the average stock trader is dumber than typical

JR · 10-14-2003

unfucking believable!

read this post.

http://www.gofuckyourself.com/showthread.p...50&pagenumber=1

so you understand that there is some pretty solid evidence to blow Acacias patent claims out of the water.

then check this out on a board for Acacia stock.

http://finance.messages.yahoo.com/bbs?.mm=...80497&mid=21730

difficult to believe that the average investor here is so completely fucking dumb that they dont have the slightest clue what they are investing in and what factors affect the stock price and are making it go up and down.

Winetalk.com · 10-14-2003

Quote:

Originally posted by JR@Oct 14 2003, 11:09 AM
unfucking believable!

read this post.

http://www.gofuckyourself.com/showthread.p...50&pagenumber=1

so you understand that there is some pretty solid evidence to blow Acacias patent claims out of the water.

then check this out on a board for Acacia stock.

http://finance.messages.yahoo.com/bbs?.mm=...80497&mid=21730

difficult to believe that the average investor here is so completely fucking dumb that they dont have the slightest clue what they are investing in and what factors affect the stock price and are making it go up and down.

not all of them:

http://ragingbull.lycos.com/mboard/boards....d=ACTT&read=142

JR · 10-14-2003

i have never really read those types of boards.

what a bunch of ignorant assholes. funny. they seem to have no clue about anything. they are investing in Acacia and dont seem to know what the company is, why stock is going up... why it could crash at any second.

i am really dumbfounded.

amazing.

i should have been a broker

JR · 10-14-2003

"Acacia's ticker is ACTG not ACTT"

Winetalk.com · 10-14-2003

JR, during the internet bubble, the only people I know who weren't burnt were...our collegues,
we NEVER bought internet stocks, as we knew what a bunch of hot air the business model was
;-)))

I don';t give a rat's ass about "investors"
;-)))

Rolo · 10-14-2003

Thats the great thing about the stock market, if there were no stupid daytraders, then it would be real hard to make insane amounts of money :-)

Stupid daytraders use stocks like gambling - they can´t go to the casino, so they invest in stocks using the same science to pick stocks as they would at the roulette table picking black or red:

"I got a good feeling about red - hold my rabbit foot - I will buy me some Acacia stocks"

FightThePatent · 10-15-2003

http://www.FightThePatent.com/v2/Squirt.html should interest the day traders.....continually updated list of prior art as i get around to catching up through my stack of notes and emails.

Fight the Patent!

kath · 10-15-2003

Quote:

Originally posted by Rolo@Oct 14 2003, 09:30 AM
Thats the great thing about the stock market, if there were no stupid daytraders, then it would be real hard to make insane amounts of money :-)

Stupid daytraders use stocks like gambling - they can´t go to the casino, so they invest in stocks using the same science to pick stocks as they would at the roulette table picking black or red:

"I got a good feeling about red - hold my rabbit foot - I will buy me some Acacia stocks"

OMG - this totally describes my cousins to a "T" - they are always trying to get everyone to invest in the stocks they've "discovered" cuz they've just got a good feeling about them.

Of course these are the same family members who crawl around frequently asking the stupid working stiffs if they can borrow some $$ to cover their losses (aka asses).

bluedesignstudios · 10-16-2003

That's *very* intersting.. such a contrast in views...

JR · 10-16-2003

its really pretty interesting when you read all the threads.

there are some smart people... for the most part, they seem to be gambling on the behavior of the other idiots rather than the performance of the company.

thats gotta suck. predicting numbers and dealing with solid data is much easier than predicting the behavior of a bunch of 20 year old trailer trash, wanna be traders, who just bought "How to make millions in day trading"

http://finance.messages.yahoo.com/bbs?.mm=...id=&start=22046

Last edited by JR at Oct 15 2003, 11:37 PM

Winetalk.com · 10-16-2003

Quote:

Originally posted by JR@Oct 16 2003, 02:34 AM
predicting numbers and dealing with solid data is much easier than predicting the behavior of a bunch of 20 year old trailer trash, wanna be traders, who just bought "How to make millions in day trading"

http://finance.messages.yahoo.com/bbs?.mm=...id=&start=22046

you are 100% wrong.

The law of big numbers covers them to the T...

whoever plays those idiots will win, idiots will lose,
as they lost in ALL the market games from tulips to internet
;-)))

Nickatilynx · 10-16-2003

I think idiots are easier to predict.

Send idiots mail re a stock they buy.

Send it to smart people...they short it ;-))

An idiot will move in the direction he has last been told to move , by a lessor idiot. - Nicks 1st law of Moronishness

For each idiot , there is a greater idiot - Nicks 2nd law

Carrie · 10-16-2003

The reason is simple - these folks are much more likely to listen to Robert Burman's rosy-red view of the world and his company's role within it than they are to visit a message board with the word "fuck" in it.

