Kevin . No insult taken . First , I am not , or have ever been a buyer
of NSCP. Nor have I ever been bullish on it. You know the reasons ...not fundamentally
strong , too expensive , too much competition , etc. etc. - My first comments to John Chen
were negative ( John obviously has a great feel for this stock ) BUT I gave NSCP and John
it's due ...the stock has performed very well over the last 60 days ...providing plenty of
volume and gains ...both hourly and daily .....when the vast majority of TECH'S have been
bathed in blood ....fundamentally , technically , logically stronger companies.. I am impressed
by this stock ( that and a buck will get you a cup of coffee ) .
Yes I ..and anyone else who had the FAITH in NSCP that has made this stock what it is today ..
could have made a bundle on it ...but I didn't buy it and probably won't .and I couldn't care less.
VERY ,VERY few people who are bullish on this stock state their confidence in the long term ...
even John . everyone understands OVERVALUE ...
BUT one thing I admire about NSCP is it's ability to market itself. ..it is a major factor in the success
of TODAY'S Internet , marketing of it's products , it's concepts , it's stock , look at the developments of
this week.A company with this much market savvy ...this much cash ...this much of ahead start ..potential.
IF I had bought NSCP I would have my money back a long time ago ..and be riding on someone else ...it's just the way I like to invest .
MY point about the Frankenstein effect was A/ It has a life of it's own ..seemingly not tied to TECH'S in general
B/ fundamentals seem to have no effect upon it . C/ is it all the SMALL investors that cause this strength ...since ,
as you say ...institutional investing is below 10% ...Magnifique may be right ...if those small investors BELIEVE..and
leave their money in NSCP ....will it not stay strong??
Congrats on your C-Cubes options play ...of course there are a lot more and a lot bigger plays than NSCP ...all the time .BUT
how many invoke as much emotion and opinion as NSCP ?? How many threads are here on C-Cube options ??? How many people are called
crazy and insane for buying C-Cube options ..whether intended or not ....NSCP is still one of the most talked about internet stocks
Marketing ..again....intended or not .
As for me ...I am a student of the market and a student of NSCP ....I have no interest in the validity of NSCP'S rise ...just the psychology
of it . Or the predictability of it - drawn on a chart of 60 day's ..it is impressive ..and has been profitable for the believers ... that is
what I marvel at ....when the rest of the HERD ran fron TECH'S ..led by the PLAYERS ...like FIDELITY ...it was the little guy who made , and built
NSCP to it's levels today .. I don't believe ...but these people deserve their due ,
I have stated before ..and will again ..I am the smallest investor here ....just one of the herd ...having no more experience than ANYONE and a lot less
than most ..I bought my first stock 20 years ago , and have always played with the market mainly VSE , ASE . TSE ..yes Canadian . I have the typical
old man investments ...mutuals , rrsp's etc...just a typical working class hero . As a STUDENT ...I have watched the HERD ...and the ones who distain the HERD...
and the ones Playing before the HERD ...and STILL feel the psychology of the Market is MORE of a major player THAN anything ( after all didn't your CCube go up because of
the HERD) Now I want to be serious with American Markets...but you know ..I still see the same effects on YOUR markets ....fundamentals , technical strengths , ...but it
all comes down to the same thing ..who's buying,who's selling ...and why ..?? The psychology of it all..I watched strong tech stocks get the crap kicked out of them ..
only because of the HERD ..I try to learn from it ...I try to learn from everyone here ..including you .These are your markets ...you know more ...Currently my goals
are conservative .I am learning my news sources , my quote services ..my goals are very short term ...I buy and sell for the small profit ..I am happy with a $1000.Until
I know more about your market .
All the NSCP bulls point to two major events SSOONN ...the Qreport ..and the split ....these are short term potentials and are well worth noting and STUDYING . That's
why I replied to your first post ..you talked about NSCP as short-term ...over the next 12 months ...most NSCP'ers look for the short term as the next 12 DAYS ..IT is considered
to be the major NSCP event for '96 ..will I buy ..I doubt it ...I will continue to buy low and slow ..until I understand the American Psychology better ...but I sure will be
STUDY it .
Well Kevin , how do you feel about NSCP'S short term and long term future and WHY?? NO Rhetoric ...WHY ??? |
