posted
I realize that there has been alot of talk regarding the posting of false information on message boards. My question is how much can one person change the price of a stock by posting either positive or negative comments? It would seem that there are millions of people trading daily, one post seems to me like a drop in the ocean.......I just wanted to hear your opinons....
posted
I guess that depends on the person posting. There's a handful of folks on allstocks that have a reputation for being pretty stinkin' accurate.
Be it a buy or sell comment when these ppl post they usual get the attention of others at least enough for them to do some DD, which can lead to a buy or a sell.
IP: Logged |
posted
It doesn't. Think about it. If a company is relying on "message boards" to keep their company in good standing, there's more problems then you know.
They should focus on the business and not the message boards. It's all fluff. There's nothing they can do. Message boards are here for everyone's opinions. It's up to the mods to delete the attacks or "false" info but even that may be hard to do.
quote:Originally posted by ARI: I realize that there has been alot of talk regarding the posting of false information on message boards. My question is how much can one person change the price of a stock by posting either positive or negative comments? It would seem that there are millions of people trading daily, one post seems to me like a drop in the ocean.......I just wanted to hear your opinons....
-------------------- Charts are like artwork, it's the same painting to everyone but each person see's something different.
IP: Logged |
posted
none....zero.....nada....zip..zilch....did this post make a difference? Nahh.....just a waste of space.. GLTA
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;)
IP: Logged |
posted
Depends though. One person that represents a group buying effort can have a big impact. Someone posts here, then someone here carries it to another board, same thing happens there and before you know it, it snowballs into massive buying. It happens all the time and usually works in the short term.
IP: Logged |
posted
Thats not absolutely true, A 13 year old boy was arrested and made to pay millions in claims for manipulating the market using message boards. He became so good that thousands would actually follow his advice and no one knew his age. That is a rare case of course but it does show how message boards can be used. Groups use them all the time and is a key in getting there pick to run. Of course the group already started the flow of money into the stock so it looks like a wise investment but still they have that few that go to the message boards and implant that stock so it will get noticed even more.
But all in all, you or me can not effect a price of a stock by posting on this board.
-------------------- Invest with your brain not with your heart.
IP: Logged |
posted
Yes - one person's post can definately make a difference when dealing with sub-penny and penny stocks.
Also, when you have a group of people pumping a certain stock - it will obviously appear as the price is going up and it has absolutely nothing to do with the company's financial performance.
BB and PK stocks can be very easily manipulated, especially when there is low volume.
IP: Logged |
posted
To some extend for a short term to move it one or two ticks up. In no way to make a big difference on the market.
We are seing this once in a while here.
Most pennies run on momo, most people get on them because other are buying and once they are in become a race to the exit door, the last one get to hold the bag.
Let me suggest this to you.
Pick a subpenny .0005 with a thin ASK on the L2 get in it and then post some DD on it. Your sell is already in @ .0006 that is a 20% gain for you becuase you know that once you post it a few, lets say 20 people on this board will attempt to buy it, the MMS see this and raise the price quickly one of those 20 people attempting to Buy will buy your .0006 shares, so you got 20% that quick.
You may say what is 20% 1M @.0005 is 500 sell it at .0006 AND you got yourself 100. do this 5 times a week and you got a nice weekend.
The bad thing is for those get in at .0006 they hope the push is more so that they can sell @ .0007 or breakeven %.0006
sometimes they really pick up and run more because of the snowball effect and sometimes they just died
quote:Originally posted by Ric: Thats not absolutely true, A 13 year old boy was arrested and made to pay millions in claims for manipulating the market using message boards. He became so good that thousands would actually follow his advice and no one knew his age. That is a rare case of course but it does show how message boards can be used. Groups use them all the time and is a key in getting there pick to run. Of course the group already started the flow of money into the stock so it looks like a wise investment but still they have that few that go to the message boards and implant that stock so it will get noticed even more.
But all in all, you or me can not effect a price of a stock by posting on this board.
I seem to remember something on that. He even started his own web site and people were paying to be on it.
That said I think that certain people can help make a stock move. I know that if certain people post I have a look at what they are saying and I'm sure I'm not the only one. I seem to remember reading somewhere that allstocks gets 25,000 hits a day so word can spread pretty fast if something looks good. JMHO
-------------------- You never really grow up you just learn how to act in public.
IP: Logged |
posted
Where's the dog when you need him. We could do an experiment. I have seen it all. I think at on time rickpick threw a stock out and people would buy in just off that fact. Let BOB FREY post a penny stock and it will get a few eyes on it. Other people follow or lead their little groups.Let a person pick 5 100% gains in a row and I might pull the trigger on the 6th. Most of the time it has no effect. I am going to try and run a stock in a few weeks. I will let you know how big my net is.
-------------------- Amazing how much time we spend looking for the truth but never spend the time to get to the point.
IP: Logged |
posted
Jonathan Lebed was the kid's name. He made about $900,000 at age 15 if I recall correctly. He then gave back at least half of it to the SEC when he settled his case. Now he is running a stock picking website. He was featured in an interesting Micheal Lewis book if you care to know such a thing.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
GLTA
