1. People come on these boards and bash a company on its way down
2. stock goes lower and lower
3. lower than it should be because people are being scared into selling
4. those scaring you buy your stocks from you for cheap
5. stock price goes up "wow I should not have sold that, oh well, that sucks"
6. This is meant to be dispassionate, trust in your initial investment and instinct, don't let them scare you into selling your stocks for less than they are worth.
7. This company has a buy rating from many analysts and a stock price estimate of 14 to 20 dollars.
8. it had a drug banned, stock price fell from 20 to 5, now that drug ban is lifted with certain restrictions. this is GOOD news. the drug is approved in australia and they are hoping to get it into japan, this is GOOD news. None of those involve a buyout, just the idea that they have an APPROVED drug now and their stock is worth way less is important.
9. I don't care about who you are, but you bought this at a good price, its approved, the only surprise that could happen now is a buyout.....which is a positive surprise. Despite the buyout happening the stock is valued at 14 bucks and over. You win.
If people are stupid enough to believe obvious basher and pumper posts on a mesasge board, they have no business investing in anything.
The affects of those kinds of Yahoo posts do NOTHING to the stock price.
On the other side there are even more people who come on these boards and pump the stock up to a.) recoup the money they lost from their initial investment or b) they are actually shorting the stock and are trying to raise the price by lying so they can make more off their short.
You may be right about some of the posters, but constructive optimisim is a positive thing, manipulative pessimism or dissemination of falsehoods is not. (different from thoughtful discussion about risks, etc.).
Should we say "Hooray to those that want a company making life-saving drugs to succeed" or "Hooray for those that want a company making life-saving drugs to fail"?
If it was your company, or if you had CML would you begrudges the so-called "pumpers"? I think not!
Sir Wolf, et al.
I'm tempted to start a blog with RATIONAL, FACT BASE POSTS (long and short), and would serve as editor.
GIVE ME A THUMBS UP IF THERE's INTEREST IN THIS?
Sentiment: Strong Buy