SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Luke who wrote (11379)9/10/1997 4:12:00 PM
From: uu   of 61433
 
Tim:

> my negative posts are just my feelings and if they were listen to
> yesterday it might have saved somone a few bucks.


It is interesting indeed. Did you ever see the rabbit and turtle race cartoon? The rabbit had an arrogant attitude thinking because of its quickness to run (i.e. sort of like traders) it could beat the turtle easily. However at the end it was the turtle that won by a wide margin!

Similarly, what does a short term gain mean if you are an investor (but I take it when it comes to ASND you are not an investor but rather a trader - or a rabbit). For us turtles it does not matter the very very short term volatility and a few bucks up or down. The ultimate objective is to gain 100-200% from the investment from its current levels, and as a turtle I believe this is very much achievable within the next 6 months when it comes to ASND. Now can you double or triple your money by being a rabbit (i.e. jumping from one stock to another on a daily basis as a trader) in 6 months? If so I do admire you.

Regards,

Addi Jamshidi
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext