Stock Discussion Forums: Useless
I’ve been following a few key stocks for months now, tracking their progress and gains/losses. Along with that I witness some very heated discussions on speculation about company progress and motives. The conclusion I have come to is that you are better off ignoring anyone else on a general stock discussion forum has to say.
To help prove my point here are some quotes I have gathered from my travels across Google Finance.
If it looks like poop and it smells like poop…it’s probably a piece of poop!
[This company] will be trading at around $10.00 a share by the end of the month.
This stock isn’t bad. I bought in at $2.78 and have seen nothing but positive results since then. Just wait or you could miss the next wave.
In fact, I’m not even sure it’ll take that long…i’m predicting by october/november we’ll see some major improvements…
I would seriously sell [this] right now. It’s high enough to make a small profit. I don’t think it can compete with XX and XYX.
Such hard facts and predictions! These people must be able to see the future, or they are kindly market analysts who spend their free time giving advice away on google finance. The truth is, everyone is just looking for someone who agrees with the risk they took. If they can convince you to join their risk, it will feel more comfortable for them.
I am not a market analyst nor a stock broker and I try not to pretend to be one on the internet. My advice is do your own research. Let the others think what (ridiculous thoughts) they want. I only suggest trolling the stock forums if you want a laugh.

Last week I heard about a new option in wedding extravagance. For a measly $2.2 Million, you and your spouse-to-be can travel 62.1 miles above the earths surface to exchange vows. Although, you had better make it a short ceremony, because even at that price you will only be weightless for 5-10 minutes.
