Should Our FInancial Media Continue To Spin News To Drive A Stock Up?

Newspaper publishes 'speculation' and the stock flies!

If it was a coffee shop market talk, perhaps it's understandable. However, when the weekly Financial papers keep churning out 'according to sources' stories and the stock flies the next day, don't you ever wonder?

Yeah... exactly! Apparently our financial media is just a tool to push stocks up! However I do hope I am wrong on that!

EPIC surges on proposed privatisation report


ps: posted the other day: Should Media Continue To Spin News To Drive A Stock Up? (E&O had since denied the story!)