Scams, message boards, and other worthless endeavors

[daviddodd]

Another thing I did in the past but found it to be too time consuming - mailing list of Master Pumpsters.
What I have found helpful and profitable about spikes in posting activity:

1). When it first occurs I admit I have made some short term (1 to 3 or so day duration) trades. Decent profits, complete speculation - understand and can live with. Know nothing about fundamentals or even what the company does or doesn't do. Completely instinctual trading for me and I don't look back.

2). Check board activity before I really get into the research. What I see dictates what I do. Can amplify if you wish.

3). You are absolutely correct on the typical BB shareholder. At times I find it difficult to spend time on the boards because it is so unproductive. In addition, and I don't mean this to sound like the typical testosterone driven BB participant in the least, but frankly I know my companies as well if not better than anybody limited to public information. So I often ask myself, why bother?

Thanks for getting back to me.