Probart, I did not expect so much commotion just because a Johnson is complaining that I make too much money trading VLNC. If one wants really to search the records, one would see that I was bearish for most of last year due to VLNC's floorless and battle with CC, once the floorless was removed, I called for the stock to go much higher (I believe Nov 11, was my entry "Buy if it breaks $7.25 which it did and I did). Right now, I have a "potential of $65 to $70 for this year on VLNC, but it is no better than the "potential" of $40 I had on PROG a year ago. The truth is that despite that potential, I recommended selling PROG at $15 last year, and my first buy rec. was at $7 and then at $5 (it doubled after that last one, but one had to be nimble to get out, few here did indeed), and I still have a buy right now, but I have lowered my sights for PROG to $15, still a nice double from here.
By the way, because of Johnson's crass attitude and his use of childish and offensive language last year, I have made it a policy not to waste my time responding to him. His language might have improved a notch since VLNC does better, but that does not change my policy. The nice thing about SI, one does not have to respond to posts directed to him, if one so chose. I have chosen (VBG).
Zeev |
