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Friday, November 16, 2012 7:57:17 AM
1. Many people forget for what time period the fins represent.
2. Many impatient people who have little knowledge of financial reports have a tendency to misinterpret their actual results.
3. The board is usally flooded with posters that wish to instill fear to shareholders not familiar with the company, in order to lower PPS and grab the less expensive shares.
4. Many posts involve ridiculous predictions ( on both sides ) that were unbelievable when made and still make no common sence.
5. Weaker shareholders in the past have responded to their fear, rather than the solid DD they should have made themselves.
6. Weaker shareholders will ignore the excellent factual DD that many have posted and earmarked on this board and respond to negative scare tactics by others.
7. Last but not least, many have established their selling point to come at the end of a financial quarter ( especially when they have in there own mind and time table when things SHOULD have happened.)
If you check my posts in the past year, you'll find very few predictions. To me, they only cause anxiety and unnecessary fear which causes gulible people to make the wrong decisions. IMO
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