I think Hotcopper has also summed it up pretty well
Disclosure and Warnings to people who view postings on HotCopper:
1. HotCopper does not endorse or vouch for the accuracy or authenticity of postings;
2. no one is permitted to make postings on HotCopper in their capacity as a representative of an AFSL Holder or as an Authorised representative of a AFSL Holder;
3. postings are at best general information, not professional investment advice prepared by taking into account any individual circumstances and needs of particular investors. Therefore, before acting on the basis of what is said in a posting, you should: -consider consulting a licensed adviser (ASIC's website at www.asic.gov.au has a list of licensed advisers); and - visit ASIC's consumer website at www.watchdog.asic.gov.au for general guidance about investing;
