Quote:
Originally Posted by bossku69
Ive wondered about this. but I think they are paid by bigger brokers to try and create some buzz about the stock, so people who dont know but in, the stock price goes up, the whales sell out and make 10-20% and leave the dummies with nothing... thats my guess
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Of course, that's the whole idea of boiler rooms.
But indeed, if it's not themselves who have a long position in the stock in question, but they are simply paid by others for a service, it would explain a bit of my question. They're still dumb...