Why is it that crappy stocks like RSH get so many posts, but actual good stocks like EMN have nearly no posts? It's such an awesome contrarian indicator.
LOL RSH in an obvious weekly down trend, EMN is basically the opposite. I think most people just don't know how to make money in The Market. Money flows from the handz of the many to the few. This might be why there are more posts from failing small traders (about RSH) than winning large traders, who really have nothing to say anyhow, other than "trade with the trend". Reminds me of pure democracy...... the mediocre masses can't succeed in business so they vote to confiscate the wealth of those who do, and the government makes it their business to facilitate the process :eek: Good thing The Market still rewards success, though it is punished by the authorities
it's obvious why RSH is exciting to many retail investors. they see it as a lottery ticket. Currently trading at $1.40, been as high as $4.00 within the past year.
Its a pump and dump. The majority of the posters for these "disaster" companies do so in an effort to hopefully attract some novice investors. Basically they are trying to gain liquidity from retail accounts to fund their short position. It happens on a lot of sites including stocktwits, reddit, yahoo message boards, here and many more. Usually it is just one guy setting up a bunch of accounts as well. Also if your on a message board looking insights or doing research you are far from ever getting anywhere in the stock market.