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  1. #41
    Snakey's Avatar
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    Default Re: WMT - Western Metals

    Admin note: The following 10 posts were split off from the 'WMT - Western Metals' thread and moved into this thread:

    Quote Originally Posted by jemma
    It called accumulation before moving significantly higher, which is what will happen next week.
    This is Big Brother
    Housemates....This forum has no place for foresight, optimisium, judgement, opinions or predictions. Please if any one has a opinion ....keep it to yourself as it will be seen as either ramping for a nice exit or down ramping for accumulation. Thank You
    Last edited by Joe Blow; 8th-February-2007 at 11:40 PM. Reason: Added admin note

  2. #42

    Default Re: WMT - Western Metals

    Sorry snakey, but I would have to side with Joe. I would rather see the "prediction" backed up by even some sort of analysis, or even a chart. While it might be fine to write DYOR at the bottom of the posts if you get told something long enough after a while you might start to believe it. I would rather learn the method in arriving at the future price than the straight statement.

    I do hold WMT and would love it to go higher. But I would rather be on for a nice steady climb than a huge ramp and then the **** fall out of the SP.

    Cheers martin

  3. #43
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    Default Re: WMT - Western Metals

    Quote Originally Posted by x2rider
    Sorry snakey, but I would have to side with Joe. I would rather see the "prediction" backed up by even some sort of analysis, or even a chart. While it might be fine to write DYOR at the bottom of the posts if you get told something long enough after a while you might start to believe it. I would rather learn the method in arriving at the future price than the straight statement.

    I do hold WMT and would love it to go higher. But I would rather be on for a nice steady climb than a huge ramp and then the **** fall out of the SP.

    Cheers martin
    Agree x2rider but i think jemma genuinely believes that this will go up again soon and think shes entitled to an opinion. Sometimes its very hard to give reasons. Especially when you not using analysis or fundermentals to predict movements. We all predict movements in different ways and some of those ways are not describable with charts and fundermentals. If this forum is only for charties and fundermentalists then I have no place here.

  4. #44

    Default Re: WMT - Western Metals

    Quote Originally Posted by Snakey
    Agree x2rider but i think jemma genuinely believes that this will go up again soon and think shes entitled to an opinion. Sometimes its very hard to give reasons. Especially when you not using analysis or fundermentals to predict movements. We all predict movements in different ways and some of those ways are not describable with charts and fundermentals. If this forum is only for charties and fundermentalists then I have no place here.
    Thanks snakey, what Joe does not understand is that if you watch a stock every day for 3 hours, you get a feel for the individual way it moves, every stock moves in its own way. Joe Blow does not allow for this.

  5. #45
    Administrator Joe Blow's Avatar
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    Default Re: WMT - Western Metals

    Snakey, if you are not using any type of analysis to predict price movement, then what are you using? A hunch? Tea leaves? That crystal ball of yours?

    It's easy enough for anyone to post in one of the stock threads here that a stock is going to go up next week. If its based on nothing but a guess or self-interest, then what does that offer to others who are reading the thread? Absolutely nothing. There is much to be learnt here at ASF. Almost 5000 threads now, some of which are absolute gold. I have learnt a great deal in the two and a half years this forum has been around. I have learnt much from those who offer up their knowledge for no cost to explain different methodologies, forms of analysis, trading systems and so on. I have never learnt anything from a ramper. I suspect nobody else has either.

    Ramping is like a disease on stock forums. Wherever you seem to go, stock market forums the world over - by and large (there are exceptions) - seem to be polluted with rampers and ramping. One of the reasons I started this forum is because I wanted to create a stock forum that was friendly (as possible ), had a sense of fun, and most importantly, as little ramping as possible. I never realised how difficult it would be. Ramping is an absolute plague. The mods and I fight it every day and the battle just gets harder and harder. I understand that holders want their stocks to go up. I currently hold stocks and I would like them to go up. But ramping is a cop out. Why are the only people ramping stocks those who hold them? Because they are motivated by self-interest and nothing more. Yes, it is harder to learn how do a fundamental analysis on a company or to learn different ways of analysing price action but at least when people present some facts and analysis in a post they are giving others something to chew on and work off. Rampers offer up nothing.

    All I ask is that if people are going to post in the stock threads (other threads in the other forums I only ask that people keep on topic) then every post should offer something to the reader. Every post (with the odd exception of course) should be useful in some way even if the poster is just asking an interesting question.

    It's funny, the harder I get on ramping, the more the traffic to ASF increases. It gives me confidence that my policy is the right thing for this forum. The feedback I have gotten is that people like that there is more signal and less noise here than on many other forums. I plan on doing my best to try and keep it that way.

