> Is it true that the media hypes stocks?

Is it true that the media hypes stocks?

Posted at: 2014-12-05 
The least informed are usually last to the party and left holding the bag.

Well I was talking to my 81 y/o great uncle and he's invested for a while. He claims that insider traders avoid the crashing market virtually always and that they'll portray false publicity to the media to pump & dump bad stocks, could be lying about any of the stocks hyping them up.

Is this true? Partially?