Hotcopper attacks YoungTrader

wayneL · 3 July 2007

Joe Blow said:
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.

This is something I am noticing more and more in the wider community. It doesn't take much of a sleight (real or imagined) for some people to launch into a comprehensive campaign of character assassination. I had to work its way into trading forums.

It is simple for any community to squash this sort of crap, simply don't subscribe to it. Cliquey communities (actual and online) love to perpetuate this sort of nonsense and that is something that is pretty good about this place; cliqueyness is minimal.

But talking about it gives it life. I reckon ignore it.

"The dogs bark, but the caravan moves on"

Craze0123 · 3 July 2007

agree with ^

2020hindsight · 4 July 2007

firstly I'd like to thank YT for suggesting YML

but just on the subject of (mild) ramping .. very general , maybe call it "ultramild" ramping .... , ... I sometimes wonder how many of us would follow the sequence :-
a) post a good company announcement, and only then
b) buy the shares ourselves
no biggie, let's just assume we do both activities simultaneously, lol

heck, the fact that this is being aired and discussed openly is surely healthy.

Gundini · 4 July 2007

Water off a ducks back...

I admire YT for his work he puts into his posts, and his continuing support of this forum and its members.

Keep up the good work Champ, you have a lot of backers here...

Sharing your thoughts and skills is the foundation of any Forum, and you do your best to be part of this community, so well done!

By the way, Joe, you do a fantastic job steering this ship, and it aint gonna run aground anytime soon. Talk about overworked and underpaid. A thankless task that is appreciated by this community. Congratulations to you!

Fool · 4 July 2007

To the moderators:

This could most likely be fixed by making ASF only viewable

a) once you have logged into an account (ie, non publically viewable)
b) been a member for longer then 3 months.

This works well on other forums because it stops people who are banned from simply signing straight back up.

The other forum I am thinking of is also using vbulliten, so it should just be a configuration issue ?

Are there any issues that would prevent the mods from doing the above ?

Damuzzdu · 4 July 2007

Fool said:
To the moderators:

This could most likely be fixed by making ASF only viewable

a) once you have logged into an account (ie, non publically viewable)
b) been a member for longer then 3 months.

This works well on other forums because it stops people who are banned from simply signing straight back up.

The other forum I am thinking of is also using vbulliten, so it should just be a configuration issue ?

Are there any issues that would prevent the mods from doing the above ?

Fool,

Not a bad idea, however, you could give access to the general public to say 2-3 of the forums (no posting of course), so the public gets a gauge to what the site is all about. Say General Chat, Beginners Lounge and Announcements.

The other one about posting could go on time (Another forum it was 1 month) by then restricting posting to only certain forums during that month, and you had to put up a couple of posts. If you didn't post anything, the restrictions remained, until the mods could see you were not out to cause trouble. After that you had all access. You still had viewing access to all forums.

Not sure if that can be configured here?

Cheers
Muzz

Fool · 4 July 2007

Damuzzdu said:
Fool,

Not a bad idea, however, you could give access to the general public to say 2-3 of the forums (no posting of course), so the public gets a gauge to what the site is all about. Say General Chat, Beginners Lounge and Announcements.

The other one about posting could go on time (Another forum it was 1 month) by then restricting posting to only certain forums during that month, and you had to put up a couple of posts. If you didn't post anything, the restrictions remained, until the mods could see you were not out to cause trouble. After that you had all access. You still had viewing access to all forums.

Not sure if that can be configured here?

Cheers
Muzz

To be honest I think ASF is big enough and has a wide enough community that it doesnt need any more people from the public - word of mouth should be enough to get more "quality" people to join.

That's my opinion anyway.

Like anything, when it gets too big you get a bigger chance of someone who will ruin it.

dj_420 · 4 July 2007

i actually think some of this is quite serious, if the people making allegations are claiming of insider knowledge then they can be placing themselves in some hot water.

i havent actually looked at squidheads posts on FWL, but he has made serious allegations on URA thread.

if he is making similar allegations on FWL thread it could be classed as insider trading.

if people are passing off knowledge as insider information then that is illegal and can in fact be charged. Peter Woodland was charged with 17 counts of insider trading relating to posts made on hotcopper.

http://www.news.com.au/story/0,23599,21534549-1243,00.html

anyways YT not to worry, your research is always spot on and have followed up a few stocks from you bringing it to my attention. these guys will only land themselves in trouble for posting allegations about other members and ASX companies.

nizar · 4 July 2007

Is posting on HC how they caught this guy?

