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 : FRANKLIN TELECOM (FCM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Charles Broderick who wrote (1598)8/12/1999 9:31:00 AM
From: Noneyet  Read Replies (1) of 2891
 
Shareholder,

Your original reference was to Anthony @ Pacific, correct ? I do believe that A@P simply shorts stocks that he and associates deem to have little or no value, do you believe that assumption is correct so far ?

OK, if that is accurate, kindly give me a logical explanation, why the opposite may apply ? Or, why hammer a stock that you deem to have little / no value in the hopes of driving the price lower to purchase it, when you do not believe in the company to begin with ? Why not go to side of the trade that you believe in, ie; the fundamentals stink, so go / stay short.

At what point does a stock you do not believe in become valuable. Is it fcm at 1.00-1.50. I have followed this stock for three years, I could have purchased it at .40 to .50 cents, however I did not, and would not purchase it, as personally, I do not have any faith in this company.

Therefore, if I were to take a position in fcm, my opinion of it would dictate a short position. I have said many times that I have no position in this stock, nor have I ever, that is a fact. Your explanation would make much more sense if I were posting to Lucent, Cisco, Micrsoft etc etc etc, or even a good internet company in order to drive the price down to purchase, it simply does not apply to fcm.

Sorry, but you did not "OK! Gotcha now!", nor does your reasoning make sense.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext