Wednesday, January 05, 2011 8:49:23 PM
The stocks that don't move are too boring to watch to add in the dull, repetitious drone of people who have nothing in common with us constantly repeating the same things over and over. The stocks that are moving are moving far too fast to bother with that gibberish anyways. They like to accuse and attack promoters, but even a great company that is 99% insider held, needs that 1% of excited outsiders to move that PPS, most of the time.
It really tends to make you want to just forget these forums and stick to just flipping. Investments are usually slow cumbersome vehicles that grant minimal returns and dividends over long stretches of time. If you are just here to trade, who the heck cares if it is a scam or some prestigious award-winning business? I think I owned a certain telco stock for many years and seldom saw the dumb thing move more than 3% in any direction. I think that it is still within a couple of bucks of where it was in 1990. Made me wish they had done something shady.
Let them foist their opinions on people as much as they wish. Once they get the recognition that they imagine that they want, they will figure out that people are just ignoring them and trading the way they like. Failing that, we can always hope that they get their acts together enough to start blogs where the people, who are actually interested in what they have to say, can seek them out. That way, the rest of us won't have to page through their drivel and load the same spam BS hundreds of times a day.
May Some Good Fortune Come To You!
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