Is ramping (eg. on HC or other sites) with your insider knowledge a worse crime (ie. different charge) than just loading up on the shares ???

Pommiegranite · 4 July 2007

nizar said:
Is posting on HC how they caught this guy?

Is ramping (eg. on HC or other sites) with your insider knowledge a worse crime (ie. different charge) than just loading up on the shares ???

Hey Nizar...sounds as though you're worried.

Seriously though, it wouldn't take much to find out from HC. All they'd have to do is find out who started the thread, take their email address, and see what ties they have with the company.

FWIW, I don't ramping is such a big crime. Its more of a major annoyance for discussion boards, as there can end up being too much rubbish to sift through to find out whats fact and whats not.

insider · 4 July 2007

I'm not taking sides but Young Trader hasn't done anything wrong as far as I can tell... I know I get slammed quite a bit at HotCopper because I tell it like it is... Some companies suck and people have issues accepting it... oh well, I'm not worrying for their money...

this is just character mutilation... YT is young, his rich (assuming) and he's clearly successful... This is not just what the ladies admire but also what make the guys jealous... Especially the older ones

YT should kick them while their down...

doctorj · 4 July 2007

I had thought about posting this at HC, but figure it'd be more useful here.

These chaps should be conscious of what they post on the internet, it can really come back to bite you. It would appear YT may have grounds of action against several posters for defaming his good character by making claims that are demonstrably false.

Anyway, food for thought.

Pat · 4 July 2007

insider said:
this is just character mutilation... YT is young, his rich (assuming) and he's clearly successful... This is not just what the ladies admire but also what make the guys jealous... Especially the older ones

YT should kick them while their down...

Right on insider!!!!
It is entertaining though and I bet YT is having a laugh.

spooly74 · 4 July 2007

nizar said:
Is posting on HC how they caught this guy?

Is ramping (eg. on HC or other sites) with your insider knowledge a worse crime (ie. different charge) than just loading up on the shares ???

Think so Niz!

He was posting stuff like "Don`t cry for me boys ..." before the project in Argentina was announced!

Not the smartest cookie!

henry vanderhave · 4 July 2007

Hey.As downer would say,Ill let those ones go thru to the keeper,but should opportunity arise,turn to the bowler,and with the utmost respect and in a very polite manner,tell it to go F--- yourself.The end.Keep up the good work YT and as they say,dont let the bastards bring you down.REally the end.

Damuzzdu · 4 July 2007

doctorj said:
I had thought about posting this at HC, but figure it'd be more useful here.

These chaps should be conscious of what they post on the internet, it can really come back to bite you. It would appear YT may have grounds of action against several posters for defaming his good character by making claims that are demonstrably false.

Anyway, food for thought.

doctorj,

Spot on, not only YT, but also ASF. ASF, though not a natural person has the same rights, as this can damage it's reputation. Defamation is a serious thing. Why do the media go to great lengths to ensure that their lawyers vet most articles before they are printed or broadcast.

Internet discussion groups are no different. People will try to say "oh you are stopping free speech and all that"....no internet discussion groups want as much free speech as possible, just not the speech that has slander and libel posted.

Discussion groups have a duty of care not only to see that slander and libel are not published, but also to protect themselves as they may be found to be unwilling party if someone really too things to heart, and decided to seek furthur action.

Cheers
Muzz

misterS · 5 July 2007

There are sporadic references to the legal dangers of defaming fellow anonymous posters. It would be surprising if any anonymous nicknames could be construed as possessing a "reputation" capable of being defamed, in the sense that a legal remedy of damages would be available.

Is there another anonymous poster who could assert they are a lawyer in order to post an opinion (pro bono of course) to clarify the "defamation of nics" situation? Just for interest sake, because the issue itself doesn't really arise within ASF, or if it does, it isn't allowed to persist for long.

Even though we attribute reputations to our fellow posters, and I seem to recall there was a thread about whether a "reputation" rating should be switched on in ASF, I don't recall the proposed range of reputations extending, or perhaps descending, to the defamatory - but perhaps it could have, without legal recourse.

Otherwise, in future will we be seeing the Courts hearing "Maddog4 V. "Numnuts3" in a defamation of character case?

If not, perhaps an action could still take place on Second-life for damages in Linden dollars ? Have they opened a civil court-house there? Hmmm maybe I could make a quid as "JudgemisterS" hearing aggrieved posters for a fee...in secret of course - we can't have the poster's secret identity revealed.

YT might turn out to be Megan Gayle or Kimbo Slice - then where would we be?

insider · 5 July 2007

The best Thing that YT could do is absolutely ignore this whole thing , not replying to anyone and just continue what he does... That's true Character... I think he is doing that too...

tech/a · 5 July 2007

Question.

Why is YT posting on HC?

As in what is the benifit for him to do so given such angst.
A few have moved from here due to myself I believe.
Ive buggered off a couple of times myself.

If it isnt serving the purpose you are looking for then why bother?

YOUNG_TRADER · 5 July 2007

Hi guys just saw this thread,

Yeah I'm not paying too much attention to whats going on, no point, whats funny is that my research is actually poached.

This has become a problem though as now I am reluctant to post my research in a thread until I have pm'd as many people as I can who I trust won't re-post the info,

Another dilema is that yes, obviously after doing my research I want to buy shares for myself first, but for example with FWL and CUL recently the share price sometimes bolts, on both those occasions I was left unfilled but nevertheless thought I may as well share my research with you guys, after a few days I was still buying FWL at 30c (50% increase) and am looking at getting more CUL at 6.4c (managed to get some the other day)

The bottom line is nearly every stock I pick I do my best to ensure their is long term value there, so that even after I sell others can make more profit.

Stock - Picked@ - Sold@ - Max Price
JMS 7c - 25c - 45c
JMSO 1c - 12c - 24c
BSM 15c - 25c - 48c
BSMO 5C - 10C - 20C
BCN 16C - 35C - 60C (+ FREE 1:2 Oppies for holders)
TRO 50c - $1- $1.55
MTN 60C - $1.20 - $6.60 + (Sighhhhhhhh)
YML 16c - 40c - 60c (Carrying alot)
YMLO 3c - 20c - 30c
HLX - 8c - 20c - 27c (Free carrying Some)
HLXO - 3c - 8c - 15c (I think from memory)
FNT - 12c - 20c - 25c (Free carrying some)
FNTO - 2c - 4c - 6c (Free carrying some)
MGO - 20c - didn't buy shares - 50c
MOGO - 10c - 20c - 30c
URA - 25c - didn't buy shares - $1.60
URAO - 13c - 75c - $1.40
GBEO - 25c - 50c - $1
MAK - 15c - holding - 40c
MAKO - 5c - 10c - 15c
JML - 30c - 40c - $1.40
CBH - 40c - 50c - 85c
TZN - 50c - $1.50 - $3.40c
BKY - $1 - $1.25 - $2.10
EVE - 10c - 15c - 40c
NWE - 12.5c - 22c - 30c

As you can see I often leave alot of profit on the table (grrrr) but thats ok, the point I'm trying to make is that almost all of the time the stocks continue to march higher,

Picks I'd like to be forgiven for
ARX, BDG, BMO and BYR, although most got out at break even on ARX BYR and BMO after I said its a dog lets run, hmmmmmm 4 bad picks all 4 gold companies, what does that tell us? hmmmmmm

Thanks for the support guys

Hotcopper attacks YoungTrader

wayneL

VIVA LA LIBERTAD, CARAJO!

Craze0123

2020hindsight

Gundini

Fool

Damuzzdu

Fool

dj_420

nizar

Pommiegranite

insider

doctorj

Hatchet Moderator

Pat

spooly74

henry vanderhave

Damuzzdu

misterS

insider

tech/a

No Ordinary Duck

YOUNG_TRADER

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