Matt, what you have accomplished on this board is remarkable. You build a very nice site with features that combined the best of Silicon Investor (such as private mailboxes) and Raging Bull plus a few great new ideas (like chat rooms).
You gathered moderators who really cared about the discussion groups that they monitored, gave them authority to keep the conversation on topic and encouraged a friendly atmosphere.
This site had clearly overtaken Raging Bull as the predominate location for serious discussion of e.Digital and the best proof of that was that the membership here (free from interference by the psychotic bashers who have fouled Raging Bull) was finally beginning to enjoy really open discussion. The discussion and serious criticism of the company's management and business model here by true longs was far more open than it ever could be on Raging Bull, simply because the posters could respect each other's opinions far more since they emanated from fellow investors who had risked real capital on this venture. We all know each other here and while the levels of knowledge and rationality might vary, the goal of all was the same - to assess the risks and potential of this investment and to (hopefully) watch it rise in value over time. Some might have felt bitter or betrayed that the company has not yet met our lofty collective expectations, but all who posted here still obviously believed that the potential return justified the obvious risk.
The rationale for denying posting rights to pure bashers is inescapable:
Why would any serious investor bother to have any conversation with some painfully sick individual who had posted 10,000 times on a stock which they did not own? No explanation for their psychotic behavior can possibly justify it or induce a sane individual to waste time in "serious" conversation with such persons.
As I said, you built a great site here. But you failed to understand a simple fact about investors. We cannot be forced to welcome into our midst those whose sole rai·sons d'être is the destruction of our capital.
The EDIG board was by far your most popular single stock message board and consequently an element of great value to your enterprise here.
Unfortunately, your recent actions have likely destroyed that asset.
Goodbye.
JimC1997
AI
