Thomas,
You can rest be assured that Lizzard King is, far and away, one of the most astute traders in cyber space. Whether you wish to admit it or not, that's another story, and it appears that you, among many here, are clinging mulishly onto denial, pretending whatever is happening is not and deploying a make believe reality to numb the pain of losses.
With a mixture of half-truth, hyberboles and evasion, you quoted Lizzard's several posts on CYMI ENTIRELY out of context. In fact, if you match the exact chronology of his posts to market action, you would have discovered that he has been uncannily correct on nearly every occasion:
1. Around Sep 11, right after the initial selloff, Infrastructure did make POSITIVE comments on CYMI, and Lizzard reported it honestly. It was exactly what he called it, "a BS selloff", AT THE TIME. And the market actions corresponded to Lizzard's remark during the coming week, with CYMI climbing as high as 39.125, on September 17, only 4 trading days after his bullish remark.
2. Lizzard hasn't made one single bullish comment after the Monty downgrade. It was clear to most traders of acumen that something very ominous was going on with CYMI; The host of conferences almost never downgrade the guest company a day before the scheduled presentation. The lackadaisical nature of the company's presentation simply makes the picture more foreboding.
3. Now that Infrastructure, upon discovering something not known to them before, publishes something negative about CYMI, and Lizzard takes the time to report it honestly.
You obviously have not read Lizzard's posts in his thread and in AOL in stating that he posts his trades only after the fact. More often than not, he posts his trading ideas in advance, and yes, he is only right about 80% of the time, but when he makes a mistake, he's blisteringly honest about it.
It appears that many on this thread are misdirecting their anger toward Lizzard. The angry emotion by itself is very legitimate, especially after such losses in ones beloved stock, but translating that anger into character assassination against a well-meaning, though a bit stubborn, messenger is very destructive, both to your net worth and to the spirit of this thread. |
