TSXV:ISD.H - Post by User
Comment by
KingWhatsion Dec 20, 2012 2:47pm
111 Views
Post# 20757114
RE: RE: RE: RE: RE: RE: RE: My broker tells me
RE: RE: RE: RE: RE: RE: RE: My broker tells me So sorry carol. I certainly didn't mean to repremand. Why I hate chats and texts. They are so one dimentional and don't display smiles.
I am horribly cynical. My view of any investment banker is that they will do whatever it takes to benefit their best clients all the while bleeding the less fortunate, ignorant adventurers like me.
There was a movie years ago about the trading world (forget the title) where the 'pit boss' was giving a pep talk to his brokers stating "Let's put some lipstick on this pig." I believe this is reality more often than not and have been stung because of my stupidity.
I'm of the opinion that price targets are simply a vehicle to create a range for the mm's to work within and manipulate the shares from the unsuspecting. That was the reason for my previous posts on "going with the trend" I work on that assumption. On the surface, it may seem like a dark world but it works for me. Nothing better to watch the antics and come out on the other side knowing that they didn't fool me.
Again, I apologise for my unintended critical tone.