Re: Bias on the board
in response to
by
posted on
Apr 03, 2008 08:15PM
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I think it's natural that if we dismiss obvious pumps and obvious bashes, there will be a bias towards optimism towards the stock. I've noticed that real pessimism involves silent bullboards and a post or two a month. I've done this myself -stopped posting on a stock, shut up, and just moved on.
Having said that, I don't dismiss legitimate points raised -I may argue with disagree with, or counter them, but I always think about them. The biggest mistake you can make about investing is to not admit what you do not know.
Maybe if Webb isn't comfortable doing interviews, he could do one of the "CEO clips" or an infomercial. One of my other juniors, CRN, is advertising on BNN, and it seems to have some effect in terms of price stability (I've noticed less volatility). It really hasn't gone up in price, though.
I've also noticed an "interview effect," where a junior will have an interview on smartstox(another advertising possibility) or one of the penny stock rags, go up in price for a week, and then go right back to the former price. In fact, I wouldn't buy a stock if it's been in a penny rag in the last week. I'd just wait.
This is not to be too cynical -there must be some long term exposure benefits. Maybe some people start thinking about the stock who weren't before.
To make this stock really move, we need investors with deep pockets moving back into the junior market.