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Message Boards Settings SMTC Corporation (USA) (SMTX) - Quote Info
Re: Kaftan      7-Nov-09 05:42 pm    
I think that message board postings don't matter for larger stocks but look at the volume here and the total dollars traded every day. An increase in buyers at a rate of $5000/day would significantly move the stock up. Conversely, you might argue that an equal amount of shorting would drive the price down. I do not think that most investors would buy stock based on message board posts but I am sure some would and on thinly traded stocks, that is all you would need to move the price.

I don't post on the sites that these messages originate from because I think it would be somewhat inefficient. If someone is into message boards and gets an idea from a different board, I would think that they would go to the target stock board. Besides; I don't think the cut and paste job that the pumps do presents a credible promotion when it is exposed.

I am sure that in the long run, you are right about what will move this stock and that is profitability. I don't think that corporate profits are what the boiler room group is thinking about. As I noted earlier, I have not said a great deal about the company itself because that is not why I am here. Mabey the people that the boiler room sucks in will be luckey here but that is far from obvious to a casual investor. This particular group has spammed about some terrible investments that I am familiar with and I somewhat enjoy making sure that the record is set straight.
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As I have said before, the posts you cited do indeed lo...
corpen9 (2 Ratings) 7-Nov-09 02:11 pm  
 
Re: Kaftan
kaftangreg Not rated 7-Nov-09 05:42 pm  
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SMTC Corp. (SMTX)

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