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Hotcopper attacks YoungTrader

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25 April 2006
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Guys,

I am re-posting a post which i have just put on HC.

It comes from a thread called "Youngtrader Ramped" on CUL Thread.

quote

Guys,

Over the past two-three days there has been some serious accusations about YT and ASF posted here, and in a way hotcopper have been dragged unwittingly into the mire.

The main accusation is that posts that are put up which have an opposite view to young trader posts are being pulled as quick as possible.

from this thread posted by Copperhot

"3.ASF need people like YT, and try to keep him as long as possible. The only purpose is to use him to get web traffic, and make money through ads. ASF is protecting him by all means. The techniques by ASF used are:
a. Deleted any negative comments about the stocks YT promote;
b. Name the poster as down rampers from hotcopper, or so to encourage followers attack the poster;
c. Kick poster out of the ASF for downramping."

and this by squidheads :

"thanks for backing me up copperhot, YES all critisism of YT and there has been alot by people burnt, gets deleted immediately by ASF administration, ASF is a phoney site and i personally believe ASF works in conjunction with YT or they are one of the same designed to take your money."

I decided to ask the admin of ASF directly, was there any truth (partial or full) to this.

He (joe) has given me his permission to re-quote his PM, (as he feels it is not appriorate for him to post on other site.)

quote:
"All I can tell you is that every single individual who is trashing ASF over there has been banned from this forum for ramping. They all have axes to grind and are keen to do so.

I have never met YT and there is no grand conspiracy. He just chooses to post his research here first. It's just sour grapes from those who have done the wrong thing here and paid the price for it by having their posting privileges revoked."

and furthur:

"I would also like to assure you that no posts on ASF are ever deleted simply for disagreeing with another members posts."

I would suggest to squidheads/copperhot that you NOT continue with this type of allegations and innuendo. Is does you no good and actually damages hotcopper as well. They (hotcopper) are now an unwilling party to something which if continued may result in furthur action being taken.

Whether YT ramped FWL or not (and I dont believe he did) that is not the issue, you both made accuastions which have been denied. Both of you (squidheads/copperhot) owe a public apology to YT, ASF and hotcopper.

Whilst this post is not about hotcopper per se, I would ask the mods not to delete this post or thread.

Cheers
Muzz

endquote.


I'm sure that YT can defend himself, he does not need me (but his research is tops - so maybe i need him to a degree )

To the posters who are former members of ASF to trash ASF name on other sites is a really low blow.

Cheers all
Muzz
 
Re: CUL - Cullen Resources

The grapes are sour and the poppies are tall.

copperhot also goes by the alias "Danewbee" here at ASF. He didn't take very kindly to having a few abusive posts deleted.

Squidheads, aside from paranoia, appears to suffer from bipolar and likes to cross dress if the two nicknames he/she has attempted to use at ASF are anything to go by. Squidheads other aliases 'jennyperfect' and 'thefisherman' were given the boot from ASF on the 1st and 15th of February this year. thefisherman was banned for doing his/her best to ramp VMS. His or her last 2 posts were:
what sort of site is this ????????????????????????my broker doesnt want to mentioned on some chat site, r u encouraging people to be here, or discouraging ??????
there r better sites than this one, goodbye..........
His "broker" heard something on the "grapevine" that an announcement was due. To the best of my knowledge, no announcement ever did come. Or certainly not soon enough, exposing his/her shameless ramping.

We gave jennyperfect aka thefisherman aka squidheads another chance. At which point they begun ramping LOD and were sent on their way - back to hotcopper it seems.

These posters at hotcopper are disgruntled ex-users attacking YoungTrader as a proxy for ASF. They are spineless.

And I look forward to reading the response of the whimps over at HC. I'll be sure to have my tissues ready.
 
Re: Hotcrapper attacks YoungTrader

I should also point out ASF doesn't remove posts that disagree with bullish holders of stocks. More so, we encourage points of view that differ. They lead to more robust conversation and ultimately better analysis. Posters learn more too. There's plenty of examples of this if you browse around. The NWE and AED threads are good examples where admins have taken opposing views to challenge the robustness of people's analysis. Ultimately, everyone comes out of these kind of discussions a little wiser and hopefully a little better traders/investors.

We do however ask that posters that post negative views on stocks adhere to the very same standards that bullish posters do. They are required to substantiate their opinion with some analysis, whether it be fundamental, technical, tea leaves or whatever else they believe is relevant. Up ramping or down ramping is all ramping. We also prefer that people that make bullish or bearish posts on a stock hang around on the thread and objectively and maturely address the questions people raise on their analysis.

ASF is ultimately about learning and sharing knowledge, not just pumping your latest penny dreadful. There are plenty of other forums for people to do that already.
 
I check out both the ASF and HC site but to claim ramping is wrong would be wrong in itself. We are all mature enough to choose our own path and for my reading YT is undoubtedly an intangible asset.

Very childish personnel attack in my opinion!
 
I check out both the ASF and HC site but to claim ramping is wrong would be wrong in itself. We are all mature enough to choose our own path...
Unfortunately ASIC Interim Policy Statement 162 part 63 places some onus on operators of Internet Discussion Sites to do what they can to ensure that the IDS isn't used for "...misleading activities".

