If we stop and think for a few minutes, it is very rare in life when a rumor is good news.
There is no limit to the amount of harm, which can come from stock rumors and other rumors.
More than likely 95% of the time, a rumor is bad news, especially when there is money involved such as stock rumors.
Stock rumors can affect the rise of fall of stocks and lead to the loss of great some of money.
Money and rumors usually equate with the word, lie, and stock rumors are an example.
It matters not, if we see on a website or mailing, a chart with numbers arranged on paper.
The consistent growth pattern of prices and increased stock earnings is not true, based simply on a piece of paper.
Yet some people are satisfied and even tell others about the stock, which appears good but is terribly misleading.
People are capable of starting a stock rumor, which can create havoc and cause stocks to fall through the floor.
Any rumor, stock rumor or any other rumor can become a rumor only when someone repeats an untrue statement.
If, I read a stock report in the newspaper, and misinterpret the information then begin telling others what I think I read.
I am starting a stock rumor and may or may not realize I am doing this.
We can, usually count on the first person we tell something to repeat it.
This is especially true today when the stock market is falling so frequently and so steadily.
Stock rumors are often difficult to prove until it is too late.
A stock rumor hit a town in China in 2007, which led people to panic and sell their stock losing large sums of money because they believed without question.
The stock rumor led many to sell but led a wise elderly woman to the stock house to investigate.
Holding her stock as recommended she sat patiently knitting throughout the day as the stock performed its dance.
She told others not to sell their stock because the stock rumor was false.
Some did not listen but those who did, rejoiced at the close of the day.
She sat knitting a shawl, knowing patience would reward her.
Late afternoon arrived and the stock price began to rebound.
Confidently she waited trusting in the advice she sought in the morning.
She returned home at the close of the day with a larger account than she owned the day before.
Stock rumors happen because people choose to believe information they hear and read, without investigating the absence or presence of truth.
Because people spread rumors they can create havoc in the lives of many.
Making a financial decision based on a simple chart on a page and some hyped up verbiage is an error in judgment.
When someone chooses to buy into a lie it is easy to drag others along on the journey.
Everyone who listens and believes without questioning the validity falls into the stock rumor trap.
Stock rumors as other rumors are often so ridiculous the lack of truth actually blinds people to the lie.
Someone must step up and stop the stock rumor by learning the truth.