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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joan Osland Graffius who wrote (2733)7/9/2000 1:34:26 PM
From: AllansAlias  Read Replies (3) of 436258
 
Joan,

I have no informed opinion of the Q. As an impassioned observer I was struck by the following three things:

1. The faith people were showing in the good Dr. and the management.

2. The assumption that the story is far better than the market is discounting.

3. The clown-like approach to trading the Q, i.e., "Buy it and grow rich."

I do not care if it goes to the moon or into bankruptcy. I do care that good people will get fleeced along the way.

There is an assumption throughout the moderated discussion that one is stupid (for lack of a better word) not to see the real story. As a student of trading psychology I am drawn to this oft'-repeated scenario.

If people were to point out to me weeks from now that the Q was at $100 and I was wrong, then they would be missing my point entirely.

--Allan
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