Spytrdr,
There is something else I just can't understand also.
Why is it that EVERYBODY today is a short selling expert and 'never gets caught on the wrong side' genius? Short this POS, short that POS, I'm going to short this POS right into the ground, all the way down to zero, worthless POS company, going to $12 SHORT MORE NOW!!!!!!!!!!, Shorted at the top, shorted more on the way down, short this POS each and every day, etc, etc, blah, blah, bs.
And these shorts make money according to them each and every day. Risk free no doubt, because these POS just go down. Always. Even in the overall exceptionally going up market we have been in for the last few years. How is this??
You even have people boasting and bragging these days about shorting profitable companies which are trading at or under book value. Hell this ain't Vegas? For example: PAIR is trading at 25% or $5 below its buyout price in relation to ADCT, yet 90% of the posts about it on Yahoo are of the 'short this POS variety'. Well OK? Nothing like being $5 in the hole to begin with.
Sadly I am coming to the conclusion that the number of paid bashers and people shamelessly spouting their agenda is beginning to far outnumber those posters who offer helpful research and productive discussions.
The last short sell guru that I witnessed becoming as disruptive as the current ones here at the EGRP board was in AFCI in late 1998 and early 1999. A poster by the name of Orson Sanderson challenged, attacked, ridiculed, and basically ran roughshod over the AFCI board on a daily basis. It was the only stock board Orson took the time to post on. He had no other interest. The stock was bouncing around in the 12 to 8 range most of the time. Eventually the stock moved up to 15 and old Orson DISAPPEARED. Completely. Hasn't posted to SI since. AFCI is now at $70.
Whats the point? I see a similar situation here with EGRP. Beware the attacking, insulting, short sell thread guru wannabe's. Their agenda is NOT conducive to your long term wealth. Period. |
