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Message: Sprott´s coattails (not very impressive)

Re: Sprott´s coattails (not very impressive) - JFN

posted on Aug 31, 2008 03:54PM

Let me tell you what I don't like about your "industry Gurus" as you call them is the fact that they go on shows like BNN and pump the hell out of a stock because they want people like you and me to buy it so they can dump their positions because it is not what they thought it was going to be, including all their due diligence, and then stick the small investors with it so they can take their profits.

The reverse also holds true because I have watched the "gurus" dump on a stock so that, again, maybe you and I and the rest of the small investors won't jump on it and they can pick it up cheap so they can start the process all over again.

Just like you, this is my take on the situation. You can agree or disagree as I can and that is our choice.

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