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That makes perfect sense if the person hyping the stock is relatively unknown and has minimal reach. Things get murky if an individual has enough of a following
by finolex1 6y ago
That makes perfect sense if the person hyping the stock is relatively unknown and has minimal reach. Things get murky if an individual has enough of a following to move markets. If someone with enough clout, say Ackman or Dalio start pitching a particular stock, it's difficult to know whether they actually believe it will rise or if they hope to profit off others listening to them.