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Old December 31, 2000, 08:50 AM
Boyd Stone
 
Posts: n/a
Default Good point, JDB

Hi,

You wrote:
> I'm sure you know more about stocks than I
> do...

Thank you for the compliment, but all I know is how to read barcharts.

> What would happen if you had a large group
> of "friends" ...

Maybe Halbert's system is a combination of your idea and some method that Halbert has that indicates stocks that might be likely to spike.

Best,

-Boyd

> Boyd,

> I'm sure you know more about stocks than I
> do...so let me ask you a question:

> What would happen if you had a large group
> of "friends" that you encouraged
> to buy a certain stock based on a
> "special" tip you received?

> They all buy within a 24-48 hour time frame.

> Would that cause the stock price to go up?

> If it does go up substantially, could you
> not then tell your "friends" to
> sell immediately and take their profits?

> Does this make any sense?

> How many "friends" would it take
> to influence a stock price in this manner?

> Would someone like Halbert have that many
> "friends" with money to put in the
> stock market?

> Boyd, could you do something like that?

> Would it be legal?

> About all I know about stocks is buy low,
> sell high. And make sure you can afford to
> lose it all before you buy anything...

> JDB