I'm not telling people to buy HOMS...
My position has always been that HOMS is not a POS or a scam. I meet with upper management every couple of weeks, and I've been trying to clue you all in that these are NOT idiots or scumbags, IMHO. These are some of the smartest and most visionary people I have ever worked for.
Note: since I am in meetings with upper management, I don't tout or trade the stock. What I am touting is my personal opinion of the management team. Stuart Wolff, the CEO, in public statements has touted a business plan that he put together a number of years ago. To my knowledge, we continue to execute on that very plan. I compare that to another company I worked for where the CEO couldn't even name the product my division was supposed to be working on.
As to the stock, the chart says it all (I love TA), volatile and a current down trend.
I take a long term view of this company.
The stock will probably move with the market as a whole (also in a down trend).
Will the stock price go up and down?
You bet!!! Very volatile.
>> Ray, I am curious about why you keep telling us to be careful out there?
>> Is that a veiled warning for those buying HOMS?
No, it's a tag line I've used on SI since I began posting here.
>> Maybe the only way you can get the message out about the dangers of buying HOMS is through a cryptic message?
Actually, lets talk about the dangers of buying or shorting ANY stock... This is all just another name for GAMBLING. You are taking huge risks. A couple of years ago, I lost $250,000 in a single day on the stock market (if you search SI hard enough, you'll find my posts). I was naive, arrogant, and stupid; in other words just another average "investor".
I no longer tout stocks or companies, I merely comment when I think people are being stupid, or I make short term "predictions" on the movement of a stock based on my limited knowledge of Technical Analysis. Calling HOMS a POS and the CEO an idiot is just plain stupid. HOMS is an impressive company, and the CEO, from my very own live many meetings personal observations, is very smart.
Donny Brasco's arrogance reminds me of me two years ago. A few people got hurt by believing the crap I was spewing and by following my arrogance. His posts are clearly emotional, bordering on incoherence. That's what got me to begin posting an alternative opinion.
You all be careful out there
Ray |
