The email tray of late has been inundated with correspondence informing me of a situation that is becoming more frequent. We post on a stock the said stock rises. Now far be it from me to tell investors how to invest but I must insist that Investors diligently research any post on this Blog and not to blindly rush in. It has become increasingly apparent that Day-Traders are using the Blogs to enhance their arbitrage/positions. Now I know this as the email subscription lists have increased dramatically with many of the subscribers of late coming from the City of London. The Blog is run for the benefit of genuine Private Investors.
I’ve just posted on Northern Petroleum and it jumped over 3.5% immediately.
The trades are not from investors they have to be from Day-traders. The trades in question could not of researched NOP in a few seconds or minutes.
If you day-trade on an anonymous Blog post no matter how successful that Blog has proven to be you will eventually come up short. There is no substitute for thorough research, Investors cannot circumvent it.
This Blog will if the need arises switch to a Private setting. Traders are making a fortune using the Blog. Well that’s all well and good and the best of British to them. (Traders do serve a credible purpose in the city). However once the web-site comes online then if needs be various measures will be considered to stop these abuses Full name &Address/ controlled site access/Possible subscription fees/ Contact telephone number to verify authenticity/ Supporting documents etc
Please be aware that research is the key to Investing.