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Post# of 252498
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Re: microcapfun post# 122685

Monday, 12/19/2011 8:39:48 AM

Monday, December 19, 2011 8:39:48 AM

Post# of 252498
Perhaps the silliest biotech-newbie mistake: “If knowledgeable posters are bashing a stock, it means they are trying to ‘accumulate’ shares, so it must be strongly bullish!”

I’ve seen this posted literally hundreds of times on biotech message boards; the most recent instance was on the PPHM board a few minutes ago: #msg-70072332.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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