RE: The Dog Star Effect18 Feb 2020 22:21
@AD
Unfortunately money and greed brings out the very worst in people and these boards are a perfect way to try to sow seeds of doubt as often as they see fit without having to back up any negative statements. Robone, TSD and the bartle character are three I have seen on this board. Their MO always seems to be the same, one or two lines of negative sentiment, that garners generally polite responses, but they tend not to respond to the replies and certainly do not engage in any technical discussions. A perfect example was someone earlier stating that no news was bad news regardless of the statement made by the BOD relating to notifying the market if operations were to stray from the guidance they gave. They ignored this and posted the same message again a few hours later.
My take is there are a few reasons for these type of posters:
1. Schadenfreude-they really enjoy seeing people lose money and rubbing peoples noses in it and have no financial interest in the company. Maybe because they have previously done their nuts on AIM (maybe even the company they are posting about) and look for companies where the SP has dropped dramatically and want to gloat.
2. They have an open short-fair enough but why not declare it? They very rarely do.
3. They believe their comments may be able to convince enough people to sell and therefore drop the price further. If so they are misguided at best.
I know there is lots of talk on these BB’s about posters being paid to knock companies and there may be a small grain of truth (I have no info to support or refute this) in that but hell what a way to make a living.
I have no problem with people posting alternative views if it is backed up and certainly over the years i have saved a few quid by listening to them. However the lickspittles that have been rampant on here do not fall into this category.