Maybe that's the problem - Tex holds enough shares (xx,xxx) to get their attention. Now if Greg completed his position ... <g>
Seriously, I just got back from a long drive to-from a wake/funeral. I was expecting not to find a continued dirge on this thread, but the whining and negativism has peaked (very bullish). I have seen this type of thread posting many times before and it always indicated a near bottom. Several of my doubles last year (yes I had several) occurred when I bought when the thread was gloomiest.
Some Examples:
BAY at $16 last March - the thread was extremely bearish, but my research showed the stock was about to turn around. Sold a few months later at $36.
FORE at $10.25 - followed the thread on the way down. Bought the day they reported disasterous earnings. The stock bounced back to $15 within 3 days, faltered for a while then rose to the low $20s - Sold at $21.
MRVC itself - bought at $19 last March. Rode all the way to $39. That counts as a double (even though I didn't pull the !@#$%^&* trigger). Still holding those $19 shares though and have now averaged UP to $22.
Also had several non doubles, but major gains: COMS ($32.5 - $54) ORCL ($34.5 - $55) PAIR ($16 - $28.5), MADGF ($5 - $8.5), ASND ($38 - $59 forgot to pull the trigger again) ).
My point? All these stocks had extremely negative threads just prior to the stock turning around. Management sucked, products were no good, IR was terrible, street hates them and things will never change, etc.
I officially declare this another of the same thread situations I described above. I'm usually a month early though, but you heard it here first.
All the signs are in place - holding for another double - probably this year too.
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