Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
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I thought I might open this up for discussion. I have my own rather strong views on it.
Stock market forums are read and posted on from many countries by many posters all with their own agendas. Despite what some post on other member’s current favoured stock e.g. PEN, I respect both positive and negative information, provided it is both factual and relevant.
Negative or positive information posted needs to be factual and it can form a part of any decision making, but not as the controlling influence. Ones own research should always be the deciding factor, but is that always the case?
Anyone thinking massively read forums stock market don't influence a stocks price need to read more in my opinion. I started to take a lot more notice a few years ago after reading the articles below amongst others.
PEN has certainly had more than its fair share over the last couple of years as I am sure other stocks have. Multinics often being the vehicle of choice.
Just have a little read of these for starters:
1. Stock Spam Scams Ramping Up: There’s a Sucker Born Every Minute
http://www.theregister.co.uk/2004/04/13/stock_spam_scam/
2. Share Promotions and Hot Tips
http://www.scamwatch.gov.au/content/index.phtml/tag/SharePromotionshotTips
3. FSA Bans Broker over Stock Ramping
http://www.guardian.co.uk/business/2010/dec/06/financial-services-aurhority-ban-graham-betton
4. Official ASF Policy on share Ramping
https://www.aussiestockforums.com/forums/showthread.php?t=4773&page=1
5. Market Manipulation – Wikipedia
http://en.wikipedia.org/wiki/Market_manipulation
6. Pig Men Are Now Ramping Stocks
http://www.wallstreetbear.com/board/view.php?topic=81437&post=287695
gg
Stock market forums are read and posted on from many countries by many posters all with their own agendas. Despite what some post on other member’s current favoured stock e.g. PEN, I respect both positive and negative information, provided it is both factual and relevant.
Negative or positive information posted needs to be factual and it can form a part of any decision making, but not as the controlling influence. Ones own research should always be the deciding factor, but is that always the case?
Anyone thinking massively read forums stock market don't influence a stocks price need to read more in my opinion. I started to take a lot more notice a few years ago after reading the articles below amongst others.
PEN has certainly had more than its fair share over the last couple of years as I am sure other stocks have. Multinics often being the vehicle of choice.
Just have a little read of these for starters:
1. Stock Spam Scams Ramping Up: There’s a Sucker Born Every Minute
http://www.theregister.co.uk/2004/04/13/stock_spam_scam/
2. Share Promotions and Hot Tips
http://www.scamwatch.gov.au/content/index.phtml/tag/SharePromotionshotTips
3. FSA Bans Broker over Stock Ramping
http://www.guardian.co.uk/business/2010/dec/06/financial-services-aurhority-ban-graham-betton
4. Official ASF Policy on share Ramping
https://www.aussiestockforums.com/forums/showthread.php?t=4773&page=1
5. Market Manipulation – Wikipedia
http://en.wikipedia.org/wiki/Market_manipulation
6. Pig Men Are Now Ramping Stocks
http://www.wallstreetbear.com/board/view.php?topic=81437&post=287695
gg