Fox Stock Dump
Submitted by zenpiper on Fri, 01/04/2008 - 09:54
in
PBS had a story on its 11:00 radio news last night about Ron Paul supporters - feeling the snub by Fox - began to influence the selloff of Fox News Stock. As of last night it was down 3%. The story also mentioned that Fox advertisers were to be boycotted.
This is pretty incredible. The Ron Paul supporters are becoming a huge force for social change and this is something to be proud of.
Calling all Traders
Many of you are RP supporters, and we have seen some really good posts from financial guys who are in step with Ron Paul's sound money policies. I hope that the traders will keep up the selling of Fox stock and share their influence with others in the financial community. You are a great influence and can help the RP campaign enormously. Great work! More to do!
New 52 week low 19.40 ~ Awesome!!
But, with all due respect. The investment I recomended (QID) was up 2 and 1/2 points today ( 5 points profit so far) and pays a 6% dividend.
And, Newsmax just recomended it to all their subscribers today.
The market may retrace up some, but overall it is in for a rough couple of years. (QID) is the way to take advantage of it. (for professional traders only please, not for novices who don't use stops.)
Buying a stock has limited risk and unlimited possible profit.
Shorting a stock has a limited profit and unlimited possible loss.
A no brainer. Although Gold is up, percentage wise not very much.
High of the day was
26.20 the low was 19.84. Closed at 19.91. Volume was 2.86M above it's 10 day avg. of 2.2M.
The market closed in the green up about 27.00.
So no excuse about the market being down, but News Corp sure was.
Ron Paul Supporters Claim Hand in News Corp 'Rout'
http://seekingalpha.com/article/59228-ron-paul-supporters-cl...
Current price is 20.04 down .07 from Friday's close.
High of the day so far was 20.26 the low so far was 19.90. Current volume is about 896,811.
Stock Still Tanking
Just wanted to remind you.
Deb
Ron Paul Unplugged
www.ronpaulunplugged.com
It's on!
NewsCorp Stock May Eventually Recover...
...its price, but the distrust and "bad-will" it has caused will live on with many of us for years to come.
I don't know about anyone else, but I try to treat other people with respect and fairness; however, once they have wantonly screwed me over, I hold a grudge forever. Anything I see from now on that has the Fox name on it will automatically have a negative association with what NewsCorp has done to the hundreds of thousands if not millions of Paul supporters.
"I try to treat other people with respect and fairness" I do too
I never wish anyone ill. I only wish that what they do good or bad is returned to them in kind.
Karma generally sorts it all out in the end.
WHAT IS REALLY AFFECTING THE STOCK?
Just give it time people! The stock market as well as the American markets will implode on itself probably within the next 10 - 15 years if not sooner. We must ELECT RON PAUL! Then we can dismantle ourselves and rebuild in a more conducive way with backed money. Either way its going down! Google "DEBT MONETARY SYSTEM"
Ron Paul is OUR "Boston Teal Party"
Ron Paul is OUR "Boston Teal Party"
The market will implode in the next
2-3 years , not 10-15.
By 2013 we will be in full blown recession / depression that will probably dwarf 1929.
Give 'em a call...
The NH GOP pulled out of sponsoring the Fox GOP "forum" after hearing Ron Paul was excluded. Consider contacting the NH Republican State Committee by phone at (603) 225-9341 or online at nhgop.org. I think they deserve a pat on the back by Ron Paul supporters.
Save $$ at the same time
Why not just cancel your Cable TV and direct dish at the same time? #1, you watch more TV than you should and #2 Cable should be $10 per month anyway like it was back in 1980.
Suggestion to Zamboni, Zenpiper and others
In all due respect to your present views regarding investment opportunities may I warn you against becoming too greedy and impatient.
Not long ago I purchased gold at $250 per once and silver at $4.35 per once, as well a number of mining stocks at very low values and my friends thought that I had lost-it. Today those same investments have doubled in value many times over and over again, especially the stocks and yet the up-swing in price has only just begun. Soon Gold will be priced at more than $2,000 or more per once and Silver at more than $150 plus per once. If you purchase stock, remember to always take postion of the stock certificates. Financial institutions in general could close almost overnight and the building turned into a video store, leaving you holding the bag and a piece of paper that states that you have a particular position in one of the nummerous markets that no long exist or you are paid off in baskets of worthless paper money. Following the crash of '29 the Government declared a bank holiday and closed all the banks for three days. When they reopened they returned to their depositors only $0.10 cents on the dollar. This time around that crash will look like a cake-walk.
