Technological developments in recent decades have given investors the ability to access endless levels of stock market information within a matter of seconds. Key fundamental and technical data is available on a number of platforms, such as London South East (LSE.co.uk). Founded in 1997, this particular platform has grown to attract millions of visitors from over 200 different countries.
Whilst LSE.co.uk provides a range of services such as stock market news, Level 2 trading data and brokerage services, one of the main attractions are its bulletin boards. On these boards, investors are able to exchange ideas, publish their research findings and discuss potential opportunities.
These chat forums captivate huge numbers of investors, many of whom view and contribute to the pages on a daily basis. Some investors then make purchasing and/or selling decisions based on the information. It raises the question of whether individuals can actually outperform the market by using bulletin boards such as LSE.co.uk?
In this article, we will assess the performance of LSE.co.uk’s “most discussed” stocks over the past few years, to see whether investors can improve their chances of market-beating returns.
What is the Hot Chat Topics list?
With so many individuals visiting and contributing to the site, its bulletin boards have become increasingly prominent over the years. To highlight popular stocks, LSE.co.uk created the “Hot Chat Topics” on the site, which essentially tracks the most discussed stocks. This list is updated frequently so that investors can see the “Hot Chat Topics” on a daily or weekly basis.
Source: LSE.CO.UK
Whilst the “Hot Chat Topics” are keenly followed by private investors, it’s worth noting that there are several advantages and drawbacks of using this approach…
Benefits & Risks of following the Hot Chat Topics list
Investors can gain good insights into stocks by learning from more knowledgeable investors on LSE.co.uk forums and can even grasp a good idea of which stocks are in the news, or are trending, by viewing the most discussed stocks.
Picking up ideas from seasoned investors, who have seen it all before or from individuals who have more time to research can be of great help. Equally, industry experts can also help guide investors to make better, more informed buying and selling decisions.
However, bulletin boards can also be a place…