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Pastimes : Can SI Members Really Manipulate Stocks?

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To: Jeffrey S. Mitchell who wrote (56)7/31/1998 3:57:00 PM
From: Jonathan Boyd   of 461
 
Hi Jeff, good point-

>> c. What percentage of your trades was executed where information
>> obtained through Internet investment bulletin boards was the
>> primary impetus for the trade?

> I'm a little hazy on how I should answer this question. If I find
> out about stock XYZ on SI, and I spend hours poring over their web > site and SEC filings, does this still count as 100%? Or, because I > spent time off SI, that SI amounted to only a lead and thus is
> worth only 10%?

I would say that the way to answer this question is to ask yourself, "If I did not have Internet access, would I have made this trade?" I recognize that many contributing factors may have gone into the decision during your due diligence process, but in order to get a good sample size, the answer needs to be an on or off switch. So, in the above example, I think you should include XYZ in your Internet forum influenced portfolio. Thanks,

Jon

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