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Pacific Biosciences of California, Inc. Message Board

  • nhandal nhandal Sep 26, 2013 3:27 PM Flag

    Motley Fool and Seeking Alpha working hard

    These two websites have been working hard to bash this stock, since yesterday they issued 5 articles bashing the deal. Why would anyone bash a company if it is a bad one, it will drop on its own, no need for bashing.

    The only reason anyone bashes a company is when they miss the train and are looking for an entry point or they hold a short position.

    If you look at the history of these 2 websites, they are a contrarian indicator 90% of the time.

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    • Motley Fool & Seeking Alpha should be considered as BLOGS rather than investor news. Heck.... Adam Fraudstain is a more accurate 'anal-yst' than 99% of the hacks on either site. The reason I sold (for now) was to lock in my profits (finally) and once all the hoopla is over I'll get back in. These pricks are relentless.

      • 1 Reply to waiting4kerx
      • Whether they are a news source or a blog, the information and view points they present are used by many individual investors.

        Based on the action of the last hour, it seems they both were part of an effort to mislead more people into shorting the stock. Probably some MMs are planning to create a short trap.

        Tomorrow will bring more clarity.

8.96+0.14(+1.59%)Sep 30 4:00 PMEDT