Translation: They don't know about the instances of prior art that are being compiled, and simply believe Burman when he says Acacia spent hundreds of thousands of dollars hiring patent busters and college professors to hunt down prior art and none of it invalidated their patent.

I have an extensive list of prior art that was compiled by someone who worked in the digital compression for audio/video arena long before Acacia came along. Impa has this list; actually they've got a much more detailed version of it. I hunted this guy down on the net, sent his name to Spike and contacted him myself to get a copy of his research. Turns out Spike and the lawyers had contacted him just two days before and he had given them a more detailed version.
If any of you guys want/need the list I've got, just let me know - I should know who you are, of course. I'm not going to inadvertently send stuff to Acacia goons.

10-14-2003	#1
JR Members The global leader in pay-per-view AEBN Join Date: Jan 2003 Location: in my chair Posts: 3,320	unfucking believable! read this post. http://www.gofuckyourself.com/showthread.p...50&pagenumber=1 so you understand that there is some pretty solid evidence to blow Acacias patent claims out of the water. then check this out on a board for Acacia stock. http://finance.messages.yahoo.com/bbs?.mm=...80497&mid=21730 difficult to believe that the average investor here is so completely fucking dumb that they dont have the slightest clue what they are investing in and what factors affect the stock price and are making it go up and down. __________________

10-14-2003	#3
JR Members The global leader in pay-per-view AEBN Join Date: Jan 2003 Location: in my chair Posts: 3,320	i have never really read those types of boards. what a bunch of ignorant assholes. funny. they seem to have no clue about anything. they are investing in Acacia and dont seem to know what the company is, why stock is going up... why it could crash at any second. i am really dumbfounded. amazing. i should have been a broker __________________

10-14-2003	#4
JR Members The global leader in pay-per-view AEBN Join Date: Jan 2003 Location: in my chair Posts: 3,320	"Acacia's ticker is ACTG not ACTT" __________________

10-14-2003	#5
Winetalk.com Prostate Examiner I quoff fine wine at corkd.com Join Date: Oct 2002 Location: good 'ole USA Posts: 21,018	JR, during the internet bubble, the only people I know who weren't burnt were...our collegues, we NEVER bought internet stocks, as we knew what a bunch of hot air the business model was ;-))) I don';t give a rat's ass about "investors" ;-))) __________________ why dogs sniff each other butts?

10-14-2003	#6
Rolo Members Join Date: Dec 2002 Location: Six Feet Under Posts: 2,150	Thats the great thing about the stock market, if there were no stupid daytraders, then it would be real hard to make insane amounts of money :-) Stupid daytraders use stocks like gambling - they can´t go to the casino, so they invest in stocks using the same science to pick stocks as they would at the roulette table picking black or red: "I got a good feeling about red - hold my rabbit foot - I will buy me some Acacia stocks" __________________ "Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918

10-15-2003	#7
FightThePatent Members Join Date: Oct 2003 Posts: 303	http://www.FightThePatent.com/v2/Squirt.html should interest the day traders.....continually updated list of prior art as i get around to catching up through my stack of notes and emails. Fight the Patent! __________________ Learn more about Acacia and other patent abuse cases at: http://www.FightThePatent.com \| find the goldmines of traffic

10-16-2003	#9
bluedesignstudios Members Join Date: Aug 2003 Posts: 119	That's very intersting.. such a contrast in views... __________________ Contact GonZo for a banner in your signature.

10-16-2003	#12
Nickatilynx Banned Want to see your own Advertising Here! Join Date: Oct 2002 Location: Vancouver Canada Posts: 15,115	I think idiots are easier to predict. Send idiots mail re a stock they buy. Send it to smart people...they short it ;-)) An idiot will move in the direction he has last been told to move , by a lessor idiot. - Nicks 1st law of Moronishness For each idiot , there is a greater idiot - Nicks 2nd law

10-16-2003	#13
Carrie Eternal Newbie Respin bullshit press Your Comments Are Welcomed Join Date: Oct 2002 Location: Inside your monitor Posts: 2,850	The reason is simple - these folks are much more likely to listen to Robert Burman's rosy-red view of the world and his company's role within it than they are to visit a message board with the word "fuck" in it. Translation: They don't know about the instances of prior art that are being compiled, and simply believe Burman when he says Acacia spent hundreds of thousands of dollars hiring patent busters and college professors to hunt down prior art and none of it invalidated their patent. I have an extensive list of prior art that was compiled by someone who worked in the digital compression for audio/video arena long before Acacia came along. Impa has this list; actually they've got a much more detailed version of it. I hunted this guy down on the net, sent his name to Spike and contacted him myself to get a copy of his research. Turns out Spike and the lawyers had contacted him just two days before and he had given them a more detailed version. If any of you guys want/need the list I've got, just let me know - I should know who you are, of course. I'm not going to inadvertently send stuff to Acacia goons. __________________ Need a kick-ass design done quickly? I recommend Sex Creator - they absolutely ROCK.