What is WITH this new site - everyone is reading it like it is the table of contents for what to buy. All these stupid "stop signs" and "yield signs" are simply stating the level of reporting they do. THAT IS ALL!! True, it is a consideration when doing the research, but by no means is this the only thing to consider when investing. Many great successful companies started out pink to get themselves going.
There are so many people that will be swayed by this. I kind of think it is similar to bashing or pumping without really bashing or pumping, in a way - some will not look beyond the "sign". I put this in the category of naked shorting, as this could have such a negative effect on a company that they may not be able to survive just because they could not afford to do the expensive reporting required just to rate a "yield sign". The damage could be extensive based on ONLY ONE COMPONENT of a good solid company.
I have seen this site mentioned many times in recent days. I hope it does not last, although the many sheep that graze here will likely keep it alive.. It would over simplify people's decisions and that could have dire consequences.
Let's be smart investors - the more of us there are, the better off we are. Don't let a road sign tell you how to invest. Might just as well use your magic 8 ball and save the cost of an internet connection...
Use that thing in your head - and I don't mean your nose... ;)
-Neb
