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- 28 May 2004
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That's interesting that you say that Joe as I do not hold any shares (either personally or through related entities) where I have posted a chart in an ASX equity thread.
These charts come to my attention through the development of EOD or EOW database scans and as such I post them up for the benefit of the Forum members in an endeavor to provoke some discussion on the equity concerned.
Hi Rob, I think that a large percentage of people who post on stocks are like you and do not have an interest but post for the purpose of engaging in discussion. This is something that I wish to encourage.
Bigdog brought up the issue of a feature where those posting on stocks are compelled to declare that they either have an interest or do not have an interest in the stock they are posting about. My feeling is that in circumstances where someone has not specifically stated that they do not have an interest, it should be assumed that they do. I assume that the purpose of such a feature is to help people identify any agendas others may have in posting about a stock. In the absence of a declaration that someone does not have an interest, I think it's probably safer to assume that they do.
I don't think it really matters much either way to be honest and I don't think there is much utility in such a feature as there is no way to determine if people are being honest about their positions.