Ceci n'est pas une blog.

MossMan's non-blog.

Why stock info in news stories?!?

, , ,

Short rant time:

Can anyone tell me why the hell certain news agencies insist on putting stock info after every company name in a story? You know, things like this:

order announcements from aerospace archrivals Airbus and Boeing Co. (BA: 63.88, +0.69, +1.1%) followed so fast [...]
EADS (FR:005730: news, chart, profile) unit Airbus [...]
Among the engine makers, United Technologies (UTX: 60.08, -0.97, -1.6%) unit Pratt & Whitney [... etc.]



What's the bloody point of that ?!?


Is it, as I suspect, because investor-type-people are:

a) impulsive, with a short attention span

b) easily swayed by other people's advice and opinion

c) so stupid they can't even remember what their stock is doing

d) too lazy to do even the most basic research themselves


or what...?


It's just bloody annoying reading around all that crap when trying to follow the news!

French unions should stop crying wolfMade me laugh!

Comments

Eliane a/k/a Ellymomable Thursday, July 17, 2008 3:15:14 AM

Yes, bloody annoying to us nonstockholders!

MossMan Thursday, July 17, 2008 5:39:51 AM

If investors actually need this kind of constant prompting then they are obviously too stupid to be trusted with money...

Eliane a/k/a Ellymomable Thursday, July 17, 2008 5:54:01 AM

lol

I guess it is easier than reading a stock ticker or Wall Street Journal.

How to use Quote function:

  1. Select some text
  2. Click on the Quote link

Write a comment

Comment
(BBcode and HTML is turned off for anonymous user comments.)

If you can't read the words, press the small reload icon.


Smilies