99% of Bulletin Board users are not Morons – so who am I insulting?

I stand accused yet again of insulting the entire investment community and of delighting in folks losing money. Au contraire, I delight when Bulletin Board Morons lose money but that is just a small group of those who use BBs.

I think Bulletin Boards are a good thing. They should allow private investors to swap ideas, to pick up on news items they may have missed and to expand the understanding of companies that are too small for the Mainstream Media to both with. So I am a fan. And moreover I, perhaps naively, think that 99% of folks who use them are sane individuals.

However there is a minority – and a vociferous minority to post most often and shout the loudest who are morons. They are morons because:

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