Why are people so secretive about stock tips?
If the word gets out that whatever stock is gonna go up, why do people keep it secret? If people buy it then the price goes up, so why is it bad for lots of people to know?
If its valid information that isnt public, so everyone knows it, the its insider trade and thats a crime. Its like giving a few people the answers to an exam.
And some people try to spread rumors about a stock they already own so the price will go up, and then they sell. Thats called pumping and dumping and the SEC takes a dim view of it.
WARREN BUFFET STOCK MARKET TIPS – REAL RAW FOOTAGE