So how does one manipulate securities while building a meaningless track record?
Just watch what Andrew Left does as you examine the annotated images below.
First, he pays for publicity. If you don't realize that the "article" below is in reality a paid press release disguised as news, you should first note that the "article" is not in-depth (Left is too much of a moron to come up with anything of both substance and detail, so he is unable to even pretend he has even a remote level of insight and intellect), was written by some guy working in a Reuters office in India.
Next, the reporter posts a link to Left's boiler room website (this is the object of the "article"...to entice the reader to check out his blog turned website). The signs of paid PR here are so obvious.
Being featured on a well-known news publication like Reuters can go a long way with typical naive investors who fail to realize that Reuters has not been reliable for many years.
As well, the typical investor is not likely to realize that Left is nothing more than a con man and idiot seeking to manipulate stocks while attempting to build a track record from making rinky dink calls.
I've observed Left make similar retacement calls in the past as well. It's clear to me that he's trying desperately to build credibility using deceit. But only a fool would take anything Left says seriously.
Next, he makes such a pathetic call (it's merely a normal retracement that's quite possible from the technicals alone). And even though this call is quite weak, he can't even commit to it, claiming it "could" head to $160.
Well, FB stands a better than 50% chance to reach $160 in 2019. That's coming from me, Mike Stathis. But that's based on volatility and retracement patterns alone.
The fact that Left is not willing to claim that it's "very" or "highly" likely to reach $160 indicates that he has no clue what he's talking about and is merely looking at basic technicals. His lack of conviction this call will enable him an out if it doesn't reach $160. After all, he can claim, "well I said it could reach $160. I didn't say I was confident that it would."
But if FB does reach $160 you can bet your ass that the criminal Jewish media is going to bring him onto its many fake news shows and introduce him as the man who predicted a surge in FB. The media will also add this call to his terrible and inaccurately reported track record if FB reaches $160. Surely you all know how this garbage plays out by now.
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