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Re: brokedoc post# 42100

Wednesday, 09/28/2011 3:35:45 PM

Wednesday, September 28, 2011 3:35:45 PM

Post# of 148373
Well, glad it conveyed someone else's opinions also. I definitely don't feel like the enemy. :)

People are obviously free to have their own predictions, and there's nothing wrong with that. I do know that sometimes though, when you're new to a stock, at least for me, the process is something like this - find a new stock, find the board, start reading all the available DD, start reading through old posts (although on a board with this many posts, that could take a LONG time), but I read old posts to get an idea of who seems to have been around, made the calls, done the DD...and you get a sense for who you think you want to give credibility to their statements.

THEN, when predictions start coming out, and they never happen, over and over...I just get tired of it. And unfortunately, some young investors get pulled into the hype, only to watch the news come out, and the PPS either do basically nothing, or drop!

I'm not laying blame on anyone other than each individual investor, as it is the individual's money, and therefore responsibility, to do all of their own DD and make decisions based on (hopefully) a solid business plan and not just hope for a quick MOMO trade.

AND, I'm not implying I don't think people should post predictions. I think people should, and give their reasons for those predictions. Whether they end up being accurate or not really doesn't matter, as either scenario provides a means of analyzing the method used and the outcome and learning something for the future.

BUT, just as people are more than free to share their predictions, when they start to proliferate the board, as they always do before events like PR, fins, conference call, ticker change, etc. I feel just as free to post a disagreeing prediction.