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Old 11-10-2007, 12:27 PM
Henry17 Henry17 is offline
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Join Date: Aug 2007
Posts: 1,285
Default Re: Stock Picker Program

That stocks were up 8% is pretty meaningless unless we knew which stocks were picked. Is there any historical data?

One possible explanation is that the program is actually successful. A second possible explanation is that the program picks stocks with low volumes and that the price increase is caused by everyone who uses the program buying the stock.

If I had a program that could beat the market with no human intervention I wouldn't sell it to others for $279. The only motivation I'd have to sell such a program was if I was using it as a way to pump and dump.

Also that wasn't an article on Yahoo that was a press release. Very different.
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