I fully agree with what you are saying but the problem is whether they are right, wrong or simply talking out of their ass their words carry a lot of weight. So even though they may be dead wrong it could still affect how that stock is trading and cause people to prematurely sell what they have which will cause the price to drop. When that price drops it causes other shareholders to get nervous and then they start to sell as well and it basically snow balls from there. Even seasoned traders would probably sell if they are the day trading types, then they will just repurchase at a later date if necessary.