Not sure what to do!

[Smurf1976]

The problem with Fundamentals Analysis is the Experience and Qualifications of the Analyst

...

With any Fundamental Analysis I would like to see some Letters after their post

How else can anyone distinguish between a qualified expert's opinnion and a Ramper?

Personally I'd rather a sound track record over qualifications any day when it comes to fundamentals.

Just look at all those highly qualified "oil will be $20 for the next few decades" types from not that long ago. It was the (generally unqualified in financial matters) people who actually knew something about physical oil production who got it right. Those in the suits with letters after their name are still wondering what happened to their $20 oil.

Some of the things those clowns say about production are outright crazy. And yet they just keep trotting out the same old rubbish year after year and never seem to get sacked for it. It's laughable to see everyone suddenly so concerned about a report from the IEA when that is the very same organisation that's been so profoundly wrong in practically every forecast for more than a decade. Very highly qualified and absolutely well regarded. And essentially useless in terms of longer term forecasting.

Proof not Profession IMO. There's plenty of fools with degrees who are good at nothing apart from passing exams (most definitely a skill in itself, admittedly one that most don't have). Plenty of very good, highly qualified people too of course. But simply holding a degree and having letters after your name does not in itself prove real ability. You need a decent track record to go with it, something that many professionals in the investment world seem to lack.

 

[misterS]

Hi YT,

What you are struggling with is the consequences of being famous. Fame knocks at your door to congratulate you and then runs round the side of your house and flings a rotten fish-head wrapped in newspaper through your window.

You haven't sought it, you are unprepared, and has taken you by surprise, but nonetheless it is fame.

If only you were the ruthless type, you would be laughing. It's a burden just trying to be a decent person isn't it?

The maligning of your motives must be the most hurtful and infuriating aspect of the attacks. You post your research and opinion and the price often goes up. But then damn you, the price does not continue ever upward. How dare they do that - it must be your cunning plan!

Therefore, argue the attackers, you are buying, then posting to boost the price and then selling. I think everyone posts their good opinion of stocks they own, otherwise we wouldn't own them - just happens your posts are much better. The fact is, the posts are well-researched, easy to read, strong on analysis and well-argued.

Hard to stop people re-posting your posts, but to be fair, they are very good, and the motives of some is probably the same as yours and imitation is the sincerest form of flattery. Lots of new people on forums don't realise there are conventions. It is their adoption or unattributed use for blatant ramping that is probably the annoying thing, because it invites the inference that that is their original purpose.

You should take solace from the fact that you won't have seen any criticism from anyone whose opinion you respect. Even on HC, no-one sensible has expressed any support of the criticisms.

The main thing is whether you are able to adapt to a bit of fame, which probably includes being more selective regarding which threads you respond to, having to be unresponsive when the nut-bags and bunny-boilers pester you, and whether you can tolerate your words being spread far and wide without permission.

If you can do that, you can just keep doing what you are doing.

If it's intolerable, maybe you will end up limiting your audience by some means as you've been discussing and that would be a shame, because censorship has a stultifying effect.

There is also something deeply ironic in the idea that the forum should decide to reduce access to a member's posts because they are consistently too good.

Will that end up a new Terms of Use violation - too good?

cheers

 

[ahspritemk]

YT I think you should focus and feel pride from the fact that you are helping many people with how to analyse stocks and some good points in what to look for. I’m only 19 and from reading your posts it has really given me valuable information which I will probably carry for many years, with saying that I have not bought any shares from just what you write and in fact only hold one company that you have. I think this is the typical case of a minority of idiots screwing it up for everyone else. Just ignore these guys as eventually they will get burnt for when the market goes against your analysis (No offence but its inevitable, cant win them all) and when this happens they probably wont have stops equal to yours, if any.
I can actually see quite a humorous side to this as you could post up fake analyse and twist these chums over big-time, anyone who has been following your post with care will realise it is fake and if they don’t well it is a good lesson.

