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Re: bas2020 post# 429717

Friday, 09/08/2023 2:02:18 AM

Friday, September 08, 2023 2:02:18 AM

Post# of 462734
Let's put it this way. There are 80 million shares outstanding, give or take. There are probably 30 regular posters on this forum. Let's call it 50 who post on a semi-regular basis. Let's also assume, generously, that this message board controls around 10 million shares collectively. And of these 10 million shares, let's also assume that 2 million shares are in "weak hands" who might panic and sell because of a stranger's postings.

2 million / 80 million = 2.5% of the outstanding shares that "might" be influenced by a message board basher. That's hardly enough to move a stock on a day-to-day basis.

I agree that Adam Feuerstein coordinates his articles so his audience can short together and profit. But their gains are only temporary. In the long-run this type of manipulation is irrelevant and offers patient investors more buying opportunities. It's the HFT algorithms that can cause real damage to a stock. And the firms that use these supercomputers aren't paying people $18/hour to post nonsense on message boards. The Feuerstein's and internet bashers of the world are bush league. That's why I don't give them much thought other than to ignore them, a tactic I'd suggest you try. Because try as you might, engaging with them isn't going to do anything to boost the share price. That will happen when funds decide they want in and have to buy shares from patient retail holders who won't sell for peanuts.
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