    For those that just want to chat during trading hours, I suggest trying the ASF chatroom which you can reach by click on 'Chat' in the navigation bar above. In the stock threads I would really prefer simply to see information and analysis. And the odd joke of course.

    So I will continue to crack down on ramping and will be instructing the mods to do the same. For those who wish to ramp there are plenty of other forums that will welcome you with open arms. Unfortunately ASF is not one of them.

    This post was not aimed specifcally at you Snakey but is just a general comment on my views on ramping on why I run this forum the way I do.

    Edit: I will probably move this post and any responding to it to the offical ramping policy thread later tonight so feel free to respond to this post in this thread, even though it is *ahem* off topic.

  6. #46

    Default Re: WMT - Western Metals

    Quote Originally Posted by Joe Blow
    It's easy enough for anyone to post in one of the stock threads here that a stock is going to go up next week. If its based on nothing but a guess or self-interest, then what does that offer to others who are reading the thread? Absolutely nothing.

    Ramping is like a disease on stock forums. Wherever you seem to go, stock market forums the world over - by and large (there are exceptions) - seem to be polluted with rampers and ramping.


    Keep up the great work Joe. Hot copper is only a few clicks away for anyone that doesn't like the policy.

  7. #47
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Joe Blow
    Snakey, if you are not using any type of analysis to predict price movement, then what are you using? A hunch? Tea leaves? That crystal ball of yours?

    It's easy enough for anyone to post in one of the stock threads here that a stock is going to go up next week. If its based on nothing but a guess or self-interest, then what does that offer to others who are reading the thread? Absolutely nothing. There is much to be learnt here at ASF. Almost 5000 threads now, some of which are absolute gold. I have learnt a great deal in the two and a half years this forum has been around. I have learnt much from those who offer up their knowledge for no cost to explain different methodologies, forms of analysis, trading systems and so on. I have never learnt anything from a ramper. I suspect nobody else has either.

    Ramping is like a disease on stock forums. Wherever you seem to go, stock market forums the world over - by and large (there are exceptions) - seem to be polluted with rampers and ramping. One of the reasons I started this forum is because I wanted to create a stock forum that was friendly (as possible ), had a sense of fun, and most importantly, as little ramping as possible. I never realised how difficult it would be. Ramping is an absolute plague. The mods and I fight it every day and the battle just gets harder and harder. I understand that holders want their stocks to go up. I currently hold stocks and I would like them to go up. But ramping is a cop out. Why are the only people ramping stocks those who hold them? Because they are motivated by self-interest and nothing more. Yes, it is harder to learn how do a fundamental analysis on a company or to learn different ways of analysing price action but at least when people present some facts and analysis in a post they are giving others something to chew on and work off. Rampers offer up nothing.

    All I ask is that if people are going to post in the stock threads (other threads in the other forums I only ask that people keep on topic) then every post should offer something to the reader. Every post (with the odd exception of course) should be useful in some way even if the poster is just asking an interesting question.

    It's funny, the harder I get on ramping, the more the traffic to ASF increases. It gives me confidence that my policy is the right thing for this forum. The feedback I have gotten is that people like that there is more signal and less noise here than on many other forums. I plan on doing my best to try and keep it that way.

    For those that just want to chat during trading hours, I suggest trying the ASF chatroom which you can reach by click on 'Chat' in the navigation bar above. In the stock threads I would really prefer simply to see information and analysis. And the odd joke of course.

    So I will continue to crack down on ramping and will be instructing the mods to do the same. For those who wish to ramp there are plenty of other forums that will welcome you with open arms. Unfortunately ASF is not one of them.

    This post was not aimed specifcally at you Snakey but is just a general comment on my views on ramping on why I run this forum the way I do.

    Edit: I will probably move this post and any responding to it to the offical ramping policy thread later tonight so feel free to respond to this post in this thread, even though it is *ahem* off topic.
    Well joe im not a ramper (calling movements on stocks for self benifit) I call movements on stocks for other peoples benifit ( that is if they decide to listen) its their choice, their money, their descision. I understand your position on ramping and I want to use a reputable forum as with most people.
    I dont have a crystal ball ...I predict movements by behavior of the stocks... same as jemma...how do you describe that in a post ?I have no idea. I used the crystal ball as an excuse because I must give a reason for my claims.
    I do use fundermentals and charting to back my predition. Sometimes though I feel you can be a bit harsh see my top 20 thread. I cant see how posting a stock code by itself can be called a ramp. I posted WMT because I like this stock and also wanted to bump the thread to increase its awareness. This was a great thread and it was a great shame to close it. I posted one stock individually at a time to maximise my opportunity to bump the thread for awareness only. I also bumped it with my favourite stocks. Still working on rule change to reopen thread.
    I dont know if we have achieved anything today with this discussion ...maybe just more awareness.
    Snakey
    Last edited by Snakey; 8th-February-2007 at 09:26 PM.