I agree with you in the sense that the market will ultimately sort out those that blindly follow the opinions of others (almost a Darwinian approach to the markets), but unfortunately ASIC disagree.

As for my post about squidheads, well, I think it's only fair that someone points out his/her motives for the abuse unfairly dished out on YT. Joe is too professional to do it, but I'm more than happy to.
 
Squidface and his mates should do their own research, as is told many a time on ASF .After all it is your $$, as is told ,if you were told to jump off a cliff, Would you?. Joe and other moderators (Which i like about ASF) ask of others to provide "ëvidence" of such claims of striking oil or hitting gold, Other wise Shut the "F" UP(a lot more polite than i put it of coarse). Different views are always appreciated as both sides of any story need to be told in order to assess the truth of a claim (any who i hate monologues, otherwise i'd tell myself to buy more of what i just told myself to sell" Heh heh
 


It would seem entirely appropriate that ASIC place some onus on ISD's for policing members who provide back of the envelope F/A on low vol porridge stocks with 'potential pipeline growth'.

 
I am quite surprise why those craps do these personal attack. Young_trade just did some hard working for ASFers. Though I am a newer here. But I can see he just want to try helping people know what happen in a stock.
 
YT can't always be right but he has a better record for unearthing a prospect than anyone else I have followed. His contribution to ASF is respected by most and certainly valued by me. I treat it as information and follow up with my own research. If he makes a mistake and I follow it is my mistake, not his. I would make a lot more "mistakes" if I followed advice or information I find on hotcopper. I look at HC occasionally but have never posted there.
 
I was shocked when I looked at HC and seen the posts. It was like 2 kids fighting over the front seat in the car, then battling on in the back seat blaming each other....
Anyhow, thanks ASFers for making this place a great place to learn. Thankyou to all the bulls and bears. Thanks to all the other newbies for asking the dumb questrions I didn't ha ha ha.
Also thanks to anyone who provides a different point of view.... All the positives and all the negatives. There is nothing wrong with a "down ramper" if they're right. Eh?
 
Hi all

I am surprised that people even dignify comments made by known, but not respected members on other forums in regards to YT.

For mine YT just puts the facts up no more no less.

If he was in anyway connected with ASF does it really matter the comments made by YT are respected and people are intelligent enough to make up their own minds.

Cheers
SG
 
Hi All,

YT is not a ramper. He provides excellent posts and is honest in his dealings.
People are just jealous and just ****ing ignorant, sorry for swearing.. Accusations coming from HC or other "Crazy" forums are low indeed. Of course HC is not known for ramping is it? LOL!
DYOR
 
Very dissappointed that things have come to this.I used to go on a forum in the UK,wont give the name but it was like the school playground with lots of bullies and name calling.From memory i think that there were actually criminal(?)charges laid because a lot of the posts were an organised downramp with all the unfortunate consequences for the unsuspecting.Sad to see someone as helpful and generous as YT(and maybe a few others on here will get the same treatment in the future)suffer from this personal attack.Cant imagine it will bother him too much though but hopefully it wont deter him from sharing with those of us who dont shine as brightlyAl
 
Started trading a year ago, and found ASF.
I knew very little, yet traded; mtn, jms, bsm, eve, byr, yml and cul to name a few. Have made a 150% profit for the year.
Big thanks to you, YT.
Ps. Never been on HotCopper.
 
Unfortunately there will always be haters and those who wish to cut down tall poppies. The lies and innuendo to which YT has been subjected to by certain members of another forum recently is simply a testament to that.

My only connection with YT is that he somehow found his way to ASF and began posting here. He is a valued member of this community and like many of you, I appreciate that he posts his research here. Similarly I am also indebted to many of ASF's other contributors for sharing their knowledge, analysis and research with the rest of the community. That people are willing to do so freely and without reservation is what makes ASF such a useful resource.

I can assure everyone that I will endeavour to ensure that ASF remains a civilised, contructive and enjoyable place. To keep on top of this, the mods and I require the assistance of all ASF members. Please report any behaviour that violates the ASF code of conduct by clicking on the 'Report a Post' icon -
- on the offending post and letting us know about it. This will help us deal with these posts much quicker. Unfortunately we just dont get to go through every thread these days and we miss some things.
 
This is starting to seem all very familiar, perhaps a war between HC and ASF is brewing... anyone else remember the great Usenet war of 1993 between alt.tasteless and rec.pets.cats???

http://www.wired.com/wired/archive/2.05/alt.tasteless.html

m.

ASF is not declaring war on anyone except rampers and troublemakers.

However, I do find it slightly amusing that those attacking YT and ASF on this other forum are previously banned ASF members.

Lots of sour grapes and grinding axes.
 

Don't think there needs to be a war.

It's simple to me, the 97% of losing traders are on Hotcopper, the 3% of winners on here.Maybe a generalisation, but who cares, it is 99% true, end of story.

That is the only reason that so many Hotcopperites are looking in on ASF, because they know a lot of the posters on here have an idea how to make money without getting the latest "hot" tips
 
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