Retail investors

This morning Genuity (GENU) was initiated by six brokerage houses or as a buy or strong buy. Analysts failed to mention that the stock had nearly 30% in the days before their "coverage." Each institution long campaign had a perfect opportunity to sell in the support provided by the retail buyers who were blindly act on the "Buy grades." Suspected that the brokerage houses were giving cover to favored clients looking to unload some shares, I happily shorted GENU of $ 10.38 and $ 10.31, putting me to buy a protective cover stop order at $ 10.56, high tick over. Throughout the day, dribbled price down as low as $ 9.65 and ended the day at $ 9.88. I covered the $ 9.75 because some large and stubborn bidders showed up at this level. Retail investors who act on brokerage recommendations should understand the risks they're taking because they are at the bottom of the food chain information.