Recognise this?10 Oct 2021 20:48
Bulletin boards. At the lower end of the market, these boards are used to encourage the naïve to buy into a stock. There are many who have multi-IDs who then literally have a conversation with themselves, in an attempt to generate excitement around the stock.
Should anyone post a contrasting opinion – they are called out as a ‘shorter’ or a ‘deramper’ and are the subject of abuse. Worse still, the group encourages everyone to ‘report’ the post in an attempt to have the post automatically deleted. This means that anyone viewing the board will only see one positive narrative because the posts that are automatically deleted are not reviewed by anyone. Those who own the bulletin boards don’t care about the actual content of the posts, because they’re not monetising the boards. What they monetise is the volume of traffic on the site, which they then sell in the form of advertisements and impressions.