Re: [CANSLIM] TOO + DRS + IBD = hmmmm

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] TOO + DRS + IBD = hmmmm
Date: Wed, 22 May 2002 00:21:18 -0400

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Dave, would you please elaborate on this comment:

"fact that they have undisclosed stakes worth millions in many of the
companies they tout"

- ----- Original Message -----
From: "Canslim Dave" <canslimdave@yahoo.com>
To: <canslim@lists.xmission.com>
Sent: Tuesday, May 21, 2002 11:40 PM
Subject: [CANSLIM] TOO + DRS + IBD = hmmmm

I'm new to the group and just wanted to weigh in with
something I've noticed since IBD began featuring
companies showing good chart patterns in Weblink.
Both TOO and DRS both sold off with HUGE volume within
a week or so after being featured in IBD as ideal buy
candidates.  Remind anyone of brokerage houses issuing
"Strong Buys" while their investment arms are dumping
the stocks?

I'm not saying they would or are doing this
intentionally.  In fact, I have great respect for IBD
and WON, but the fact that they have undisclosed
stakes worth millions in many of the companies they
tout  smacks of conflict of interest.   Has anyone
else noticed similar patterns of stocks being dumped
after appearing in Weblink (or whatever that new
feature is called).  Just wondering.

Dave

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