Yesterday, we invited those who do want to get ERHE share-price predictions from ERHC On The Move to vote. There was strong support, with pro-prediction voters registering the highest number of clicks in our history, and also generating the highest daily income we have ever received. Some 7.1 percent voted for predictions out of 1,274 visitors yesterday.
Today, Tuesday, April 5, the decision signals are reversed.
Those who want me to make share-price predictions should not click on ads, and those who do not want me to should click on any of the small ads at the right side of the page to indicate their preference. We will update the results through the day.
The reversal of decision signals is akin to doing a double-blind sample, allowing for anomalies such as non-voters to work themselves out and allowing an average to be fairly stated.
The 91 clicks generated $19.25, $4 more than we have ever earned before on a single day here.
Today's price prediction (7:50am, 4/05/05): An $0.015 rise to a $0.75 close after a short-lived fall this morning of about $0.005, to $0.73, on about 1.2 million shares of volume.
Update: 10:18am EST, 04/05/05) With 200 visitors recorded, there were just 8 clicks on ads asking for no predictions, or about 5 percent. So far, the Yes for predictions contingent (no clicks on ads) is leading the No against predictions group by 192 votes.
Update: 5:45pm EST, 04/05/05) So far, those against predictions are lagging substantially behind those who favor them. As of this moment, there were 694 visitors who cast just 35 "No" votes (against predictions) by clicking on an ad, or exactly 5.0 percent.
Yesterday, those who clicked on an ad to cast a "Yes" vote had had about 9.1 percent, but the number fell to 7.0 by the end of the day. The 35 clicks so far cast represented $4.04 income; yesterday's "Yes" income totalled $19.32. I know which side my bread is buttered on!
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7 comments:
joe, your method is a sham. take a lesson on surveying. so, becaue no one votes you will assume positive sign for price prediction. yea right.
Beautiful shell game!
Joe, www.forums.greatsprings.net has a poll setup that can be used without any thoughts of clicking ads to have. I think dadd or rap from rb runs the site. This way all can vote without feeling like they should contribute. Just a thought.
The number of clicked no votes as a percentage vs the number of clicked yes votes as a percentage over two days is a fair way to measure the enthusiasm, I believe.
It requires people to take or not take a certain action, and demographers will tell you that's the best way to get reliable data.
I believe you should stay away from short term price predictions as it gives the appearance of manipulation for the purpose of flipping shares. This has cost you a great deal of credibility in my opinion. You seem to enjoy a large and diverse readership. Stick more to the news and longer term share price predictions and you will become a more significant asset to other shareholders. sllabxam
My protection against the appearance of price manipulation is the fact that I frequently disclose the extent and value of my holdings. The predictions are also an antidote to the nonsense we so often read on Raging Bull about what the price will do on any given day.
Compared to the predictions on Raging Bull, which irritate me a lot, I do pretty well.
Thanks for your very cogent comment. Let's see who wins the debate on the click results for the day.
After reading the methodology of your poll, I have come to the conclusion that you were in charge of recording and reporting on the exit polls for John Kerry.
Put me down as one who opposes your price predictions, but who is not willing to support your site, just to scam money from ligitimate advertisers. I advertise on Google, and if I discovered I was paying for clicks from visitors that were coerced into doing so, I would not be happy. It's not the right thing to do, but I forget, you have a real problem knowing right from wrong. Google is on notice of your shell game.
Honestly, I wish you the best with your Blog, less the price predictions. You have proven time and again that you have no qualifications to predict day-to-day price fluctuations - no one does. Why go out on a limb, to risks others' money? It's a simple decision Joe - do the right thing. You gain a lot of respect and loose nothing. Your site will have much more credibility and loose the appearance (if that's all it is) that you are attempting to influence the short term share price.
Your pal,
Stockhocker, the accused swing trader from Louisiana
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