<<keith..."ssb analyst sees great value in icge....."
still putting faith in analysts????
same guys that were pimping icge at 115....
why invest in a company that the best that an analyst can say is "they have at least 2-3 years cash and liquid resources to complete transition to profitability" >>
Shhez Ed......No I am not putting faith in analysts....in fact, as far as the market goes, I am putting faith in nobody but myself. All I did was copy and paste the info, just like we all do with many, many companies. I did not run out and buy ICGE because SSB told me too...and I wont run and out sell it because ED or anybody else tells me too.....I listen to ME. Period!! Additionally, as I have said for the umpteenth time it seems, icge is speculative and risky.......You are conservatove, whereas, I like having some speculative plays mixed in. Risk reward=.....lets see now...my cost basis on icge is very, very low due to some trading. If icge goes under, I will not lose much. In fact, I have lost so much more on quality, profitable companies then I can lose on icge, it is is ridiculous. Yet, IF ICGE comes back, it will bring me far more profit then any quality company I currently own. I have alot of shares at a very low cost basis....so I am not risking much, but I may possibly do very well........why is this so hard for you to understand?? I am not hyping icge, nor telling anyone to buy it.....In fact, I always mention it is risky and speculative, but that after doing my dd, I like the prospects that it will recover, therfor I am invested in it. You dont like the prospects and feel there are better out there, so you are not invested in it....no biggie...you have your investement style, I have mine. I still cannot understand how or why you dont understand why i hold this stock....My cost basis is very, very low...it is a gamble....sometimes gambles pay off bigtime. If It goes under, my cost basis is practically nothing...what have I got to lose??? If it goes to just $6 - $10, I will make out big time. Is this OK with you...do I have your permission to make my own decisions? I respect your opinions greatly, and your probably right about ICGE, but the bottom line is I thought we were all supposed to make our own decisions and not follow others....that is what I am doing. I am taking a gamble.......and I would think if you walked into the casino and somebody handed you free chips and said bet it on the riskiest play you could find, you would probable do it, thinking the payoff could be huge, yet the downside risk is minimal because it aint my money......would you simply take those free chips and cash them in...probably. Your conservative and would probably take those free chips and say I have a 1 in 10 chance of winnning, so why bother...I'll just take my free chips and run...well, I wouldn't do that. If somebody hands me free chips I am willing to take the gamble.....and frankly, even If I hadnt traded icge and lowered my cost basis, I would still take the risk and buy at current levels and keep buying if it drops.....my atml, jdsu, qcom and etc, etc, are getting beaten far worse then my poor little old icge...and if they all take off...my poor little icge will make me far more money then my jdsu, qcom and etc......
Thanks for your thoughts ed. And as for your comment about ssb pimping the stock at such and such a price.....Ed, c'mon, your too smart to play that game with me. I beleieve 90% of the anlaysts were pumping almost every stock at much higher levels....even all your wonderful profitable companies that are also down 50 - 90%.....so why play this game with me like ICGE is the only stock that was pimped by the analysts at higher levels....sheez, ed...it's what they do...and they did it on everything.....yep, I dont hear you moaning about any of the major analysts pumping jdsu, qcom, intc or any other stock at much higher levels like they did...nope...you just point out they pumped icge at higher levels, like icge was a one time thing and no other stock was treated the same........regardless, I dont not act upon the analysts or anybody else, but I do listen, and then make my own decisions.......
keith |