To Captain_Chaza, honestly mate a tertiary certificate does not mean much these days. I am in the middle of a double degree in Business (accounting) / Info sys and I can tell you that quite a lot of people can fake intelligence just enough to get through a university course. Also many uni students are not passionate about the field they will work in. In my course if you removed all the ridiculous tasks such as essay assignments that hardly relate to the actual topic, then the course would be over in 1-2 years. The sad truth is many people would fail as they can not learn an acceptable amount of theory and require the essays to reach 50/100. Uni is only a stepping stone to gaining employment but does not mean you have good skills. Most skills are learnt by what your own enthusiasm permits you to seek. Look at Bill Gates who was a college dropout but he had a passion and ideas that were elite.

This is a public forum, people should take responsibility for their own actions and do their own research.

If you read and buy then your a bloody idiot!

 

[toc_bat]

hi all

YT if this is the path you want to pursue then perhaps the private blog is an answer,

as ASF is large and public, what i to stop anyone with access to the net, hotcopperite or not from joining ASF, I joined in minutes i i remember rightly,

the net is anonymous, even if Joe Kicks someone out of ASF they can just join with new credentials, new email etc, or am I wrong Joe?

bye

all

and thanks again for a good forum,

edit : by the way ahspritemk i hope you just joking about the 'fake' analysis, i think this would be a recipe for disaster and would go against the good nature of this forum

 

[kgee]

To Captain_Chaza, honestly mate a tertiary certificate does not mean much these days. I am in the middle of a double degree in Business (accounting) / Info sys and I can tell you that quite a lot of people can fake intelligence just enough to get through a university course. Also many uni students are not passionate about the field they will work in. In my course if you removed all the ridiculous tasks such as essay assignments that hardly relate to the actual topic, then the course would be over in 1-2 years. The sad truth is many people would fail as they can not learn an acceptable amount of theory and require the essays to reach 50/100. Uni is only a stepping stone to gaining employment but does not mean you have good skills. Most skills are learnt by what your own enthusiasm permits you to seek. Look at Bill Gates who was a college dropout but he had a passion and ideas that were elite.

This is a public forum, people should take responsibility for their own actions and do their own research.

If you read and buy then your a bloody idiot!

I must agree with you there I've a degree in Horticulture and about to do a diploma in engineering.... and I'd suggest that one of the best attributes that a tertiary education has given me is to be critical ( skeptical ) of all reports as everyone has their own agenda.... I could have become buddhist and saved myself 4 years of study by adopting their doctrine of "doubt everything"
ASF is a great forum and community which has helped me out no end...and its posts such as YT's that enthuses me to put more research into the stockmarket....maybe one day I'll be pulling out some gems myself.
As to the theft and HC posters Making up posts about what YT has told them I don't know what the answer is...I suggested YT changing names which would be some kind of answer but see why it could be disagreeable to YT
If any changes are to happen I hope theyr'e not too dramatic as I like the feel of ASF working as a community where we can all help each other discussing both the pro's and con's of different stocks
HC posts always leave me with an ill feeling but for ASF to become more elitest well that wouldn't sit right as well

 

[macca]

Hi YT,

Like so many others, I have been around a while on the stock forums, people become the latest guru for a while when they have some immediate success's.

If the market quietens and their stocks slow down, then the fair weather friends quickly move onto something else, or someone else.

I and others appreciate sensible postings from everyone, it is hard to look at every stock and when someone else finds an interesting stock it is handy to just have to research that one prospect.

Sure they have purchased before posting, but surely the one who found it has earned the profit.

I understand that it is irritating to have others copy, but I guess that is one of the downsides of forums.

The upside is that we all have somewhere to discuss our interest in the market.

Prior to stock forums, trading was a VERY lonely business, it still is in some ways, but at least our minds can meet via places like ASF.

The only way you could perhaps slow them copying, is to type in "(from ASF)" regularly, that way the HC moderators might insist they remove the promo for ASF.

I guess you can only continue to be sure that your posting don't "recommend" a stock, just state your findings and ignore the rabble.

