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Some investors rely heavily on such boards for stock ideas.
Sometimes message posters will link you to interesting articles about the stock, or they will discuss business issues related to it that you'll be glad to learn about. It's another source of information, but it shouldn't be your main source. These are recent purchasers of the stock or newcomers to the stock or investing in general. These are disturbed individuals who have chosen this forum to work out their aggressions. Their trademark is the personal attack.