Brokers and Analysts should be illegal

[shotei]

Brokers are one of the leading causes of stock market downturns. They don't really care if their client makes money or not as long as they get their commissions. I just watched a tiny diamond mine get bid down .0004 to buy 7000 shares. I guarantee the broker is telling his client he just saved him some money ($2.80) he won't tell him how much, all the while charging a $40 commission. I was watching a company a few years ago, I won't say the name of the company but their initials are IBM. In a Morningstar report 5 analysts where reviewing them, 4 said hold and one said sell. The next day the stock went down $3. If an analyst wakes up on the wrong side of the bed or has a fight with his wife he can cost a company and it's share holders a lot of money. Dump your broker and stop making him rich. It's much more rewarding if I do the research and make my own money. And if I lose money I can't blame anyone but myself. Oh and not being sexist please insert he/she in all the appropriate places. Thank you and good luck to us all.

[StockBlocker]

I agree with you. I learned a few years ago not to trust any brokers. I trusted one of my neighbors and still regret it!

Also, watch out for the institutions! They are robbing us and nobody is doing anything about it!

[jokerfrogger]

I agree, I turned down by broker many times as they are there to make a quick buck.