Hi KOW
Thanks for raising the issue.
There really is no evidence at all that individuals can consistently identify winning shares or losing shares for that matter.
A few people have done it e.g. Warren Buffett. But even Buffett will tell you to buy an index.
So opening up such a discussion would get us nowhere and would generate a lot of heat. It would be impossible to moderate.
We have made a few exceptions over the years.
1) AIB had a crazy valuation and the company and everyone else said this. So it was important to point that out.
2) When the government floated it, I did an assessment of its value as it was a major public issue. I turned out to be wrong and then later right.
3) We have made an exception for Colm Fagan as he has written very entertaining and very informative articles about his shares.
There are other sites which do discuss shares e.g. The Motley Fool.
And Rory Gillen also does what you want, but you do have to subcribe.
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Brendan
I am not sure that any individual could pump the price of a share when millions of any share can change hands daily.Pseudonymous posting means that people could be holding shares and trying to pump the price of their own stock.
There are also potential issues with market abuse.
I remember back in the 80's there was a booklet called Oil Database that got a lot of us hot under the collar.
I am not sure that any individual could pump the price of a share when millions of any share can change hands daily.
I used to spend quite a bit of time on some of the UK AIM pennyshare forums. While I don't think people were trying to pump+dump shares, there were a couple of threads I was involved in where individuals seemed to have close relationships with execs in the businesses, which was creating quite a bit of hype in the forum and many of us putting quite significant sums of money into companies with very low trading volumes.I am not sure that any individual could pump the price of a share when millions of any share can change hands daily.
Some of the Irish listed companies would have very, very low trading volumes, one mining company had just 4 euro worth of trading today (Thurs 19 Dec 2019), share price is 0.0016 if you want to figure out what it is.I am not sure that any individual could pump the price of a share when millions of any share can change hands daily.
I remember back in the 80's there was a booklet called Oil Database that got a lot of us hot under the collar. I fancied myself as being a young millionaire.
It depends on who's doing it. There was a finance column in the Daily Mirror some years back, and the writers were using it to do a pump and dump. They would buy shares in a company, and then promote it.I am not sure that any individual could pump the price of a share when millions of any share can change hands daily.
While I try to read up on and look at professional opinion on the shares I find it difficult to read through the smoke.
Could I put forward the idea that maybe administrators could pick "share of the month" where one share could be open for discussion each month.
The idea been fools like me might get some type of idea of how shares are valued etc. Why the chosen share might/might not be considered good value by the AAM community etc.
Merry Christmas to all.
If professionals could really pick winning shares why would they bother writing articles in newspapers , they are getting paid to fill the newspaper column with rubbish that people read and think they are intelligent , do you really think some financial analyst in say the Irish times or whatever has any clue what way a share price is going to move ? If you gave me odds against on a monkey with a dart throwing at the stock pages versus any professional I would load up .
I have bought and sold a number of properties in a certain location in Dublin.
I have build three houses in a town in Wexford and bought three small sites.
But But
What has that got to do with picking winning shares?
Brendan
Say somebody worked in the aviation industry for many years.
Boss It is obvious to me that maybe you are unable to join up the dots due to over indulgence over the Christmas period
Brendan what I am trying to say.
Say somebody worked in the aviation industry for many years. They might have worked at different levels and for different companies in this industry.
If a discussion arose on the purchase of shares in this sector while I might not agree with what this person had to say and again at any time shares in this sector could crash I would listen to what is been said over comment by others who have no experience or knowledge in this sector.
We all agree in the risk/reward debate and while nobody can predict the future I will always listen to experience and knowledge and decide whether to pull the trigger or not.
Hope that explains what I am trying to say,
OHH maybe its me who has hit the sauce too hard, Diageo? Ops discussion barred,
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