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Replies to #16506 on Dump The Pump
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scion

04/02/10 12:40 PM

#16508 RE: Risicare #16506

Funny stuff - a non-denial denial.

ALLEGATION – FRAUDULENT POSTINGS BY AGORACOM

The OSC allegation of fraud pertaining to traffic and activity on client HUBS is unfounded and without merit. AGORACOM initiated conversation on some client HUBS to simply act as a catalyst to spark conversation amongst members and forum users.

As a new medium that is still unfamiliar, the initiating of conversation was also meant to remove inhibitions of members that often feared being the first to post or “sound stupid”- a dynamic that is common to most social settings.

Tsiolis added “We are all acutely aware of the dynamic in which complete strangers are brought together into a community for the first time and the inhibitions that prevent people from interacting. From our first days in school, to our first high-school dance, to the local town hall meeting, people are naturally afraid to be the first to speak or act. The minority of people that do tend to speak or act first tend to be the best, brightest or loudest in the group, which further drives the inhibitions of the majority. My extensive face-to-face experience with small-cap investors has shown they are no different. I have heard time and time again about their fear of asking “simple” questions that might demonstrate a perceived lack of knowledge, or contributing information that isn’t “smart”. We helped those investors open up and begin sharing their knowledge.

http://blog.agoracom.com/2010/04/01/agoracom-responds-to-osc-allegations/
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wEaReLeGiOn

04/02/10 2:05 PM

#16511 RE: Risicare #16506

I've yet to see shy strangers on the internet, sheesh! Yeah, it's like that 8th grade dance, nobody wants to say anything, or be the first to dance. That's the internet for ya.

Yeah that's it. Everyone will buy that one..

As a new medium that is still unfamiliar, the initiating of conversation was also meant to remove inhibitions of members that often feared being the first to post or “sound stupid”- a dynamic that is common to most social settings.
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MorningLightMountain

04/02/10 4:54 PM

#16514 RE: Risicare #16506

Although AGORACOM has been advised by counsel not to respond to the OSC allegations publicly, AGORACOM feels it is important to put the alleged quantity of posts in context.

good advice, they should have listened instead of making excuses and justifying.....
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janice shell

04/02/10 9:33 PM

#16522 RE: Risicare #16506

This part makes me giggle:

Tsiolis added “We are all acutely aware of the dynamic in which complete strangers are brought together into a community for the first time and the inhibitions that prevent people from interacting. From our first days in school, to our first high-school dance, to the local town hall meeting, people are naturally afraid to be the first to speak or act. The minority of people that do tend to speak or act first tend to be the best, brightest or loudest in the group, which further drives the inhibitions of the majority. My extensive face-to-face experience with small-cap investors has shown they are no different. I have heard time and time again about their fear of asking “simple” questions that might demonstrate a perceived lack of knowledge, or contributing information that isn’t “smart”. We helped those investors open up and begin sharing their knowledge.”