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.
Microcap & Penny Stocks : THE OZONE COMPANY! (OZON)
OZON 11.600.0%Jan 8 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: criggall who wrote (2316)1/15/1998 12:39:00 AM
From: Jeffrey L. Henken  Read Replies (2) of 4356
 
An investor's reason for buying a stock are just as varied as the reasons they sell. However most people simply follow the crowd, buying when they see a stock rapidly rising, as greed rules the day. Then when the momemtum turns, for any reason, greed turns to fear and often the same greedy investor sells at a loss as fear takes over.

I see Joe has put his two cents in and implied that the stock should be avoided on the basis of shaky fundamentals. Strange advice since he himself bought at a level that could not have been much lower than where we are now. But I will agree that on the basis of current fundamentals the stock is still overvalued. So why might the stock be a good buy at these levels? Well I believe I gave readers here a real good reason today.

The laundry business.

It may be boring when compared with the life saving potential of ozone decontamination of our food but it is very real and very tangible.

Actually I'm very disappointed that there has yet to be any serious discussion to come forth on the basis of my valuation of the laundry division

But since there seems to be little more than silence associated with my valuation I'll have to assume that I have swayed no one to do anything but think for themselves. Which is what I really wanted in the first place.

So is OZON a good buy at these levels? I'd like to think so because I bought the majority of my shares well above the current price. If I did not believe in the company and it's ability to turn rhetoric into reality then I would sell at a loss.

As it is I hope to pick up a few more shares myself soon. To be honest I hope I get them for less than today's close. Truth is fundamentals without a future mean nothing. You either believe or you don't, but no one knows the future.

As for the polymer, I hope to have some real information to share with the readers of the thread soon. I can't guarantee it but that is my hope.

Good luck to us all!

Go OZON

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