Mojie,
Thanks for your excellent reply and compliments. My message may not
be music to the longs. But for the astude observer, this board is
decidedly biased, with all the negatives conviniently dismissed. This
is definitely not good for any prospecting investor, unless the whole
story is told. Let's remember that there are people who got hyped up,
bought this stock, and lost money.
I predicted two trading days ago that margine buyers will be forced to
dump the stock, and it has become true. Monday, AMTX was in sync with
the Dow. Tuesday, it went the opposite direction and fell twice as much
on a supposedly good day. If AMTX is so good, why are people dumping it at plumeting prices? As the price continues to fall, I am afraid more margine calls will come. This is a self propeling process that runs on its own fuel.
I don't like people who call others jokers and scream "BUY BUY BUY!"
It's more like a informercial than a buy signal. They know we have our
money, and they need it very badly. AMTX is being crushed by its own
excess, and it's not the fault of us who have paid our tuitions to
invest in "high-tech." "Investing" now is more akin to Operation Rescue, and should best be left to those who have actually made money.
Watch out for those hypes. Many people on Wall Street, including the
head of Merrill Lynch, have been saying that the market will go up
another 10% before it crashes. Right. We will continue to "invest" and
catch that elusive 10% so that they can pull their market moving big
money out. Nobody can time the market perfectly, but it has been more
and more edgy to any perceived "bad news." By year's end, Jeff Vilnik,
who got forced out of Fedelity's Magellan, may not look so bad after
all.
It pays to stand by and shop around. When the market crashes, AMTX may
react more violently. Good luck and take care.
cc. |
