this is what i wrote to Seng(host of well know blog http://fusioninvestor.blogspot.com/
As we all know those reading the blogs especially financial/stock blogs are the
enlightened few and the influences or impacts are rather small.
This cannot be compared to forums/newpaper/business magazine that have
wider readership. But the scenerio is a bit different in the chinese stock blogs
that are few in number and majority of them are not updating frequently.
The bloggers, I would say all come from the same community
http://chinese.cari.com.my/ and they are interlinked to each other very
closely through sms/phone/pm with gathering/meeting every now and then.
Thus whoever write something new will be reposted to the chinese.cari forum
and the blogger will answer query and comments at the forum.
Furthermore some established bloggers also write to the business section of
the chinese newpaper like Guang Ming,Oriental post and others,sometime the
newpaper will also quote the responses/comments from the forum.
Thus there is quite a substantial influence as Chinese cari had 193000 members and at any one time you visit http://chinese2.cari.com.my/myforum/forumdisplay.php?fid=401, the stock/business section there is easily >50 reader and the herd mentality in following the good/famous forummer/blogger is great.Just quote you some establish chinese stock blog:
and of course my not so matured blog
Anyway,influence or no influence, investing or speculating is made by own decision.
Whether or not that person want to do homework, to check the figure,to believe in the analysis,to trust the so called insider information is really up to him,
it is HIS MONEY,
he should be RESPONSIBLE to his actions
This is my simple feedback,hope it helps
August 18, 2007 2:01 PM