I offer no comment on this weekly feature it is a simple matter of observation. The two tables below show the most active discussions on the ADVFN and iii Bulletin Boards as of a Thursday morning. I exclude discussions about the FTSE or blue chip stocks as in those cases private investor sentiment and trading has little influence on the share price. I include the odd fully listed stock were Private Investors can drive the price at the margin.
Column two in each table shows the percentage of clients at spreadbetting form IG Index who are long of each stock. It is fair to assume that IG has a large enough client base and so its long/short balance is indicative of market sentiment as a whole. And the boards at iii & ADVFN have sufficient posters to also represent Private Investor sentiment as a whole.
Thus if 99% of IG clients are long of a stock that is heavily discussed on a BB thread one assumes that there is a lot of ramping going on ( that is to say folks who own a stock urging others to buy by posting bullish comment). And vice versa.
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