Historically the ratio of silver to gold was 16 to 1. A short time ago silver stood at a 1/80th the value of gold or 80 to 1 ratio. Today it has closed that ratio to slightly over 50 to 1 the spot price value of gold and soon will once again return to it's historical ratio of 16 to 1. If that were the case today, silver would then be priced at about $54.00 verses the present spot price of $15.40. That means that silver will move up at a faster percentage than gold from now on. Many are not aware that silver has a remarkable ability to allow the flow of electrons faster in electronic devises with zero resistance than any other material on earth. In addition, silver has another interesting ability, it can destory over 650 pathogens, including viruses upon contact. All air and water filters will soon be produced from silver, as well as bandages, which increase healing times by 300%. Silver production world wide has dropped off over the years and a shortage will soon take place. The population of India has always known the magic of silver and value it highly. Sales of silver to India's almost one billion people will repaidly grow as problems in Pakistan increase in the near future. Note that throughout most of history silver was valued much more than gold.
Most importantly such a safe investment allows a person to sleep more soundly and will still provide you with a very large profit.
Thanks for the warning
I would ADVISE THAT PEOPLE BE 100% DEBT FREE, HAVE CASH FOR TAXES AND TO BE ABLE TO LIVE FOR 3 YEARS. IF THEY HAVE MONEY LEFT OVER AFTER THAT THEN BUY SILVER / GOLD / OR WHATEVER.
OWNING YOUR HOME, BEING DEBT FREE, AND CASH FOR LIVING EXPENSES FOR 3 YEARS ARE MOST IMPORTANT.
But, I've been a commodity futures trader for over 14 years. Anyone who survives 5 years is considered a veteran. I'M A SEASONED PROFESSIONAL.
I UNDERSTAND RISK !! I've seen millions come and go in hours in the past. FOR 99% OF THE PEOPLE WHO GET INTO HIGH RISK AREAS IT GOES ! I grew up in the house of a full time trader who is still a VERY SUCCESSFUL full time trader so I really have nearly 40 years experience. Because I understand risk and how to manage risk, I am very comfortable with high risk. NEVER BET WITH MONEY YOU CAN'T AFFORD TO LOSE!! IF I LOST 100% OF MY MONEY IN THE MARKET IT WOULD NOT AFFECT ME AT ALL. THAT IS NOT GREED, It is wisdom.
I said that Shorting NWS was a bad idea and that the put options have no liquidity and are a bad idea. IN FACT IT IS A TERRIBLE IDEA !!!
If you want to hurt Fox, contact their advertisers.
My PROFESSIONAL Advice is that unless you are a seasoned PROFESSIONAL then stay away from the markets. IF you must be in the market then do not have any more in the market than you can afford to lose. Ask yourself. If I lost 100% of this money how would I feel. If you would lose sleep over it. Don't do it.
When the average man starts talking about stocks you know you are near a major top. We are seeing all these advertisements on tv for trading programs and everyone is now trading online. The S*&t is about to hit the fan and millions will lose their life savings, homes, and everything.
Our portfoilio is long QID at 36.50 last price 42. Stop at break even. It pays a 6% dividend. We are more than 60% in cash and getting ready to sell some commodities in the next few months.
ANYWAY YOU ARE RIGHT! THE PEOPLE ON THIS GROUP SHOULD NOT GET INVOLVED. IN FACT GET OUT OF THE MARKET!!
As far as GOLD / SILVER...Your arguments are the same arguments that were going on in 73-74. But, overall at this time I do agree that Metals will go much higher before the blowoff top.
When the bubble really burst it will all fall to pieces, even Gold and Silver.
I would ADVISE THAT PEOPLE BE 100% DEBT FREE, HAVE CASH FOR TAXES AND TO BE ABLE TO LIVE FOR 3 YEARS. IF THEY HAVE MONEY LEFT OVER AFTER THAT THEN BUY SILVER / GOLD / OR WHATEVER.
OWNING YOUR HOME, BEING DEBT FREE, AND CASH FOR LIVING EXPENSES FOR 3 YEARS ARE MOST IMPORTANT.
One question for Zamboni
This is off topic, but I have one question. How do you justify your profits from your trading activities? Personally, I don't believe in something for nothing. In other words, if I was to gain some money, I believe that I have to provide equal value. I just don't think trading provides much value enough to make a living unless you are providing huge liquidity (let's say over 10 times more than your profit) to the market that you are in.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
---
Here's a no risk NWS short play:
I wouldn't mess with put options. Too long 'til the front month expiration.
NWS was definitely down much more than the market Thursday morning, which was the first time RP supporters could have made any difference.
But here's a no risk play: You could place a short order @ market, regular trading hours only (will not execute until 9:30 AM EST), then just be sure to cancel a few seconds before the open. If you're not trading with a direct access broker, don't cut it too close.
It would be interesting to see just how much the short interest changes at the open.
I suspect this NWS short play wouldn't make much difference, but there's one way to find out.
That would give some idea of how extensive the influence of RP supporters is. Articles in Barron's certainly do move stock prices on Monday morning. What is their circulation?
In my opinion, a short play is very risky and something
I would not do.
ARE YOU CRAZY!!
IF FOX WANTED TO HURT RP SUPPORTERS THEY COULD DO A RUN ON THE SHORTS AND BANKRUPT PEOPLE.
THIS IS VERY HIGH RISK. IN FACT IT IS INSANE.
I WOULN'T RECOMNEND THIS TO MY WORST ENEMY !!
You didn't bother reading past the headline did you?
What is it with you "ALL CAP" people?
You didn't bother reading past the headline did you?
You missed the part about, "just be sure to cancel a few seconds before the open"
As mentioned, it was to see what the change in short interest would be, as the orders were all canceled just before the open.
It is in fact zero risk except for those who for some reason couldn't cancel in time (e.g.: net outage).
As I said, I doubt that there are enough RP supportive traders willing to do this to substantially raise the short interest.
I have bad eyesite
I look at little numbers changing on computers screens all day and have for most of my life.
I LOVE ALL CAPS !! I WISH EVERYBODY WROTE IN ALL CAPS. IT IS SO MUCH EASIER TO READ.
OLD PEOPLE LOVE ALL CAPS AND WE DON'T CARE IF PEOPLE THINK WE ARE YELLING WE ARE NOT. WE ARE JUST VISUALLY "DEAF"..
You can increase the text size
in most browsers. I'm not familiar with Windows anymore (Having shut out Microsloth years ago for their horrendous business practices), but it is likely the same as linux: hold ctrl and hit +
Any Ron Paul Supporting Options Traders?
I have some money I would like to invest in put options. I'm currently using Scottrade but didn't apply for the options trading capability. If there is a Ron Paul Supporting Options Trader out there contact me at cicopti at gmail.com . Also, I think you should put a post up giving your contact information. I have quite a few people that would be interested in trading put options on the NWS.
Doing the math, you could by 100 shares of stock for $2000 or purchase the same options for about $5 (is this right...I'm looking on Scottrade)...Which means if you wanted to spend $2000 on the options you would control about 40,000 shares of the underlying stock. If it drops 5% (or $1) you would stand to make at least $40,000. Max out on your donation to Ron Paul with that...give the IRS it's 15% and spend the rest on Gold or Gold stocks or Gold ETF's...or make a run for Congress.
I NEED AN OPTIONS TRADER SOON!! HELP! Email me at cicopti at gmail.com
www.ronpaulyellowpages.com
Yours in Health and Freedom
No Liquidity! Very Bad Idea.
NWS options have no no liquidity. They can go days without trading at all.
I am a professional trader and grew up in the house of a professional trader and a broker for 14 years.
DO NOT EVEN CONSIDER THIS.. PLEASE!!! YOU WILL HAVE YOUR HEAD HANDED TO YOU AND LOSE EVERY DIME YOU PUT ON THE TABLE.
NWS HAS VERY STRONG SUPPORT ATN 19.68.
Your much better off buying something like the QID (short the nasdaq with a beta of 2) and profiting from the falling market. We bought at 36.50 in December and it is at 42.40 today. But, it is against resistance so it isn't probably time to jump on board if your not long already, It really depends on your financial situation and portfolio. Buying a dip to 39 would be good if you can.
My target is 80. If we stay on the same political track and the market collapses like I believe it will 100 is not out of the question. A 20% correction in the Dow is a drop of 3,500 points!
QID also pays a 6% dividend.
I've been cheering the market decline and counting the money.
"A wise man see's danger and profits from it, a fool ignores it and it is his ruin." Proverbs.
However, If your not a professional, BUY TREASURY BONDS!
The FED MUST PRINT MONEY AND MUST LOWER INTEREST RATES. 30 YEAR TREASURIES WILL RALLY AS HIGH AS 140 OR HIGHER. YOU WILL GET YOUR INTEREST IN THE MEANTIME,
NO MARKET RISK, AND WHEN THEY HIT THE OBJECTIVE MAKE A BIG CAPITAL GAIN TO BOOT.
THIS IS THE SAFEST THING TO DO. MUCH BETTER THAN BUYING GOLD OR EVEN GOLD STOCKS AND POTENTIALLY MUCH MORE PROFITABLE.
www.cyclesurfer.com
I have done well listening to Jim Puplava
This is turning into a lesson on the stock market, when we ought to be talking about how to get Ron Paul nominated.
I've done very well by listening to Jim Puplava et al. Your mileage may vary.
http://www.financialsense.com/fsn/main.html
This is NOT a good idea.
Hey guys, sorry my first post has to be so negative. I'm a long time supporter but this is my first time posting.
The shorting/put option is total nonsense. Buying puts on a stock in itself has NO effect on its stock price. If you can somehow force the stock price to move lower you can make out on it but it's nearly impossible to drive a company's stock lower without already owning shares already. Yes you can short Fox but at some point you will have to cover which means someone will have to take some losses.
With enough people it's conceivable that we can short Fox down significantly but it's simply not feasible.
The BEST solution in my opinion is not to boycott fox, but to contact their advertisers and let them know how many viewers they will be missing as a result of Fox's exclusion of Ron Paul. Just because we can doesn't mean we should be assholes and bully people around.
If someone can find a list of fox's advertisers and we signed something that said:
1. We would like to see Ron Paul included in the debates.
2. Unfortunately Fox, the network you are advertising on, has decided to exclude him.
3. Please understand that Fox is deliberately undermining the advertising audience that you have paid for.
4. Help get Ron Paul into the debates and not only will we watch your commercials, we will in turn support your products.
Get 10000 people to sign the pledge above and deliver it to the advertisers. I guarantee Ron Paul will get a spot in that forum.
We have to fight, but we can do this without being jerks.
How about contact bookstores who sell O'Reily books
Tell them kids are American too is vulgar and damaging to any person who reads it .Tell them you want it removed and no further items from O'Reily shall be stocked because he is a war profiteer and anti-American
Give me Liberty or Give me death
Give me Liberty or Give me death
Not quite a bullseye
.
It is Fox Corporate we want to kick in the shins, not its on-air talent. Slightly different.
A good case could be made for marginalizing O'Reilly and Sean Hannity, but they are hired hands, paid employees.
Suggested steps that we can take together
I agree with most of what I have read.
Just like to add to it:
Sending numerous e-mails and telephone lines makes any corporate headquarters very nervous. It really doesn't take that much to make a big difference. Directing calls to any number of Fox advertisers Sales and Marketing Departments along with their PR and Investor Relations Departments can quickly send shock waves through a company.
In addition, I would like to agree with the immediate sale of News Corp stock and their advertisers, as well. Then, thing about possibly investing in any number of Gold and Silver junior mining stocks. Possibly such names as Minefinders, Kinross or Polymet and/or begin purchasing American solid Silver Eagle Coins from the Government mint. Due your homework first or get advise. Remember, the number one plank of Doctor Pauls platform is to get back to a sound money policy, as noted in the Constitution. You could wake up one day soon and find out that the dollar is worthless, then what do you do?? The Fed is in a Box, It doesn't matter what it does this year or in the near future, the value of Gold and Silver will continue to move higher and provide you with a good ROI and Security for you and your family.
As an investor
We have an opportunity to profit - transfer wealth from Fox Noise into our own grassroots endeavors.
Grassroots: This Is Our Campaign - Own It.
Grassroots: This Is Our Campaign - Own It.
People, this is ridiculous
1) News Corp is too big for any entity smaller than a big hedge fund to move the price. The general stock market has been tanking big time, not just Fox. Burger King was down 7% today. So far as I know, Ron Paul is still welcome there.
2) What's the point? Low stock market values do not cause a company's earnings to go down. It works the other way round.
3) There may be legal implications. IANAL
Ummm......
1) Stocks are like the dollar. 90% perception, 10% substance. FOX's price is based on the fact that they are perceived as strong. I agree with you that we may not be able to influence their price very much via our DIRECT actions, however we can cause fluctuations via INDIRECT actions. If they fear our influence, then they will sell, and the price will drop. Which makes it appear as if our stock dumping is hurting them, which in turn will cause others to sell.... etc etc
2) A. It's a story that makes us look like a force to be reckoned with.
B. CEO's and higher ups have HUGE stock options. They WILL CARE
if the stock tanks.
3) Legal implications?! I don't think so. A bunch of people saying F-THIS I'm not supporting a corporation I hate... Who the hell are they going to sue, and for what? Me? I'm a 21 year old college student working my way through college. Its my GD right to dump FOX stock if I feel like it. This isn't inside trading, this isn't stock manipulation, this is a good old fashioned boycott.
Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost.
--John Quincy Adams
It is ridiculous that anyone would
buy what you are proposing.
Calling their advertisers DOES have an effect.
And people selling a stock for MORAL reasons also has an effect on the stock price.
Burger King is owned by Pepsi Co, the same people who own Taco Bell. One of Fox's Advertisers. So, you didn't prove anything.
PEOPLE CHECK YOUR MUTUAL FUNDS AND SEE IF THEY OWN NWS. TELL THEM TO DUMP IT OR YOU WILL DUMP THEM..
Come on people
News Corp has a market cap of $67 billion with a B. No amount of selling that individuals do is going to move its price. How many billion dollars worth of shares do you propose to sell?
Furthermore, the price that shares sell for on the market has no effect on the profitability of a company unless maybe management intends to sell or fund the company soon. Even then it might not matter. When BHP recently offered to buy Rio Tinto, they offered much more than the market price for Rio Tinto stock. They knew it was priced too low.
If you want to hurt News Corp, the way to do it is to try to affect their revenue. Do not buy advertising from them, and contact their current customers asking them to drop their ads. Boycott their advertisers and let Fox and the advertisers know you are doing it.
Is that the best use of our time and energy? I am going canvasing door to door this morning.
FWIW, Burger King is owned by Burger King Corporation, (BKC). Taco Bell is owned by Yum Brands, (YUM). I happen to own shares in both. They are competitors. Pepsi is owned by PepsiCo (PEP). Three completely different companies.
Now that's ridiculous
"3) There may be legal implications. IANAL"
No one is forcing anyone to sell or boycott. In my opinion, if someone wants to sell or boycott because they no longer want to support a company that runs counter to their beliefs, they should be free to do so.
And by the way it's nice to know that you are "IANAL" aka "I am not a lawyer."
You don't understand
how this works, let me try to help.
1) NOT too big, the companies that advertise with News Corp are not going to take a hit for them. When the income from there products goes down, they look for why and fix it.... (pull out of NWS) It is very simple and american BTW.
2) Low stock numbers Dont underestimate stock numbers for a large company.
3) What legal, when did it become illegal to boycott, and it may have but I am not aware of that bill passing ?????
And just what was your reason yesterday
when the market was up.
Low stock prices do effect the corporation's borrowing power.
Doesn't Burger King advertise on Fox?
No sponsors and the falling number of viewers will definitely effect both the bottom line and their stock price.
In case you are unfamiliar with your Civil Rights history and the Montgomery, Alabama Bus Boycott. It took that boycott months to become really effective.
This boycott and stock dump is only, what...a few days old. Give it time, before jumping to any conclusions.
Closed at 20.09, .03 above the low of the day of 20.06
Vol. was 3.1M.
What will Monday bring for NWS?
Silly!
This is just silly. I repeat: THE WHOLE MARKET IS DOWN bigtime. It's all over the news. We don't have anything to do with this.
LOL, Ron Paul supporters may or may not be having an effect
on News Corp. But for whatever the reason this stock has dropped like a rock...a company's falling stock prices have a very big effect on that company and their viability.
And may I add, in my opinion, what is happening to News Corp. couldn't happen to a more deserving, greedy and disingenuous American corporation.
Got $100?
http://finance.yahoo.com/q?s=NWSND.X
You can purchase 100 NWS $20 Feb put options for $70 plus a small commission.
If 1,000 Ron Paul supporters do that it would have a very significant impact.
The trick is to do it all at the same time so we don't drive up the price of the options and compete against ourselves.
Once we purchase 10,000 put options and the word spreads, people will dump their stock, others will short the stock and still others will purchase put options.
