Overall the diversity of information is wide - I like the pages that list how different influential investors or bloggers rate a certain stock: The are literally all over the place and it seems in this economic situation especially changeable.
I appreciated: The Wall Street Journal: when they chose to report on a firm, they would give enough information and back ground to actually assess the situation, simularly, Barrons would give a more in depth coverage.
CNBC was very up to date and on the pulse of the action, with less depth, more short video blips and other concentrated facts, often organized around a theme.
Message boards were even more all over the place - You can get solid and quicker or behind the scenes info - but the ratio of reading and assessing it's real value is out of whack and time consuming -I did not find one, that I hooked into and trusted - the scene is vast!
Then you have these for profit sites that lure you in with promises of great secrets of the super wealthy (which, I'm sure they are willing to part with) - there is a whole industry that preys on the individual investor.
Even my friends and aqantances tips were interesting - they illuminated their thinking:
some wanted me to do research for them, some focused on new companies and each of them had partial information (like: you go try it,and tell me how it went)
News Reports
Since Companies that have stock need to give out regular PR, many of their relaeses are boring and hope to shape the discussion and lift their status in the public eye. Other PR is so short and without much background info, that is is misleading also. The whole machinery is built on hype, so it truly is hard to decipher the actual situation - the reports let you now more about how the other stock holders and buyers will react.
Saturday, April 19, 2008
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