You are partially right. Many investors, especially smaller investors, will read the message boards to get a feel of investor confidence and shave time off of DD. However, many investors, especially big investors, do not put much weight into these message boards. They do their DD based upon numbers, projections and facts. I personally know several that never read message boards, but will make $100,000+ investments on stocks. That is over 1M in float, enough to move it. When they believe the story, they never care what the message boards say. They believe their own DD. If they read the message boards, they only do so to guage the timing of the purchase, buy when the mood is negative, hold off a few weeks or months if it is being pumped.
Let's not kid ourselves, while the small group that posts here currently holds a significant portion of the current float, this stock will not skyrocket without some significant outside interest. Big interest. This will come only after some REAL press releases that mean something and give real indication of future potential. We are here waiting for the amazing to happen. That is the penny stock game. If HH actually gets this done, we will be rewarded by the interest from the big boys. They will be the ones that support the price at the higher levels. They are the ones that are waiting for HH to put something together. Once the ball is rolling, money will follow.
I still think it is a great opportunity to buy at some low prices. We just need HH to actually finalize a deal. Close something. Restore faith. Start the car. If not, we are probably out in the rain.