  8. #48
    Administrator Joe Blow's Avatar
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Snakey
    Well joe im not a ramper (calling movements on stocks for self benifit) I call movements on stocks for other peoples benifit ( that is if they decide to listen) its their choice, their money, their descision. I understand your position on ramping and I want to use a reputable forum as with most people.
    I dont have a crystal ball ...I predict movements by behavior of the stocks... same as jemma...how do you describe that in a post ?I have no idea. I used the crystal ball as an excuse because I must give a reason for my claims.
    I do use fundermentals and charting to back my predition. Sometimes though I feel you can be a bit harsh see my top 20 thread. I cant see how posting a stock code by itself can be called a ramp. I posted WMT because I like this stock and also wanted to bump the thread to increase its awareness. This was a great thread and it was a great shame to close it. I posted one stock individually at a time to maximise my opportunity to bump the thread for awareness only. I also bumped it with my favourite stocks. Still working on rule change to reopen thread.
    I dont know if we have achieved any today with this discussion ...maybe just more awareness.
    Snakey
    Snakey, I'm not trying to pick on anyone I'm just trying to maintain some standards. There is no corporate money behind this forum. I'm an ordinary bloke living in an ordinary house on Brisbane's southside. I drive a $4000 Commodore and tonight I am drinking a cleanskin $4 Merlot I ordered by the dozen off the internet. The fact that this forum is even as big as it is (I believe its the third or fourth busiest in the country) is a miracle. I'm not a businessman, I'm just an interested amateur like many others. What I'm trying to do with ASF is to create a different type of stock forum, because I know there are a lot of people who tired of all the ramping on other forums. Incidentally I'm not calling you a ramper (even though you have ) as I know you are capable of better.

    Lets all try and maintain the higher standards here just because I'm sure we all want to be able to go to a stock forum where we don't have to put up with posts like this:

    This stok will be $12 by next week!!!! Someone in the know gave me the good oil!!! The train is leaving the station!!! Get on now or miss out!! Toot Toot!!!!!!"
    This forum was orginally a exercise in community building. If I'd been more interested in gardening than the stockmarket someone would now be browsing www.aussiegardeningforums.com. That's why it has the friendly feel of a stockmarket club, not a kindergarten playground like many other forums. I never thought it would be a business. Now it is, so I want to create a stock forum with a difference. It's not easy but the mods and I do our best. There is very little problem with personal attacks here (it does happen but its managable). The biggest problem is with ramping and it's the problem that the mods and I need the most help in combatting! I am confident that most ASF members want to be part of the solution rather than part of the problem!

  9. #49
    Snakey's Avatar
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Joe Blow
    Snakey, I'm not trying to pick on anyone I'm just trying to maintain some standards. There is no corporate money behind this forum. I'm an ordinary bloke living in an ordinary house on Brisbane's southside. I drive a $4000 Commodore and tonight I am drinking a cleanskin $4 Merlot I ordered by the dozen off the internet. The fact that this forum is even as big as it is (I believe its the third or fourth busiest in the country) is a miracle. I'm not a businessman, I'm just an interested amateur like many others. What I'm trying to do with ASF is to create a different type of stock forum, because I know there are a lot of people who tired of all the ramping on other forums. Incidentally I'm not calling you a ramper (even though you have ) as I know you are capable of better.

    Lets all try and maintain the higher standards here just because I'm sure we all want to be able to go to a stock forum where we don't have to put up with posts like this:





    This forum was orginally a exercise in community building. If I'd been more interested in gardening than the stockmarket someone would now be browsing www.aussiegardeningforums.com. That's why it has the friendly feel of a stockmarket club, not a kindergarten playground like many other forums. I never thought it would be a business. Now it is, so I want to create a stock forum with a difference. It's not easy but the mods and I do our best. There is very little problem with personal attacks here (it does happen but its managable). The biggest problem is with ramping and it's the problem that the mods and I need the most help in combatting! I am confident that most ASF members want to be part of the solution rather than part of the problem!
    Ive looked at hot copper and all that forum does is confuse me (Baffle me with bullsh*t) This forum is quality and I want that to continue. I would just like to see a bit of flexability towards opinions. I think the ramping example you gave was ramping in its true form... this is the type of thing we dont need but I think a post of a stock code alone can not be concidered a ramp.
    freedom of speech is a good thing but there is a time and a place for everything. Just looking for a little understanding. ASF is a great site joe
    and I congratulate you on it.

    Keep up the good work and maybe we can have a beer one day

  10. #50
    Administrator Joe Blow's Avatar
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Snakey
    Keep up the good work and maybe we can have a beer one day
    As long as its not a XXXX I'm down.

  11. #51
    Hatchet Moderator doctorj's Avatar
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    Default Re: Official ASF Policy on Ramping

    XXXX was invented by an english fella - it never really had a chance. Try just about any brew from the good folks at Matilda Bay for a good drop.

    I'll buy you one next time you're in Perth. You can find me at the Lucky Shag
    Let blockheads read what blockheads wrote.” - Warren Buffett

  12. #52
    Ralph Nelson Elliott Porper's Avatar
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Snakey
    I think a post of a stock code alone can not be concidered a ramp.
    I am sure most members on ASF would consider a post of a stock code only is l00% ramping.Also, if ASF allows people to just post "feelings" that a stock can move up, we will be inundated with rampers.

    Let's face it some members are just trying to find a way to ramp and pacify Joe.

    Stick to your guns Joe you and the mods are doing a good job.
    My posts are for educational purposes only and should not be taken as financial advice in any way.

  13. #53

    Default Re: Official ASF Policy on Ramping

    I really support "The feedback I have gotten is that people like that there is more signal and less noise here than on many other forums. I plan on doing my best to try and keep it that way." I found HC before ASF but it is increasingly getting b. hard to find anything in the HC threads (and there are 100s posted daily) that is of value as most of them are out and out ramping (eg gunna explode Monday, bet the house, etc) or worse. The down rampers there are also extreme - eheheheh. Rather have quality than quantity!
    DYOR, I win, I lose - "Any sufficiently advanced technology is indistinguishable from magic." A C Clarke

  14. #54

    Default Re: Official ASF Policy on Ramping

    I'm new to this site, but I had to be suspicious of someone with 2 mil shares predicting the price to double. The market yesterday bears out my suspicion. It's a pity the thread did not get pulled earlier, before I and others wasted their time.

  15. #55

    Default Re: Official ASF Policy on Ramping

    Quote Originally Posted by doctorj
    You can find me at the Lucky Shag
    That is the BEST name for a pub!

    if only I could get one!

  16. #56
    Garpal Gumnut's Avatar
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    Default Re: Official ASF Policy on Ramping

    Agree, Joe, ramping should be expunged, but its so obvious when its done, although it does clog up the system . Garpal

  17. #57

    Default Re: Official ASF Policy on Ramping

    We need consistence to apply, sure there are grey areas, some are jumped on, yet others seem to be impervious?

    Blatant ramps are obvious to all, but some are worded in a clever manner to create a manifestation of reason.
    Many comments are innocent regarding the above.

    The challenge is to get it right.

    Bob.

    P.S. I applaud this site.

  18. #58
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    Default Re: WMT - Western Metals

    Quote Originally Posted by Porper
    I am sure most members on ASF would consider a post of a stock code only is l00% ramping.Also, if ASF allows people to just post "feelings" that a stock can move up, we will be inundated with rampers.

    Let's face it some members are just trying to find a way to ramp and pacify Joe.

    Stick to your guns Joe you and the mods are doing a good job.
    How???
    A stock code is a stock code ....Maybe a down ramp?
    If all I want to do is ramp I would not bother with this forum. Did you read the thread we were discussing porper???

  19. #59
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    Default Re: Official ASF Policy on Ramping

    Quote Originally Posted by Little1
    I'm new to this site, but I had to be suspicious of someone with 2 mil shares predicting the price to double. The market yesterday bears out my suspicion. It's a pity the thread did not get pulled earlier, before I and others wasted their time.
    Which thread are you talking about little1????

  20. #60

    Default Re: Official ASF Policy on Ramping

    Quote Originally Posted by Bobby
    We need consistence to apply, sure there are grey areas, some are jumped on, yet others seem to be impervious?

    Blatant ramps are obvious to all, but some are worded in a clever manner to create a manifestation of reason.
    Many comments are innocent regarding the above.

    The challenge is to get it right.

    Bob.

    P.S. I applaud this site.
    What you are saying is to ramp with justification. That is what makes the reader contemplate the post and think...Hmmmm maybe there is a bit of truth in their comment. We all do it... creating interest in the stock we hold or are going to. Definately make your ramps more interesting and informative please folks.

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