Wayne is a momentum player so you have to see that when he picks a stock he runs with it; then he dumps it and waits for another run; there is nothing wrong with that he is making money the way he has success. He points out potentials - and after he sells them he will tell you that he doesn't really know what he invested in - his people do all the leg work and he waits for others to warn him of the next impending run.
The following is a post from his no hypsters thread wherein he says he is holding particular stocks before market open He tells you that he is waiting to dump them on RUNS. So you know what type and style investor he is. If you want to invest like him, go to his thread and be one of his people, there is nothing wrong with his style, it works for many.
However, his condescending attitude and arrogance he can shove up his rear end and take it to "his people". Although I like this particular stock issue and Rumball started this thread, he did nothing else to make it move up or down and he only knows what others tell him.
Since he said he's chosen not to read many posts on XSNI thread, he has had to count on his people to PM him with the details. I guess he didn't want to get the reputation as a momo player to many on the SI threads but with this stock issue he simply exposed himself. Rumball is the trader style - buy on rumour sell on news. momentum trader is his definitive character style.
That does not deteriorate the value and the potential of the stock he brought to our attention. Since those interested read the thread and the posts particularly the last 300, there is a much better chance you have a good idea of the depth of the potential of this company AND the time it will take to make it.
If you don't have the patience and need to pull money out to play momo don't complain; I have the time and patience to see this through and have more confidence in Manning that Rumball.
:) Jacalyn
To: SgtPepper (10540 )
From: Wayne Rumball
Thursday, May 13 1999 7:16AM ET
Reply # of 10692
Seems to be a number of new faces on the thread, maybe because of XSNI, hope
everyone was better on the sell side of that one than I was. I will buy it back, just a
question of when
Just a short note so people know how things work around here. When I post news, and
don't say I'm buying, it's probably because we bought it here days/weeks ago.
And if I don't post that I sold something, well I probably didn't.
Everything mentioned here is risky and if you are playing money you cannot afford to
lose you should leave now. If you decide to put all of your money into 1 stock
mentioned here please send me your address so I can come by and slap some sense
into you.
People keep sending me messages, are you holding this or that. At the risk of breaking
the SI server for the rest of today here's is the list of stock I presently own in no
particular order;
GRH - Montreal, AHSY, PNET, CTHZ, DMW - Toronto, GOG - Vancouver,
NPTN, PRIT, MMIC, WOTD, PRCG, BHIT, DWNS, WEBQ, SED - Vancouver,
SFCFQ, CVGT, PRYD, MZNCD, NGLD, AWCSA, CRGI, DRUG, VHSN,
USAV, WOWS, MBHC, LEDS, FILM/SPNT, ININ, PLNM, ORTG, GRAY,
CTKT, UVEW, EJTX, ADHC, IGHS, GTCI, MYWB, SATH, PCIE
Most I am waiting for runs, some are crap I forgot to sell
Next
Previous
| Previous | Next | Respond | View 3 replies to this message
View SubjectMarks
Bookmark this Subject
Discussion | People | MetaCrawler
Subject Titles Only
Full-Text
This Subject Only
Send questions and feedback to webmistress@techstocks.com
Terms of Use |
