BUYSell12 - you are very naive & green if you think that price moving news & reports are an equal playing field for the uninformed penny pinching retail crowd as it is for the big Wall Street players with huge budgets to make sure they stay on top. It is not so much a matter of opinion but a simple reality. Not to mention the bogus new stories they can have generated to manipulate the uniformed crowd - even a mid sized hedge fund manager can do that.
Very true. managers have been known to even buy stakes in disruptive startups so they will be the first to be able to short the companies whose biz models get disrupted. try to get that edge as a retailer. some of these posters are so delusional about reality its like they are brainwashed. surf
I have no idea who he is, but yes, if you can figure stuff to do in micro-cap stocks/debt (not TA day-trading stuff, but real stuff - LS, maybe something CSA-like etc), there is probably enough to support a healthy lifestyle.
It's not as simple as it seems? Lol that was exactly our point which you refuted. You were the one who pretended that anyone with an Internet connection and access to yahoo news is day trading on an even keel with professionals. Let's agree to disagree.
... Because Izzy says so? This website is so littered with wannabes... And it's incredibly refreshing to interact with informed people. @sle, and @comagnum are some of those few. You should listen to them more often. [/USER]
You are on ignore and that takes usually quite a level of well...... You get the point. Good riddance.
Pretty damn sure the big players profit from their upgrade/downgrade announcements too...what a scam!
Actually, that Chinese Wall between various parts of IBs, such as research and trading, is pretty real. It's surprising, considering how much other shit is going on, but I guess IBs have been burned on the whole information leakage a few times. For a smaller investor who wants to play the mosaic-like game, much of MNPI can be synthesized from talking to the management, reading the disclosures, visiting the production site etc. Also, shady things like dating the secretaries that bigger funds would not touch with a six foot poll.