Just some thoughts… If you follow the message boards you undoubtedly have seen 2 extremes in opinions being posted (the “Pumpers” and the “Bashers”). You will likely have also seen the more logical and sensible middle of the road posters that simply ask prudent and reasonable questions, and give reasonable and thoughtful opinions. Also, much more difficult to spot, are the majority of investors that you never see… the “lurkers” as they are called. Just because you don’t see them doesn’t mean they aren’t there. And just because they don’t post, doesn’t mean they are not investors (perhaps substantial investors), and/or, it doesn’t mean they are unintelligent or too illiterate to post their opinion.
To illustrate our point, next time you visit a message board, check out the “views” and “followers” of that board, as most boards will display these stats. These numbers represent the activity on the board. On some days you will notice tens of thousands of views, yet you will see maybe only posts numbered in the hundreds. Just a rough calculation on various days we have checked, it appears there is about a 10 to 1 ratio of posters, to readers. In other words, for every poster, there is likely 10 “lurkers”. The lurkers read the material, and make judgments on the material.
Bashers… this is a post mostly about the bashers. We have posted previously about basheres, here, here, and here to list a few. In these links we believe it will be apparent about our opinions on bashing. Bashing for profit, although disgusting because of the harm it does to real “investors”, it could be justified to some extent, if all you care about in life is money. However, to bash for fun, or vindictiveness… is just plan sick. There is something really psychologically wrong with you if you get a thrill out of causing someone else pain or financial hardship.
The bashers over on LieHub, for the most part, appear to be in the latter group referenced above, namely they find joy in causing others pain and financial hardship. We guess in some sick and twisted way it makes them feel superior to others.
Although there are many unanswered questions about IC Punch Media, now (or soon to be) VU Media Corporation, they are just that, unanswered questions. Bashers LOVE unanswered questions. Why… because if there are no answers they are free to make something up and call such an answer. Its easy, because there are no facts (answers) to prove them wrong. Bashers HATE facts ! Its like kryptonite to superman. Present them with facts and they run away as fast as they can, i.e. change the subject. Its called deflection. If you want to see professionals “deflect”… just watch any news conference with a politician , or of course, watch a basher when confronted with real facts.
Now, there is an well know concept in the investing world… bashers don’t bash a bad stock (company). See the Bashers Handbook here. You will notice this is “Lesson #1” in the Bashers Handbook. Why… what’s the use…what good will it do, the company is already dead.
There was a time, just after the crash of IC Punch Media (the divestiture caused by infighting between company executives) that the stock was falling like a rock. Bashers were almost non-existent at that time. Yes, there were a few hard core bashers gloating over their perceived superior intelligence about the company being no good, and a lot of “I told you so’s”… but for the most part they were quiet.
Now… the bashers are back at it… and hard ! They see the company is starting to recover from the devastating events of late, and they are back to their same old tired bag of tricks to drive the PPS down, by bashing the company, and anything and everything about it. Don’t fall for it. Their actions and motives are transparent. They exist, and post, with a sole effort and mindset to cause you, the real investor, harm and financial hardship.
Some will think… they can fight the bashers. You can fight the bashers, but you can never win, because they don’t fight fair. They are willing to outright lie, slander, make up “facts”, assassinate characters, and use foul language to make their point (are you???). AND… they have the advantage over on LieHub because the site operator supports their behavior. When YOU try to rebut their unsupported lies… they delete your post. YOUR post is never seen, and they are laughing all the way to the bank because the viewers only see their bashing posts, and nothing positive, and factual, about the stock or company. Trying to fight the bashers would be like taking a knife to a gun fight. You don’t stand a chance ! In fact, when you try to fight them it only makes their job easier because you give them opportunities to rebut a ghost opinion (remember… your post will get deleted, but they can still respond to it). They can even quote you for something you never said, because your post is not there to be viewed.
The best way to combat the bashing… is to do your own due diligence (DD). If you read something the bashers write… go check it out yourself. The Internet is a wonderful thing for research. Within minutes you can uncover the truth about whatever issue you search for. Can you believe everything you find on the internet, of course not, but in most cases any valid and truthful information that you find will be supported by independent documentation. Here is an example of such research. Click this link to the News page on our website, and navigate down to the date 2/15/2013. Click the link that says see the report here. When the report loads, navigate to what is listed as page #9 in the report. You will see what the bashers failed to post, or mention in their bashing posts on the subject. This issue is from February, but the bashers still reference this almost daily in their posts. They think readers are too stupid, or lazy, to investigate the trash and lies they post. This is just one example of how doing your own DD will reveal the truth about trash the bashers post.
And remember what we stated at the beginning of the post… bashers LOVE unanswered questions. You will not be able to find any direct response research information on an unanswered question. So… if you see a known basher answer the question… you know its simply their unsupported biased opinion, based entirely on the thoughts and wishes in their sick and twisted minds. Depending on the question, you can still do research, and based on other supported documentation, draw your own opinion on possible answers to the question.
Wow… a long post for us… if you got this far, thanks for hanging in there. In short, the post is simply trying to help you understand that there is no substitute for doing your own DD. Don’t believe anything the bashers OR the pumpers say… investigate the issue on your own and draw your own conclusions… then invest accordingly.
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