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.
Technology Stocks : FirstWave Technologies (FSTW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony@Pacific who wrote (1416)7/20/1999 3:34:00 PM
From: Sid Stuart  Read Replies (2) of 9677
 
Sid I see you took My Sell advice to heart and you did well..good for you..but how about the poor schmucks that bought it on hype and no substance

Anthony,

The way I look at it is that there is gambling and there is investing. Anyone who buys a $2 stock they have never heard of on the basis of one press release is gambling. I don't feel sorry for people who lose their money in Vegas. I don't feel sorry for the people who bought this stock yesterday at 8.

I did feel sorry for the folks (myself included) who did do some research into this company and decided it was a good risk at $4-$5 a year ago and bought at that time only to see it tank down to 1 1/4. I hope many of those people used yesterday's ridiculous rampage to fill their pockets so they can buy even more of the stock in a couple of weeks when all the whoopla is over. I know I plan to.

Sid

PS
As for your advice, thanks, but I don't take advice from unknowns on the web. They usually have their own agenda.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext