written by reader stock SYNC touted by NIA

By bcheary, June 4, 2012

I missed out when NIA touted BVSN. The stock started out at $7 and hit the low fifties before spiraling down. SYNC looks like it may do a little better. Any thoughts?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 Comments
Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
June 4, 2012 3:53 pm

As with any promoted stock, you’re playing with fire — there are a lot of dangers in following stocks like this, where the “newsletter” buys the stock first, drives the shares up with persistent, urgent, constant recommendations and re-recommendations, and then sells its shares at about the time that they stop covering it, and shortly after that the stock returns to whatever equilibrium it had before. Sometimes the promotion fails to capture the imagination of investors and drive the shares up, sometimes they stop promoting it at an inconvenient time for you and you don’t get a chance to sell before it collapses, or sometimes you get sucked in and drink the kool-ade and start believing the promotional blather about the company being, (in Broadvision’s case), bigger than Facebook.

The NIA gives me an icky feeling, and has since they started with their foundation in stock promotion and their connections to past shady stock promoters — I was thinking of writing something about this but a Motley Fool article came out recently that said similar things to what I would say so I can be lazy and just send you there: http://www.fool.com/investing/general/2012/05/25/broadvision-demonstrates-the-dangers-of-self-serv.aspx

(As long as you promise to come back here when you’re done, of course)

Add a Topic
5971
Add a Topic
5971
Add a Topic
5971
👍 18054