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Saturday, July 08, 2006 6:36:32 PM
You and others say that what people post on this board has no influence on its readers.
I don't say any such thing. If posts on this board had no influence on readers then no one would ever react to them.
Some argue that posts on these boards has no effect on the stock price and that is a fair assumption given that the majority of investors in stock are unaware of these particular boards, but to suggest that there is no influence on the individual readers would be absurd.
I make no excuses for Dr Frudaky, I doubt that he requires any. I do maintain however that people are responsible for what they post, they are responsible for the potential effect of their posts on the individuals that read them, and that anyone who has provided advice that were it followed would result in a loss to the follower, shares a significant blame for that loss.
The significant difference between those who pump and those who don't, is that those who are influenced by the pumpers have lost significant amounts of money, whereas those who have heeded the voices of caution have lost nothing.
I know for a fact that no one who has been influenced by anything I have posted, (and, by the way, I have NEVER given investment advice), have ever lost anything. Can you say the same?
No you can't!
regards,
frog
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