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Well, but hang on a moment... forums aren't truth centers, they're just forums

Posted by: Checked Out (a.k.a ZnLProd) on May 08, 12:42 in response to RogerMore's post To be clearer, proper functioning of a market relies on...

There's no guarantee that anything posted here is 'true' or not. I think that's lopreste's point. If he really wants to go around shouting "I'm long 100k of Superman Part 87, and everyone else should be too, it's trading at H$10 now , but going to adjust to H$750!!" - why shouldn't he be allowed to? Smart savvy traders will do their due dilligence and realize he's either trying to manipulate the price, or just not very smart. But either way, why is it a crime to post that? Because 10 other idiots might buy and he might squeeze out H$0.25 in profit?

I respect your point in a real market about full disclosure and transparency in terms of real customer funds and publicly traded companies in the real world, but this is a game, a simulation. Why shouldn't the idea of 'gray news' play a role ? A better question is would any of the legitimately good / seasoned traders even care or notice it ?

I would totally be on your side in this case if the delist price had anything to do with fluctuations or fake/bad info - but since the adjust and the delist are totally determined by publicly published unarguable numbers from trade magazines, I'm confused why it would bother anyone.

I will agree/concede his post belongs more in the Playing and Strategy boards tho, and not the Movies boards.

ok, new question. Where can one go to find or create call to actions??? something tells me this lopreste May 08, 10:33

in one's own mind seems to be safest! {nm} DASavage May 08, 10:35

I think the point is to disallow calls to action, to prevent market manipulation. elchan May 08, 10:38

That would be Broadway and Wall St, ever since the Buttonwood Agreement in 1792 :). {nm} fred_ott May 08, 10:38

But you can't really manipulate the market - box office receipts come in and the price adjusts. Who cares what you post? Checked Out May 08, 10:41

Sheep follow sheep and wolves that mix in can make an H$ or two. {nm} Catzan May 08, 10:47

Exactly!!! lopreste May 08, 10:48

From your posts on this subject, I don't think you have much of an idea how markets - either real world or here - actually work. {nm} RogerMore May 08, 10:52

Apparently you cant read {nm} lopreste May 08, 10:55

To be clearer, proper functioning of a market relies on there being information that can be trusted by investors. RogerMore May 08, 11:01

Very good reply, thank you. {nm} BorderLand May 08, 11:05