13 stages of a hotcopper fantasy stock

Thought it was time to dust this one off given the unusual number of penny dreadfuls that have taken off (and inevitably crashed) of late.

It truly is a shame that the mild mannered Clark Kent no longer trolls this site.

This was one of his offerings...

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Following its triumphant debut on the GDN thread late last year, I am proud to re-release :



'The 13 Stages of a Hotcopper Fantasy stock'



1. Dormant explorer quietly acquires exploration tenement in an unheard of part of the world

2. Intention to drill the 'hottest' commodity of the day is announced to the market

3. Investors undertake a quick geography lesson. Tenement located on Google Earth

4. Messianic posters appear on Hotcopper extolling the virtues of this 'sure-fire-thing'.

5. Posters cram on Wikipedia and drilling techniques knowledgeably discussed

6. Market price climbs precipitously

7. Stockmarket novices delight in referring to options as ?oppies" and ordinary shares as "heads"

8. Mountains of previously 'scarce' scrip hits the market

9. Market price drops precipitously

10. Numerous conspiracy theories regarding capping, profiling and price manipulation emerge

11. Lots of acrimonious exchanges ensue on Hotcopper

12. The "Messiah" and his band of faithfuls move camp

13. Hotcopper thread becomes a group therapy session for bagholders