at the risk of oversimplifying ... the Street will pump up a stock sky-high with expectations, this gives the insiders and promoters a chance to bail. Simultaneously the Street will go SHORT near the top ... then on come the Bashers - on come the downgrades and the stock is kicked to the curb. scoffed. mocked. put on a wooden cross. Look at what has happened to AFFY here - but alas, AAPL has come back to earth also, knocked down from $700 to $400 a share in a matter of months.
While the stock is left for dead the process starts all over again. The promoters line their bags with cheap shares and cover ... this stage may last for weeks or even a couple of years. Low and behold, there is a glimmer of life to the stock. she slowly rises. Then before you know it, the upgrades come... they call to buy....and the dumping begins anew.
moral of the story: buy on downgrades and sell on upgrades.
AFFY technology works, despite the constant distortions from Pro Bashers - God Fraud and Grey Corner being the chiefs of the devils.