But we have to be secretive about it initially or others will act on the rumor and drive up the cost of the options. That would reduce our profits.
But the beauty of it is this...if the stock doesn't react and move lower (unlikely) our risk would be limited to the $70 purchase price of the options and any commission ($5-$10).
The more likely scenario is that the stock would continue to fall and our options would go up in value.
If you want to learn more go to:
http://www.stockoptionking.com/freetrial.htm
or call 1-800-369-6510
Grassroots: This Is Our Campaign - Own It.
Grassroots: This Is Our Campaign - Own It.
Here is a pledge for this idea
Until we get at least 1000 of us and then we can place our orders at a designated time. Here is a pledge:
http://www.pledgebank.com/FoxRIP
We can give it a push down
Call your broker and start "shopping" for put options. When the price of the options gets cheaper buy 10, 20, or 100 and if enough people do that we will alert NWS stockholders that something is up.
Now the good part is, as the price drops we'll all profit on our options. If enough people do this, not only will we flush NWS down the toilet, we can make a very substantial profit. Our only risk is if the stock takes off, which is unlikely. In that event the only loss is the premium paid for the options - but its strictly limited to that and commissions.
Grassroots: This Is Our Campaign - Own It.
Grassroots: This Is Our Campaign - Own It.
Current real time quote is 20.15, low of the day is 20.14.
Volume is 1.92M. 10 day avg is 2.2M. There is still over two hours to go. At this rate the volume will definitely go over the 2.2M.
Still dropping
Newscorp (NWS) is still dropping. Down 2% as of 12:30 CST today!
RonPaul2008.com ....................
Ron Paul Yellow Pages
This is WHY we need to conglomerate ourselves within the Ron Paul Yellow Pages.
It needs a little tweaking up...but we should give our business and our money to fellow Ron Paul supporters only.
http://ronpaulyellowpages.com/
NWS Technical Analysis
NWS is in a downtrend line from 25 and making near 52 week lows now.
This is bearish. It will be on the list of new 52 week lows in a beggining bear market.
According to Technical Analysis, if the expected correction comes NWS could make a 50% correctio from the low of 12 bucks to 25 or down to 18. A 62% which is very realistic could put it even lower.
Publishing Far and wide the loss of credibility will help. If your on a finance group post it. If not consider joining one and posting it.
Yes BUT % wise Fox is down more!!
As a broker for 15 years and very active in the online community I'll keep posting the stock dump.
As NWS shows that it has no credibility and it's reputation fails it is just good business to sell the stock.
Check you mutual fund and if they own nws let them know to dump it or you will dump them..
Guys... the whole market is
Guys... the whole market is down.
http://moneycentral.msn.com/investor/charts/chartdl.aspx?Sym...
My reasons for getting out of the stock market...completely!
May want to consider of getting out of the market before it crashes ie after 9/11
I got out of the stock market in 1-1-07 and invest in business interests myself - this way I HAVE THE CONTROL OF MY MONEY. Every time some one looses money, some one else makes money. So much night time trading so it's not a level playing field, folks.
Too (actually most) many people are depending on this for retirement and it won't be there.
$1000 placed in Mutual Fund for 4 years:
% of return Total
Year 1: + 100 $2,000
Year 2: - 50 $1,000
Year 3: + 100 $2,000
Year 4: - 50 $1,000
Average Return is + 25%
Actual yield: 0%
Do this with expenses of 1% management fee and 30% annual fee - Here's your year 4 TOTAL: $697. BUT it is promoted as having a +25% average return, but actual yield is -8.65%
We've not even talked about inflation and loss of opportunity and the use of this money! The overall loss is HUGE when you factor these in!
Food for thought!
Taken from "Killing Sacred Cows" by Garrett Gunderson
"Book destroys destructive myths about money and prosperity that are severely limiting human power, creativity, and production. Exposes myths, fallacies, and misguided traditions about the world of personal finance and presents a revolutionary perspective on prosperity that is destined to shake up industry and create unprecedented opportunity and wealth for mission-driven individuals."
I agree the stock market is not a level playing field.
It's a stacked deck. You may win a time or two, but if you stay in the game too long, you will end up not only losing your winnings, but all your savings, as well.
The elites will always win...they control the market.
I believe Dr. Paul said once that he doesn't own any stock. And we all know how smart Ron Paul is when it comes to money.