I had this thought pass by my mind sometime back that what if somebody misuses this forum to promote their own agendas ‘coz of popularity, credibility and reputation of this forum. That looks like has become a reality.
Any checks etc.,. that need to be put in place should be practically implementable. I don’t have any such solution or check in mind at this point in time. But had below thought which might atleast make the quality of the thread being initiated better and may also provide more info to the readers.
We already have guidelines in place to initiate a thread. What I would like to suggest/propose is that a template should be created for all new stock stories to be initiated. Whenever a member wants to initiate a new stock story this template should pop up and it will be mandatory for the initiator to fill up this template. Some fields can be made optional in this template and some mandatory. The template for example can contain basic fields like current price, market cap, summary about company’s business, etc.,., other fields like some financials & ratios etc.,. of the company (present and historical), risks/threats to the business (mandatory field with minimum say 3 or 5 risks to be stated). The more detailed the template more better it would be. For new and basic users all or more fileds can be mandatory and for seniors no such restrictions. I will try to give it a shot, pen my thoughts on this and share it later.
Some benefits of a template like above that I can think of are:
1. Lazy folks may be deterred ‘coz of detailed template to initiate a thread just for the sake of it.
2. Any new story would give structured and more information especially to amateurs and new members who are not necessarily equipped to understand stock stories or don’t have the discipline to not to follow each and every idea.
3. Template like this would help new members to improve their thought process in terms of what points need to be considered or stated as bare minimum and infact be an education for them.
4. Quality of stories initiated may improve.
5. Pushing hidden agendas behind glamorous words may become a bit difficult as template may bring in some objectivity.
I think it is a good thing to think about any ideas/suggestions etc.,. on the lines of bringing in more accountability, transparency, etc.,. to ensure that brand VP doesn’t get diluted and the reputation and credibility of the forum is maintained and enhanced. I am happy to see this thread being initiated by admin.
Regards.
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