" and if you are short you are bad"
try and tell the truth, that might help, shorts need to lie as much as possible to get their money back when they so far under water(hi spats, how's that correction going in SBUX) BWAHAHAHAHAHAHAHAHA
CNBC has gone WAY beyond cheerleaders.
I used to think they were pretty smart people and they have to see the rel numbers and know the truty.....But they are paid to paint a rosy picture of everything regardless of the truth of the data.
Everyone pushes the financials. They trash the Greek system but have seen to forotten that this forcloure mess was actually CAUSED by the financials. Now NO ONE can get a mortgage even though they promised they would lend if they got bailed out. It is like the financials run the government. They run CNBC for sure. $4.00 gas is KILLING people....but they say we are fine with it......forclosures are EVERYWHERE....but they say buy the home builders. PULTE is in trouble....but they ignore it....CNBC is just a spin doctor for the Financial firms that rip us all off.
Excellent point.....Short sellers did not take down a single one of those scams. And there was money made just not anyone who was a retail trader. There was a group of guys that made MILLIONS on the K Mart scam.....Unfortunately Becasue I live near the olk K Mart world headquarters I know some people that lost EVERYTHING so that group of guys could make millions...the list everything....Stock, retirement....everything.
You watch, the CNBC cheerleaders new set right on the floor of the NYSE, will cost investors zillions of dollars!1
They ignore the huge shadow inventory of foreclosed homes and the affect $5 gasoline will have on the economy,they just cheer lead and pump stocks, they are evil.
Remember throughout stock history only the "pumpers" have cost investors their life savings, with stock scams like Enron, Worldcom,Kmart,Generl Motors,Groupon, Pandora,any other stock with a dot.com attached to it, etc etc etc.
Nobody ever got hurt by short sellers, it takes both to make a market.
NO.....It is not made the same every time.....They want you to believe that....Nothing is the same....IT IS SUPPOSED TO BE.....but it is not. Quality is declining and now they are expanding and spreading out....and look what happend the last time they did this. Retail investors lost and the brokerage houses got rich by recommending the heck out of SBUS just befor the fall.
Longs are the sheep here..... Sorry $7.99 16 oz smoothies are just not gonna sell.