Grant, your post on your interaction (or the lack
Post# of 43064
I must admit I don't talk to the CEOs of the companies I invest in either. I don't do plant visits. I keep track of world events and micro and macro economics.
You read all the information available on JBI and call that "DD". Well, I must agree that is DD. My friends do DD too. It has nothing to do with making a choice of a particular stock. It has to do with is reassuring yourself you have made the right choice afterwards. And the more you do it, the more you reassure yourself.
That does not mean you have made the right choice...
I don't spend a lot of time doing "DD". I spend lots of time making choices.
Think about it.
The wildest thing is the fact that you share information with and likely make decisions based on information shared with other anonymous posters that you think are "Credible". I find this amazing. This term gets thrown around on SMBs. I have yet to figure out exactly what investors are talking about.
As far as am concerned, any poster that accurately predicts a price movement is credible. So anyone that predicted that JBI would fail within the last 5 years is credible.
What does it mean to you? I am really curious.
Does posting positively on any stock make a person "Credible"? Why? How? Even if the stock goes to the current level of PTOI from $7? Or something...
Is it as simple as the poster is supporting his stock by posting positively, whether they objectively believe what they are posting or not? (if they believed the stock would fall and were truthful they would not post positively.. and if they posted positively in error and it did fail, they could not consider themselves "Credible". How could they?
If your investing philosophy is to invest in what you consider to be good penny stocks, listen to SMB posters, and to post in an effort to boost the stock price I suggest you rethink that. I myself use a variety of online tools, and I consider reading the paper every day, the online news, and using your noggin to be the most valuable tools available.
I cannot say that I have never fallen prey to spam, invested in an SMB stock, or simply did what my friends had done.
I am actually really interested in this Credibility thing...