SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Agouron Pharmaceuticals (AGPH)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (2661)11/6/1997 12:55:00 AM
From: Joe E.   of 6136
 
Re your post on your AGPH trades, particularly this part:
"You see evil intent at every turn. I haven't traded an issue short in at least five years. I have never purchased a put."

Glad to see you like biotechs. It is fun to watch the species progress, and to make money at the same time.

But I am saddened to see the concatenation of evil, short trading and buying puts. There is no moral difference between making money when a stock goes up and making money when a stock goes down. Both sorts of post - IPO trading are equally beneficial in providing liquidity for the initial investors.

IMO John W. objects to people who take a position and then post information and disinformation meant solely to make that position more profitable. There may be an element of evil in such practices. All lurkers and posters should know, or course, that MANY POSTS ARE OUTRIGHT LIES and many others are shaded versions of the truth. Obviously, if the liars are known, their posts can be discounted. So outing liars makes sense. Some people sense a lot more liars than I do, though.

It is important to take all of the posts with a grain of salt.

BTW, I am NOT accusing you of lying. But you did sell once, so maybe you should be watched <joke>.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext