dh, i do my own homework and i shared my conclusions back in the day - people made a choice then - usually to attack me and tell me how jealous i was. ;-) hmmm, don't recall you saying that was uncool. probably b/c it was so much fun then, huh? ;-)
i've also made my share of mistakes, plus a few as icing on the cake. probably making a few right now.
my hope is that folks can get out relatively unscathed. however, i see no compelling reason to disregard the example of human history at this time. review similar bubbles and review the end the result. w/o fail, disaster - well beyond what anyone is feeling now.
you make it sound like most folks have been hurt by qcom, as opposed to up less, even though it is still up 10-15 fold in a few years. i tend to believe you are right b/c many more people were buying at $130+ than at $5 -. i did my part.
dh, now that there is perspective, maybe you can realize *exactly* why i railed against the phony govt policies led by our favorite *pardon for sale* self proclaimed *most ethical administration in history* jerk (yes, i hold many traditional democratic ideals, but i won't sell my soul to the devil to get them) and alan.com.
you see, if qcom went steadily from $5 to today's $55, and missed the wreckless trip to $200, then everyone on this thread would be partying as we speak. instead, wreckless policy screwed the masses as it *always* does.
the above scenario would have been my choice and everyone would be happy right now. it would likely have occurred if alan.com didn't feed the system irresponsible levels of financial crack to whip the masses into an unsustainable bubble frenzy.
alan.com IS guilty, just not for the reasons most bulls think - alan.com didn't have the strength of character to prevent the masses from fulfilling their base greed instinct even though he should have known (did know?) that this approach has *never* worked out in the entirety of human history. neither has faking numbers - but alan.com still did it and cites the bogus productivity #s as though they were real and the foundation for a "new economy!"
in short, i hope qcom goes up from here in a reasonable, rational way reflective of their underlying fundamentals - for the thread members and for my friend who did not heed my advice way back when (one of the few times i have been right in a fast time frame while fighting this bubblemania).
trust me when i tell you that i am not gloating in any way shape or form. if this bubble follows the pattern of history, my being "right" will mean a good possibility that i and many, many others lose their jobs. not funny.
a word to the wise. do be aware of what looks awfully like situational ethics - aggressively laughing at me and proclaiming i was wrong used to be a lot of fun for you when the stock was up. i'm doing nothing remotely close to the attacks i received a couple times a day back then and it is "uncool."
best of luck. i hope history doesn't repeat and i'm missing the compelling reason why it will not. |
