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Moody's Corporation Message Board

  • rexobXIP rexobXIP Sep 24, 2009 10:13 AM Flag

    This is the reason I believe the Mkt is rigged

    I am not in Moody's at this time, but I wouldn't be a buyer here... I am waiting for low teens, then add more if it hits single digits. Still, it amazes me to see this thing holding up in light of the bad news and potential liability.

    Either way, Moody's business won't be the same going forward. They will be much more regulated and the "collaboration" with the issuers who have paid them in the past will be much more tightly controlled.

    My belief is that Moody's is being propped up right now so the big boys can get out. Likely the institutional investor is being drawn in to fill the void. After the big players are out, this will drop like a rock. That's been my experience... and I have been burned by this in the past.

    I am not a big believer in conspiracy theories, but I do feel like the big players control the stock market.

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