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Never believe a word on here from anyone who has "spoken" to...

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  1. 1,990 Posts.
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    Never believe a word on here from anyone who has "spoken" to management. Just believe the official announcements or words that you can see come directly out of managements mouth e.g. via a webinar.

    I was following a speccy oil stock about 10 years ago and someone started a thread on here saying they had spoken to management and that they had mentioned spectacular drill results were due to be announced the following day. I watched as everyone piled in and pumped it up only to have no news released the next day. When questioned the OP wrote back saying they didn't know what had happened but they had sold their stock... It fell right back down to where it was before.
 
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