Good for you. In many ways, especially in the current craze of social media and free discussion forums, professionals using all the new ways to target potential investors $$, emails, twitter, information and misinformation reaching audience more and faster- I think the exuberance is well and alive now as it was back in the dotcom days. Its just as hard filtering the junk from the better businesses now as it was before imho. Usually the ones being shoved in our noses in forums by loud overexhuberant players or free newsletters- the too good to be true stories, usually are. $$ often can be made, but the example of the musical chair seems the ideal description of the ramper or the paid marketer spruiking a story until they exit or companies paying themselves big cheques until the music ends.
As 1ronnie said, its usually the louder forums, the more active GSWs, IOTs that are in the middle of the scams. I still thk tech smallcap is well and as alive or more than before- it just takes abit more effort to find them. The ASX is loose regulatory wise compared to the Nasdaq, and the prolific amount of "backdoor" listings on the ASX of questionable quality businesses over the last 2, 3 yrs is no secret in the media. Filtering the quality from the mass is no easy task. Wished there were a few more individuals throwing warnings back in my day. .
Its off topic! But here's an article of the investment appetite currently for smallcap techs- its mainly american but the appreciation and sophiscation of identifying and supporting real deal techs in the US appears to be much higher than here in Oz. Only the suspect companies, as 1Ronnie would agree I thk, are heading for a wall of pain. The quality companies, once identified, are growing faster and stronger than ever.
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