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Quote #269,940

“The Amex has a long, often troubled, sometimes glorious history.” — Gary Weiss

The Amex has a long, often troubled, sometimes glorious history.
Gary Weiss
Gary Weiss Journalist • American
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At their worst, message boards can subject you to mindless braying or outright stock scams. But at their best, they provide meaty insights on just about every stock imaginable.
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With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal.
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Shorts wager on price declines by selling shares that they have borrowed in the hope of buying them back at far lower prices.
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If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.
— Gary Weiss
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