I hate coming back to all this BS, because 99% of it is just that. But, I would like to clear up some points with facts. Take it for what it is worth, but you can take it to the bank.
The seller has been a long seller, not a short. It is not the MM's that you all love to flame. One large holder or holders, own it cheaper, took some off the table, supposedly will hold balance for double digits, which I take with a grain of salt.
Call Jenkins, kick Scott, GET A LIFE people. I left this board because of the crazies on it, and I see it has gotten worse since I left, which I thought was impossbile. Rakoci,Winn, Chessir, a great group of talent, looks like a lot of wasted typing. I really dont give a s%$@ what people say or think about me, but whatever I post you can rely on, like it or not. A lot of the selling late in the day was a few people that asked me what was going on and I told them.
You all BS aboaut margin, NMS, you should be goddamned glad it hasn't been marginable all these months, or you would be looking up through the grates. Who the hell wants to margin a stock with this type of price action. You are NUTS. I got a bridge, and some swamp land for you. You margin up stocks, not stocks mired in this type of trading range.
I still own more than this board combined, so save your flames for someone that cares. But, you might consider some facts.
1. I told you a long time ago this board was going to push people away, you said pro's don't act like that. If you believe that there is not a pro on this board.
2. The company's story is getting better every day. They are up to their ass in alligators. This is a TOP DRAWER mangament team, and not many of you have any clue what it takes to run a company on a day to day basis, so cut them some slack. They are busting their butts to make this a big league company, and I for one think they are going to do it.
3. Gee, they have had no news for a long time, no new customers, Goddamnit, they have too many customers, too much news at the same time, why don't they space it out, and release a little very hour or so, so we can trade the stock off of every news release. No PR, too much PR, PR needs help, e-mail Jenkins tell him to do this or that, no call him right now, no, it is the MM's, no it is the half moon.
4. Qtr is going to be blah! 3rd qtr is going to EXPLODE EXPLODE. There will be 2999 posts on the qtr, and all of you geniuses telling why this or that did not happen, or what you would have done differently.
5. Before you tell me to stuff it, let me give you some very valuable advice which none of you will pay any attention to, but here goes anyway. a) Quit wasting your time writing about NMS. b)Quit filling the posts with Y2K problems trying to convince Helen Keller there is a problem.
c)Tell Mike Winn to put it where the Sun Don't Shine, and his other friends.
d)Try to really figure out your investment strategy. If you are trying to hit home run, which I think this still can be, don't waste your time here. Own it, trade around your core position if you are that good or lucky, give it one more quarter, and if they really don't shoot the lights out, and if you don't see true progress, sell it.
e) Give the management a break, let them do what they are paid to do, and that is not to hold your hands every day. They really do know what they are doing.
f)Breakouts, breakdowns, shorts, PP's, MM's, you are playing with yourselves if you think you can figure it out, because I guarentte you , you can't. When this or any stock starts occupying your every waking hour, you have a real problem, and I don't think you will be succesful in meeting your investment objectives. If this stock represents the bulk of your portfolio, please Do Not Pass Go, Go Straight To Jail.
g) I myself have been very dissapointed with this stock until the shareholder meeting, but I see the light at the end of the tunnel, and it ain't a freight train. I think this can be a big hit in next 12 months, starting after this quarter is out of the way.
PS I was too tired to correct my spelling, sorry. PPS. The more attention you pay to Mike Winn the dumber you all are, stick your freedom of speech speech also. |