Past bear markets bequeathed us a host of investment maxims .
Granville’s flash took the Dow Jones industrial average down by some 4% on historic trading volume over the next two days, an extraordinary decline for the era. The Dow slumped for five weeks more, as Brown and Macke report. and reported by Brown and Macke later showed, most of Granville’s “specific buy and/or short-sell candidates had done much worse than the market.”Eventually Granville ran out his string. He kept counseling subscribers to sell the market short, even after stocks began a historic bull run in 1982. That cost his followers millions. “There are no geniuses on Wall Street,” a fellow pundit told The Times. “There are just people who are excellent for a while.
As I reported in my book about the Gilded Age, “Iron Empires,” Flower drove up shares of the Brooklyn Rapid Transit Co., a trolley line, by placing its target price at $75 when it was trading at $20, at $125 when it reached $50, and eventually at $135.
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hilarious -- Reddit gang has moved on and is now blowing up the banker's DECADES LONG manipulation of the silver stocks ...and these are stocks that are simplly going to go to actual fair value -- ......laughing, not broke companies or worthless!!!
ah, know you're not allowed to write about bankers & what they've done with silver stocks, but.....these gamestop kids have found them -- and is it a bad thing to blow up a big banker manipulation? Or expose blatant criminality?
Sorry i was too busy paying attention to whether the terrorists that incited the attack on the heart of US democracy were held to account.
ah, you're behind now, dude -- the gamestop kids have moved on now to silver stocks and are blowing up the decades long manipulation by the big banks!!! AG, EXK, GPL....not broke companies, nope....
It will be if you can’t purchase shares anywhere