While the Aussie media loves lambasting seedy Facebook and Telegram groups, this concentrated ball of confirmation bias instead continues to inexplicably fly under the radar.
A tribal gathering place where the hairs are grey, only blind positivity is allowed, reasonable bearish arguments are scorned, and “$10 Parties” are predicted years in advance (of scammy lifestyle companies run by dodgy directors actually producing anything tangible), the website has also evolved to speak a language all of its own.
Legends say this is a survival instinct developed to alienate newcomers who may – Gods forbid – have a bearish view of a stock’s future prospects, and engage in the forbidden black art of“downramping”.