My thoughts on Private Stock Boards...
I'm against it.
I have been involved with them in the past. Sure, it is all sweet and lovely dovey to only be posting with like minded people who own a stock and only wish to post positive thoughts in hopes of getting rich, but that isn't what investing is truly all about, now is it?
The dilemma of hypsters vs. bashers has been around on investment boards forever now. Everyone who spends any time reading a stock board quickly gets to realize who is a basher and who is a hypster.
And it is common knowledge that it is always the hypsters who wish to have a Private Stock Club Message Board, so they can ignore the realities of potential negativities from so called bashers. (Ostrich head in sand!)
Matt, I understand what you mean that as IHUB is growing, there is more and more of this going on on the stock boards, but unfortunately it is the price of success!
A better plan would be to reinforce the original Chairman of the Board Concept that this website started out with, and allow that Chairman to monitor the board in a manner consistent with the Terms Of Service Rules of IHUB.
I see many personal attacks happening on some of the boards here of late (mostly on non stock boards), but if the same is happening on Stock Boards, it seems to me that that is a different matter and should be addressed by the Chairman of that Board and his/her assistants.
Is there a particular Stock Board that needs a Chairman right now that is having these particular Terms of Service problems? If so, I will volunteer to take over and attempt to show how fair Chairmanship can stop your desire to allow private Stock Boards/Clubs.
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