Pumpers/BashersSince there has been a lot of discussion on this topic, I thought i'd just add this in.
If anyone thinks that pumpers/bashers have no effect on markets, just saddle up your time machines and take a trip back to 2001.
https://www.nytimes.com/2001/02/25/magazine/jonathan-lebed-s-extracurricular-activities.html?scp=1&sq=jonathan%20lebed&st=cse
Mr. Lebed did just fine promoting his own picks on message boards.
Lets not even get started on all the professional pumpers and bashers that pollute the airwaves on your favorite business news channels, talking to their books like a bunch of goblins.