Mike you stated ' in fact the lower the stock goes, the happier I am', however on the SNDK thread you posted the following on 11/19 :
-Despite my constant whining, I am very patient and positive about this company. I bought my original shares about a couple months ago at 26-27, then bought some more at 31 after the crash, and just bought another batch at 24. My average price is now around 25-26 and I basically made almost nothing for the last couple of months. I am now loaded up with this stock at an insane level and any drop to the low 20s will make me want to jump off the tallest building in my town. I am gonna do some practice just in case.-
So I ask you, which comment of your's should we believe?
<A good company and its stock do not often go together.> Day by day, month by month you maybe correct, however, over the long haul a good company will be rewarded with a proper stock price. Once again buy and hold for immense financial success. Go in and out and risk the possibility of losing everytime.
< I am learning from you that you got to trade.> No Mike, I am not a trader just a true believer in a few quality companies. I have never traded in and out of companies to make a fast buck or in your case to lose one.
I suppose you wouldn't be so bitter in your posts about MRVC if you didn't bail out at 21 in the first place. In the future try not to bad mouth and lump Noam Lotan with the fella who is in charge of SNDK.
If indeed you have spoken with Noam and taken up his valuable time , to provide you with answers, then you should be embarrassed to go and slam him on stock threads!
As for your call on BA slumping to 30 , HA HA wrong again!
I truly wish you well since no one deserves to lose money in the market unless they are short. Your style of investing contrasts with mine but so what? Happy Holidays to you and your family and may '98 bring you financial success!
Dana Adams |
