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Lonnie Starr

10/16/14 3:43 AM

#3266 RE: squashjohn #3265

Yep, you can always tell when someone is new to investing, they pay attention to paid shills in the media, even when they say the most questionable things. Remember they kept telling us how 85 dollars for Google was too rick a price to pay? How we should wait to pick it up in the twenties (hahaha). Netflix and Amazon were just fads and Tesla had a "cult following". Bash, bash, bash, and promote stocks headed for the trash heap to get the big guys in or out at the best prices while sending the small investor into the trash heap of life.

People who speak to millions of people never have any useful information to impart. If they did, every one would be wiser, healthier and happier, and that's never going to happen, because that not their job. Their job is to misinform the public enough so that the insiders and the people who pay their salaries get the best chance at reaping any rewards to be had. Their game is to bolster their credibility by telling you about things that have already happened, in such a way as to make it seem like a prediction on their part. Normally you won't be concerned with their offers, so you will be guild into thinking "Hey good thing I listen to the news casters". But when the big test comes, deciding how to handle your investments, that's when you discover how harmful they are.

Over the decades I've been trading I've seen them talk the masses out of many a stock that zoomed up and into stocks that plunged into bk. Oh and don't mention the scandals, where these pundits and such were caught taking payola to push and trash certain stocks. I don't believe they ever stopped taking payola, what I think is that they just find new ways to manage it better and stay just this side of the law.

DO YOUR OWN DD AND THINK FOR YOUR SELF.

If something sounds fishy, your best bet is that it is a ploy arranged by someone with an interest. We little guys have only these boards, the big guys have control of "The News".