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Pastimes : SI vs. iHub - Battle of the Boards Part 2 -- Ignore unavailable to you. Want to Upgrade?


To: (Bob) Zumbrunnen who wrote (2450)5/23/2001 4:40:47 PM
From: smchan  Read Replies (1) | Respond to of 5315
 
Understood Bob. My interpretation of the post below is that general stock picking boards are, in fact, "personal" boards ergo it's "anything goes". Matt tells us he will ask those involved in "blatant manipulation" to leave. IMHO, translated loosely, that means "it's ok to manipulate stocks on personal boards as long as you don't get caught." It's almost like a cop saying to a robber, "I'm going to arrest you if I see you blatantly stealing." Well, who's dumb enough to do that?

investorshub.com

The Lounge, Stock Clubs, IH Talk:
-These fall under the TOU, but are allowed quite a bit of flexibility to become 'their own' since the discussion is 'theirs'
-I stay very hands-off on these boards. They are the Arhcie's Corners, Patsy's, etc. General market discussions or off topic boards..It's a gathering for their friends. I only step in if there is blatant manipulation. IN which case I ask the leader to leave.


and

On IH, no board for a specific stock can be started under the realm of 'personal boards' meaning they can't delete for anything, at will. But on SI, RB you can cut posting privs off to anybody.

The bold emphasis is Matt's; not mine.

I read all of this to say I could create a general daytrading board, for example, and front run every pick I post there. Certainly, if the board were popular enough, that wouldn't be very difficult and per the rules, there's not much that can be done about - as long as I don't get caught. (Something tells me that Matt won't be asking for trading records, so the front-running wouldn't be blatant unless I said something to someone.)

Sam



To: (Bob) Zumbrunnen who wrote (2450)5/23/2001 11:25:11 PM
From: Mark Marcellus  Respond to of 5315
 
Just a guess, but I think the powers behind IHUB have more confidence in their ability to keep Matt in check when it counts than they did with you. After all, even if we do assume nefarious schemes and hidden agendas on that site, it still doesn't matter what the Admin does 99% of the time.

IMO, ultimately Matt is going to be faced with the choice of losing his principles or losing his web site. But time will tell.