I invest in biotech--the most manipulated sector in the market. Over and over and over again the media is complicit in this manipulation.
Notice today's AP headline listed under ILMN news on Yahoo: "Nasdaq stocks with largest percentage decreases"
It's there on top for all to see, even though ILMN is not among the loss leaders.
Did ILMN do well today? No. But this is a way to make it seem that they did a little "less well." They are often not this subtle. They are often blatant--even dredging up articles with glaring headlines that describe events that are several years old--all in an effort to make a "flat pond a little less flat."
This sort of manipulation must stop. I am making phone calls and writing letters--you should too.