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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: Fungi who wrote (682)1/21/1999 6:30:00 PM
From: 1st.mate  Read Replies (2) | Respond to of 1996
 
Gavin:

Now I got the time, Its your turn.<ggg>

I would like to address a point in your post that I may offer some opinion on.

Ever since Chad (post #378) brought up the possibility that it is mostly people on this tread that are making this stock rise and fall, I have been keeping track of the the relationship between the number of posts per day on this thread and the change in share price.

I have somewhat of a background in statistical math.
There would be a positive correlation on share price and the # of positive posts and the opposite would also be true(negative posts)...You will not be able to draw any correlation between posts and stock movement without intering into the equasion, positive and negative posts, time of day the posts ar made , which day this wes happening, special events each day etc...

My point, posts over several days all negative or positive will affect the share price. this is true as the posts change a portion of market perception!!!!that is the key..."Market perception" is what defines value...

eg...If eveyone in the world thought RKR was the best stock, there would be a shortage of paper, price goes up..Bad--price goes down...
Simple concept really, but it all falls back on perception!!!It applies to all things that are sold!!! the basis of commerice!!!

A change in price will affect the # of posts as most people will likely want to understand why...It is hard to get posts in a still stock...nothing hapening...what the hell is there to say..

Conclusion::

We had a lift in this share price, the posts are numerious over the preceding months, we have a settling in the share price today, be it one person dumped at the end of the day, likely to rise rather quickly again, we should have some more posts tomorrow....but then again this post will have a negative effect on negative posts tomorrow...Action reaction thing I guess...

Bottom line, while I find your comments on a sound basis, there is too many varibles to get a positive correlation with any meaning...You do the stats and get them working over 98 percentile and I will write the program to make us both rich<ggggg>

Have a superior night!!

1st.Mate

EDIT: No time to fix spelling!!!<gg> Don't know how!!