Good trading

 

[Awesomandy]

Personally, I'm not too worried about that. Just let the traders have their fun; fundamentals are still the same. In fact, the volatility creates more opportunities for the longer term investors to buy in at a good price, so, apart from the huge ups and downs for about a few weeks, (and the possible speeding tickets), things shouldn't be affected things too much in the long run, I think. Most short term traders probably aren't thinking about what's going to happen in a few months time anyway - they would be looking for something else to pump and dump.

 

[Snakey]

My
The way I understand you Mr YT is that you do some hard work researching stocks to find under valued small cap miners. Then you buy a bucket load of them and then tell your mates about them and then tell the rest of asf about them and then tell hot copper people about them. By that time the price has already just about doubled or more.
You are on a good thing and I think its important to stay focused on WHATS WORKING. Quite offen when we find something that works and works well, we try something different because of boredom or a desire for a change or to test ourselves.
Success and bucket loads of money can change people and its important to keep your FEET ON THE GROUND and stay in control of yourself.
You dont need to post your sucesses or state the obvious. Just let success flow off you like water from a ducks back and stay focused on what your good at... Fundamentals.
If your worried about people getting burnt, just make sure that your being honest with your posts and not just calling a share undervalued to make a profit.
This will help you keep a clear conciense and keep your reputation intact
and insure future profits for you and other that buy your favourites.

Good luck and stay Focused
Snakey

 

[greggy]

Hi guys,

I have a dilema and I'm not sure how to handle it,

Clearly alot of people follow my research, but I am worried they are blindly following my research, so I am going to edit my signature to make it clear that I am not a fincial advisor etc

The other problem is that alot of people are PM'ing me for some sort of private breakout list or something,

The only reason I considered doing this, is that unfortunately shortly after I post my research for the benefit of all of us ASF'ers and so we can discuss etc it gets poached by others and posted on other forums, these people are only interested in making a quick back and will pump and dump, I don't want to become associated with these sort of sotck movements,

Stocks I pick have long term value and while there will always be ups and downs, the re-rating should be gradual AS IT USED TO BE, and not like this, just day trading crazy!


I really really would like to see ASF be locked so that only members can read the individual stock threads,

Either this or maybe a new section created which is locked under fundamental research, or something like that?

What do you guys think?

G'day YT,

Its amazing that you've done the right thing all the way through yet you're now facing this dilema. Joe Blow's improvements make sense. People on other forums bag us yet steal ASF's stock tips. Maybe a nominal charge may need to be introduced, not $120 pa but something more reasonable maybe $60 p.a. the cost of a monthly share magazine. Its a pity its come to this. Its getting me pissed off coming into this forum and hearing about the latest sledges. There's too many people out there bagging this bloody great forum. Anyone not liking this forum should just piss off. Sorry for the language, but I've only ever sworn in 2 posts out of over 1,000. I must be getting old or maybe that I found out the other day that my father's just had a massive stroke (his 3rd) and I now have less tolerance for bitching about this great forum.
I'll be taking a short break from the end of today but will back in a couple of weeks. Take care my friends.

 

[shinobi346]

A site called Slashdot has something like that, articles + blogs that only selected people can see. It may be a bit much of a hassle to swap everything around though.

I'm more in the pro-camp for locking the forums from unregistered users and search engines. Not only will this make banning rule breakers more harsher/effective but it may help YT's case a bit.

I like reading other members posts here but if they arent comfortable in posting freely it could affect the quality of this forum for the worst.

 

[startrader]

Hi YOUNG_TRADER,

Just a comment re your disclaimer note at the bottom of your posts.

I just read a post of yours re RDS as I am interested in this stock because I hold shares in it and the first thing that struck me was your disclaimer at the bottom which seemed to stand out hugely. I know why you have put it like that from reading this thread but if I didn't know that honestly my first thought was "why is that so prominent - maybe there is some reason I should be taking notice of his opinion"! Maybe it might be better just to have it in the same font as the rest of your stuff - it still gets the desired messsage across.

I appreciate your dilemma with all this but hope that you don't worry too much about it. I think that people who blindly follow your opinion will sooner or later shoot themselves in the foot.

All the best with working out what to do!