Media Coverage of Taser Share Price May be Biased as Many Reporters Are More Likely Holders of Taser Shares

Having checked on many recent reports in both print and on-line media, long time stock trader concludes that media reporters are holders of Taser shares.

(PRWEB) January 16, 2005 -- Brad Koteshwar, author of "The Perfect Stock", a recently released book about investing and the workings of Wall Street insiders and the havoc insiders play on the outsiders, commented in his daily online stock market column about media bias. The book uses Taser International and its stock price movement as an example and shows to the average public the way Wall Street works and how news is used and caused by the insiders to help move a stock's price. Having generated great reviews from the general public and at the same time proving to be controversial among the Wall Street insiders who hate the book, the book is doing reasonably well through word-of-mouth recommendation, according to the author.

In a recent column on his online newsletter, Brad Koteshwar says that over the past weeks the coverage by media reporters seems to show an in-built but natural bias about Taser's share prices. He notes that as the stock collapsed in early January, many headlines by media focused on the SEC's investigation into Taser but hardly ever alluded to the precipitous share price drop. And in the 2 or 3 days that the stock bounced a little, the headlines claimed that Taser was rebounding. Such reporting shows that reporters own the stock and wish to cheer it when it bounces a little, despite the fact that the bounce was meager as compared to the drop in prices. Koteshwar continues to say that one should expect wild swings on Taser in the coming weeks. But the big money was made back in the 52 weeks between April 2003 and April 2004, when Taser's stock price ran 7000%. Those days are gone, according to Koteshwar.

The book, "The Perfect Stock", is available through all leading online retailers as well as through the author's own website http://www.ThePerfectStock.Net where excerpts are available as well. The book was self-published as the author wished to have complete freedom in how, what, when, where and why everything was written in the book. He says it is hard to be frank and candid in a corporate culture that exists within all traditional large book publishers. He notes with interest that the only criticism of the book seems to be coming from Wall Street insiders.

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