Aug. 14 at 12:27 AM
$BINI Counterpoint: There are threads/boards where Stocktwits is an actual discussion board. These are the boards of relatively unknown companies (e.g.
$AENT,
$NVEC,
$PRT ). Some are profitable, some not. Some are valuable, some are absolute dogshot. But the fact that they are unpopular means they have neither spammers nor cheerleaders/detractors. Why would either bother? As a result, one can get actual information and chat with knowledgeable investors/posters.
When a stock gets popular (or even worse, infamous, like BINI), the noise to signal ratio increases 100x. 1000x. A popular board is a tool for pumpers to gain attention, not to disseminate real information.
But the worst part of a popular board is that it becomes an arena, a field of battle where keyboard warriors go to do battle with (longs, shorts, whatever).
A popular board is not a battlefield. It's a clown show. And it deserves to be treated as such.