Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“The market would find the proper equilibrium. That’s what we should all want to see happen. Let the market work.”
Markets do work, you just don’t like the results. The price rises and falls so that the buyers and sellers find a price they agree on.
There are some sellers who would like the price to be higher and some buyers who would like the price to be lower. But if you don’t want to buy or sell at the market price you don’t have to.
Death threats and demands for unjustified board bannings and acts of defamation and acts of extortion obviously affect what people talk about on all the boards and blogs. And what people talk about obviously affects the stock price. Your abusiveness makes a difference, Evidence.
I would like to see the same laws that apply in every field other than the investment advice field applied in the investment advice field as well. It’s not just about turning a quick buck.
My sincere take.
Rob


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