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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 161.39-1.9%3:59 PM EST
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To: Jacob Snyder who wrote (91212)4/27/2010 1:57:32 PM
From: Dash of Reality6 Recommendations  Read Replies (1) of 197225
 
Your righteous anger just blinds you to this company's faults

My righteous anger? I am not angry about the company's faults. There is no "denial" on my part.

My problem with your statement stems from the fact you point out these faults as if those who are invested or those currently investing in this stock are blind to them and therefore, making a mistake. Then in the same blog state your intent to purchase when you and others finally finished condemning management and the stock value reaches your desired entry point of $35.

Another Truth: when this stock bottoms, it will be because value investors like me start buying.

One could also state that this stock will bottom when people stop manipulating the price because traders like you stop trashing the stock.

I asked earlier, for posters on this board to state their Fair Value for QCOM, with their reasoning. Do you have a guess, which you can back up with numbers from the 10-K and 10-Q?

The Fair Value for QCOM is in the eye of the beholder. I can not predict where this stock is headed, however, I am confident it is positioned well for the future. Those traders who feel they can predict the appropriate entry and exit point for a stock are not investing they are riding a wave of manipulation enhanced by talking head's fear mongering.

DoR
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