Hi KLP - as I ve always stated [here and elsewhere,] different people see things differently. If you think it is relevant to cognize the point of entry [even if you are not a technician, you know, the one who doesn't care r*t*ss what the company does but rely on the chart for advice of points of entry and exit,] then it is your cup of tea. Embarrass to say, I am fairly haphazard, to my detriment, in that dept by mixing TA and FA up.
I really don't know your obsession about my being a paid member or not. I mean, does it make me a worthier or lesser individual if I did or not pony up the fee, especially since I ve lost thousand more times than that? I don't mean to be sly about it, but I thought this thread was about INSP and GNET, not Bosco <VBG>. I thought it would be more pertinent what insgiht we have brought to the table, so to speak. No matter, let's get this over with --- in truth, I ve already told you that, by suggesting you to look at my profile --- I belong to a group of *grandfathers*. I joined SI before GNET bought out SI, when SI belonged to the Dryer bros and Jill. Sweat equity, if you will <VBG>
I think I ve posted a few on Ragingbull a few yrs back, but I ve been spending most of my time here on SI, b/c I enjoy the people, even though we may not agree. Now, let's hope this is the last about "me." <vbg>!
KLP, from a longer term perspective, there is very little history about net companies. Besides, tech stks are as cyclical as everything else. I mean, go check out behemoths like TXN and INTC. The problem with the net stks is that the bubble was much bigger. Yes, hindsight 20/20, I did not have the foresight to escape, be it INSP or something else. There are many cliches to describe this, "burn twice as bright...," "the higher it goes..." etc etc.
If you want predictability, you should look for value stks. They may be out of favor, but they have value like real estate, manufacturing plants [unless they are at the end of the road like horse buggy]
So, to use your analogy, if you buy a house say in a boring but safe region, yes, you will have your house. But lord forbids, if you buy a cliff hugging contemporary overlooking the Pacific Ocean in Santa Barbara, earthquake and mud slide are not out of realm of possibilities.
Back to INSP, if I thought it was going the way of the do do bird, I would not have this conversation with you. I don't know about you. I understand a lot of things --- albeit after the fact. I understand mergers rarely work according to script. I understand the net bubble can burst multiple times. I understand I should not have "fought the Fed." I understand my assumption that Naz would test 5K again before heading down to the 2,600 last Summer is dead wrong.
KLP, I ve nothing to offer you, except this, don't believe the PRs and the advertisements w/o verifications. By the same token, don't believe the guy standing at the corner holding the sign "The End of the World Is Near!" If you don't understand INSP, or any company, for that matter, don't be a LT investor. Even the greatest companies have their dark hours. Of course, it is easier said than done. Why, had I been so smart, I would have bought MRK by the boatload back in the mid 90s. Last of all, believe HB once, shame on him; believe him twice, shame on the believer
good luck
best, Bosco |
