Well, I know some funds (well, one) that deliberately purchase companies that sound similar on news events, even if the news has nothing to do with that particu

Well, I know some funds (well, one) that deliberately purchase companies that sound similar on news events, even if the news has nothing to do with that particular company. The idea being that someone is going to buy it because they are stupid, but I am smart, so I'm going to buy it first. I've always secretly hoped that no one is confused, and that everyone thinks there's a greater fool out there.