I have never posted on the A@P thread, but do feel you guys at SI have made a huge blunder. One that should be inconceivable for an internet company. One time Silicon Investor was cutting edge information, a truly needed information medium for investors. (in the pre GNET days.) SI made an effort to give investors a forum to exchange ideas, thoughts, educate, enrage, disagree, motivate or just judge the validity of any given post on any given subject. A@P did that, maybe it was his style that turned off many people... but IF you could look past that you could probably find a lot of merit in his posts.
Much of the things A@P had to say was not things the powers to be of Wall Street really wanted the investment world to be educated about. A@P was not always right, but more times than not, he was pretty close to the target. Why I know? Because I too, spent about a decade in Wall Street and the Jersey City financial districts. This is probably the first time I have ever publicly posted this and the last. The reason I am now is because, I understood A@P's motives in many cases. Maybe the power your own forum scares your Board of Directors, maybe they don't know how to use it, maybe they just dont want the problems associated with it, maybe undo pressure from Wall Street . But one thing for sure if you do not do it someone else will. GNET may find itself mayor of a cyber ghost town, akin to the gold rush days when the mine played out. Except SI was not mining minerals they were mining information.
Now I will tell you a little story about the pre GNET days of SI, once upon a time I and a group of investors found ourselves invested in a little OTC company that was so screwed up and the losses were happening so fast on a daily basis, many of us could not find the exit fast enough, with out paying a xxx% admission to leave this investment, which many of these investors could not afford to pay. (Yes sometimes even the most experienced investors find themselves blind sided.) But thanks to the pre- GNET SI giving us the medium, we were able to mount some defensive measures and eventually a hostile take over of that company? and to this day I am still the CEO of that little company. I wont name it (TOU spamming ya know).
Maybe this was a fluke maybe it was an exercise into the power of information and of the internet and SI provided at one time. But I always felt that if A@P or Janice Shell and some of the other prolific posters kept a series of checks and balances on some of the more questionable investment opportunities. Does that sound odd for an OTC CEO to make such a statement??? Not if you are trying to run an honest business, but if you are looking to hurt the public investors... look out. Personally I do not think they are the cyber vendetta many try to portray them as. I also think you guys are caving into the objectiveness contained in informational posts, that will be lost if a person can only post nicey nice positive things about any given company.
Feel free to pull this post, ban me or whatever, it does not really matter because I think you will find out the information mine SI once tapped is starting to peter out.
Good luck to A@P... and if investors seek it dont deny them your thoughts.
KAA
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