Thank you for that. But we can wait for a few years before going in for that. You know what prompted me to create something like TED was that
most of these brokerages do not talk to individual investors. They cite compliance problems on that. So an individual investor is always at the mercy of those doctored reports which are in any case released after the event.That led me to believe that I could actually write down my views but in due course we discovered that this was a very exciting thing to do.
Thanks to people like you it has made this site the best financial advisor that any small or big retail investor could have.
Now for that registered user argument. See all Teddies picked up Network18 before the big boys and then we discussed the same day in and day out sometimes I was too embarrassed to argue for the value on NW18 because the stock actually moved down in price. But suddenly something stuck somewhere and the stock zoomed 70%.
There are several instances where the original teddies have got in first because they keep looking at ideas each day whereas the big boys probably keep fiddling with the site for a few minutes a day and hence they cannot locate which thread has a new idea.
There are a list of stocks where Teddies had got in early.
TV 18 has been a 3 bagger in less then one year
Educomp has been a 5 bagger (though I had my concerns agfainst this stock from a concentrated portfolio angle),
Everest Kanto the unsung hero was a 3 bagger and
ENIL more then doubled ;
IndiaBulls ;
Pantaloon Retail &
Bharti Airtel doubled since the discussion was initiated.
The best thing is we were able to loacte these ideas even when the sensex was almost stagnent and the smarter guys were advocating cash limits of upto 40%.
There are several areas where TED cautioned investors to protect money also. Cement, Oil, TAU's, FAU's we debated everything but the bottomline was that there was a sense of selfless service which every participant underwent.That to me was another form of charity.
But as we gain traction and hit a monthly audiance base of say 50k users which is about 5 times from the present level we would surely think of making it accessable to registered members only.