RE:Cibc@stevie. About XYz or any of them. They go with the wind and based on what we see played out in all the stock market crashes. They are either stupid or complicit. You can't be smart and honest at the same time and continually miss the crashes. It's impossible. The people with inside intel, are the ones who always make money, the rest of us are pions
I don't think the ones at the top are stupid. Good and bad companies are used as a means of making money. We get screwed in the process. Some of us by luck or gut instincts will make money but truth is we are not in control of the value. For us, it's an educated guess. I don't like admitting I have no idea if company will succeed or not. I can't say because I do not know all the details and the ones that should, don't know either OR they do and they do the pump and dump game and exit when thier tummies are full and they have moved onto the next soft target.
It used to be you bet on making money by comapany doing well. Today, you have shorts, pumpers and dumpers and I am guessing all done by the large outfits. Investment firm tells you to buy or hold but they sell and then buy the next day! It's worth 40, 30,20,7 no wait it's worth 10,20, 30.
so you get either idiots or crooks telling you it's worth 7 or 40 all in under 3 years. Complete horse feathers. A tea leaf reader could do just as good if not better
is the company doing well?
are they in growth market?
is there better yields to be had elsewhere?
you decide, but listening to the twits who bring you the next "surprise" stock crash but fail to mention it to you until even a rock knows it's happening isn't anyone I put any confidence into.
I am sure some of them are nice people with car loans, kids and parents who love them, but smart and honest. Don't think so