Am I being slandered on this thread by certain people?
How would you like comments you've made to be taken out of context?
Do you think news article writers often sensationalize a story to make it more interesting?
Regarding Businessweek, did you notice how they started the next paragraph?
<<Diana did announce a major deal to sell 21 switches in May, which helped its stock rise even further.>>
What does that prove about the information I was posting about Dianna Corp? It proves the rumor I heard was right, doesn't it?
So what if I heard a rumor that MTCI might make a big order from Dianna? You know what rumors are worth, don't you? I never claimed it was fact, and when I was posting in the Motely Fool about DNA, I was almost alone at first.
I purchased DNA at about $ 23 and held it up to $ 100 per share. Up until the point that I sold, all the news/rumors were coming true. Abruptly, after it passed $ 100 per share, the stock began to fall. Did I stop believing in the DNA story? No. But the price started to fall below $ 100 so I sold 1/2 at about $ 100 and sold the remainder around $ 83. In my mind, that was price action that shouldn't have been happening, if the rumors/news wasn't just hype.
I made a good amount of money on DNA (actually, I got this lead from a broker I had at the time). I posted when I bought and I also posted when I sold. If anyone has listened to me, they would have made money. In hindsight, DNA was obviously a scam.
Business week somewhat obscured the fact that the news I expected did come out, by placing it in a different paragraph. I believe BW did e-mail and didn't respond. Why? I had nothing to say. My source was my broker and they didn't offer me compensation for an interview. Perhaps I would have been more interested if they had.
DNA was a hyped stock. I was fortunate enough to benefit in spite of that.
I used to have a successful landscaping/snow plowing/salting business which I sold at the beginning of last year. I'm not trying to be pretentious. I don't try to obscure the facts. When I'm wrong I say so and when I feel I'm right I stick with what I believe, even if some may not like my views.
Someone menitoned another scam stock: MTCI. Why don't you visit the MTCI folder from about $ 1 to less than a dime where I constantly posted my thoughts to counter the hype on the board?
Again, I was right regarding MTCI, too, wasn't I? If I had a penney for every word of warning that came true from me, I'd have more than my share of pennies.
I was also right about HOPR, & about QZARF (I was in an out), & about RACE(I was in and out), & about PELT(in and out), etc.
Why do I post as I do, in part? As someone said. I was burned before. Where? I was burned a good amount with JBOH. I was also burned some with PELT. I also got burned by Vinik (old Fidelity Magellean manager who hyped MU in Barrons as he was selling).
I also followed VSIN and watched how those hypsters spoke down harshly on anyone who held an opposing view (not me at that time. I didn't know enough, then).
Do I have reason to speak up and give the OTHER side, when I'm on it? Yes. I'm not ashamed of that. I've been burned before. I know what to look for, and I state the similarities when I see them.
I've also been quoted by the Wall Street Journal and the Milwaulkee Times, if you want to reseach me more (It was about DNA, too).
Has anyone bothered to look at QGLY where I championed its rise from $ 8 per share to $ 13?
Richard Miller, who had a financial involment involving QGLY stock, would constantly harrassed eveyone on the board (also Obvious2Me on AOL). He spoke poorly of QGLY at $ 8.00 and up. I told him I believed it was going higher and he kept posting garbage. How did I respond to his attacks? I started the QGLY INFORMATION PAGE. He actually started such an uproar with SI that I agreed to put my INFORMATION PAGES on my own webite; Hence, my current website. I now call the INFORMATION PAGE a Stock Library.
If you have more questions I invite you to question me further. If you want to e-mail me, that would be fine, too.
I have a big position in SKYC right now and I'm short an s&p and long one corn contract. I also have some OPMC. I'm up about 30% so far since Jan 1. I was up about 60% last year and was up over 150% before the Oct 26, 27 stock market drop (I was lax and didn't lighten up on Oct 26)
I would also like to say that I was impressed by reseach on me by those on this thread, even if it resulted in the wrong conclusions :o)
VALUESPEC
valuespec.com |
