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| Every fool who tries to make a fortune in stocks knows that in order to profit from buying and selling stocks, one must be able to buy low and sell high. This assumes that the stock market is a free marketplace (which it is not) and that the people who are running the companies whose stock is being traded are all honest and eithical (which they are not). Despite laws against the manipulation of news relating to stocks or relating to the trading of stocks, manipulation still occurs. Once investors understand that manipulation does occur and can affect the stocks one is trading, then investors have to rely on making a profit the old-fashioned way by subscribing to the Greater Fool Theory. In order to make a profit under the Greater Fool Theory, a purchaser of stock buys the stock at a given price (which is probably already overpriced) and then holds the stock until a greater fool comes along who is dumb enough to buy the stock for an even higher price! Which demonstrates why the value of a stock at any given time is merely in the eyes of the beholders who are watching the stock! |
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