When you buy a stock you have heard about in the newspaper, or over the radio or TV, how well ahead of the game you do feel you are?
Assuming there is no scam involved and the report is honest, you are automatically the victim of the law of supply and demand.
How many investors will be acting on this advice, thus tilting the odds against you?
The same if the advice were to tell the public to sell. A massive move to sell would affect the supply/demand equation against the seller.
Any investor with common sense avoids media pundits offering market tips that affect supply/demand balance.
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