely do not roll their eyes but instead use her info to help build a case. They typically move very slowly though unless the company is peddling a health related product.
IMO she's an excellent trading indicator of what stocks are not good long-term holds. There may be short spurts of good trading in what she follows, but that's about it. The people who actually do more harm to other investors are hypesters because they often encourage novices to buy and/or hold when they shouldn't be. From what I've read, IMO Sterling is one of the most dangerous ones. His massive shorting theory, which many believe, is pure garbage.
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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett
