Why people suggest people to buy and sell stock on message board? If I buy or sell, do they get any advantage?
2007-03-02 06:52:28 · 7 answers · asked by MC 5IVE 1 in Business & Finance ➔ Investing
The above 2 responders have to do with penny stocks that do not trade very much. The technique is called "pump and dump." But if someone recommends a blue chip large cap stock that trades tens of millions of shares daily, you buying 100 shares or so will not make a "hill of beans" difference.
2007-03-02 07:02:20 · answer #1 · answered by gosh137 6 · 1⤊ 0⤋
People either think they know something or they are already in that stock and want others in it too.
Remember that tipsters love to give stock tips as well as get them. They seldom make money. Do your own research.
2007-03-02 08:17:03 · answer #2 · answered by Scott O 3 · 0⤊ 0⤋
If the inventory upward push previous $60 you have infinite criminal accountability. enable's say the inventory ends at $70, you will could purchase the inventory at $70 and sell to the holder of your call decision at $60, a $10 loss. If the inventory value upward push to $one hundred, nicely, you do the mathematics. to no count in case you're able to purchase the inventory to cover. i think of you're able to easily purchase the call decrease back out applicable and decrease your losses.
2016-12-14 09:02:32 · answer #3 · answered by unck 4 · 0⤊ 0⤋
They want to do the opposite of what you do. Even professional analysts are wrong most of the time. Do your own research and find an unloved company that no one is following.
2007-03-02 06:58:00 · answer #4 · answered by scotto destructo 3 · 0⤊ 0⤋
Yes, if they want you to sell, it's so the price will go down. If they want you to buy, it's so the price will go up and then THEY can sell.
2007-03-02 06:56:36 · answer #5 · answered by Anonymous · 1⤊ 0⤋
They want you to be rich.
2007-03-02 17:10:22 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Yes. Don't do it. It is illegal.
2007-03-02 06:54:20 · answer #7 · answered by Daniel-san 4 · 0⤊ 0⤋