Mr Flynn,
I will respond to your attack against my investment as follows:
>>I don't have a guarantee. In fact I didn't say I had one.
But you made an innuendo of having (perhaps wishing) the guarantee, by your statement:
>>Until Frank and Franklin can "show me the money" which they are _not_ doing at present. <<
In other words, what makes you think that Franklin/Frank has the slight obligation to show you any "money".
Presumably, as you indicate, you are familiar with penny stock investing, these issues are very risky and stay in research and development for many years, it is up to you to decide (and accept) the investment (and all it represents). In this case, as supposedly you read, or investigated about FTEL, you must have been aware of FTEL's financial history. If so, how is it that you expect Franklin/Frank to "show you the money"?
The only possible way for you to "see" any money (I assume profit), and further assuming you do know how to invest in penny-stocks, as you have expressed, YOUR options (not Franklin's or Frank's) are:
1. Buy at an entry point that would look attractive, and eventually if your analysis is right, sell at a higher price, based on pre-established expected returns.
2 If you think that the price of FTEL is "overextended", and further, there are no possibility of pending "potent" news, then SHORT SELL the damn thing and wait for it to drop, and if so, cover.
3 If you bought with the expectation of a long term gain, based on the company "story", then be patient, become familiar both, with the company and with the industry in which it operates and this knowledge will give you one of two things: a) you will be comfortable with the picture, particularly when the company has about 7 or 8 million $ in the bank (from a fresh round of capitalization, presumably by some knowledgeable financiers) plus additional proceeds from warrants in the no too distant future. In addition, some possible pending attractive orders. If this meets with YOUR approval then you should not care what the zigzags of Mr. Market are. Or b). You did not like the picture of what you discovered, in which case you should sell at the appropriate moment, particularly if you indicated that. you HAVE a profit.
Again, the above are YOUR options. NOT somebody else's opinions that could be either based on flawed analysis, incorrect assumptions, FRAUDULENT LIES, (!), or perhaps, very good research.
The problem in listening to such guru(s) is that you are relying in someone else's views, therefore you can not possibly be comfortable with such views, and you can not possibly be convinced.
Above all, do not come to the thread pleading that someone "shows you the money", particularly when you are referring, and giving credence to someone who all he/she/it has shown is idiotic, misleading and false statements. Example: re-reading publicly posted documents that are misrepresented, or attempting to create feelings of "envy" or "reproach" by showing how many shares the CEO of the company has "already" sold. To which you fell prey
>>Also, if indeed Frank is 697,330 shares lighter than on April 9, 1997 maybe I should be selling as well.<<
Again, are you threatening, promising, or announcing? What is your point??
>>I could reply to all of your points but I'll not be drawn into a flame war to allow you to twist my words with your sarcasm.<<
Fine, I guess you were not as "ready to be flamed" as you stated at the end of your post. Oh well!
What sarcasm? I do not twist words, merely, cut and paste..
>>What the hell being in profit and being WITH child has in common only you know.<<
What the hell "being in profit" means? In addition, if you can not take a little humor, then you are the one that needs to watch TV, by the way I do not. (I prefer to read about investments or about certain non-profitable companies)
>>And yes, I fully understand the risks of investing in penny stocks. I didn't post here for a lecture on investing. I posted here merely to point out that I do not see strong facts to back up the bullishness of most on this forum. <<
I doubt you do, if you did as you say, you would not be whining "show me the money".
Who is giving the lectures, can I go?
If you are going to state an opinion, and further, attempt to establish a dialogue about your doubts, then express them in adult terms and to the point, precisely stating the reasons for your concerns.
EXAMPLE, (I will give you for your benefit one of MY concerns)
I have been watching the process by which the price action is slowly sliding below support (14 day, 50 day and now close to 200-day averages). (Daily chart), There seems to be an established downtrend that MAY accelerate if there is no reversal soon.
As far as the news goes, I have also noticed that continued announcements do create some excitement, but on a short-term basis, the stock seems to be getting hit as soon as it goes up a bit. It seems to me that either we are hitting very strong resistance, or there is a sudden wave of selling for some reason. (As it indeed there is, since as it was discussed here, the one of the sons of Satan, i.e.: Meyerson, seems to be disposing of his warrants).
Now, can you, if you are opposed to such view (or in favor), elaborate on the above, con, or pro.
Do you not think that expressing ONE's own thoughts in a sincere manner will have a better response, than merely repeating and or referring to some idiotic diarrhea?
For example:
<<There is a lack of real positive news from FTEL. (I do not count product evals as positive until the money comes in). If others can post here and correct me great but
please leave out the sarcasm. I hold this stock as a purely speculative play. If it comes good - great (I hope it does), if it rises on hot air - great. If not I knew the risks.<<
Now, what kind of analysis is this? YOU do not count product evaluations as positive. Well, I mean, you do not like sarcasm, and yet, you make these stupid questions..
FTEL is coming out of R & D, and we know that Worldcom has signed a letter of intent about the DVG, and further there are other companies doing the same type of evaluations.
FTEL just came out of a series of tests, shows etc, and now into evaluations, and Mr. Adrian Flynn, wants cash now, damn it NOW! All I can say (staying cool now!), is "Rome was not built in a day".
What a baby! go back to watch TV.
Due diligence, or research takes time, patience, and attention to detail. If a large corporation that is studying the possibility of investing substantial amounts of money in a new technology that will CHANGE in a considerable way how telephone calls/data transmission and possibly other tasks are executed, chances are that there will be an assigned committee that will evaluate and eventually make the decision, to either go ahead and make the commitment, or decline. Such final decision will be subject to various inputs, different levels of study/points of views etc. The point is it will take TIME, how long? Who knows!
However, the important part is they have not said NO! Take your equipment back! they have said, we need more time, we would like to make this and that change etc.
Unless Franklin is not telling us the truth, WHICH I VERY MUCH DOUBT, given the known integrity of the people in FTEL.
So what are your expectations?
********I am impressed, England! Wow!... (No offense Mr. Smith your country is
a great one, as in GB, indeed the greatest pirates ever, they even made
them Knights! Lived there for a few years, I enjoyed it... except the
food, really! Shepherds Pie....ugh!)*************
The above is what I said in re: England.
I have NO IDEA, how that translated in your mind that made you write the following:
>>I'm not sure why you attacked me as an English person (are you racist?) for that was wasted on me ... I am not English. It was a very cheap shot!<<
The reason I said: "I am impressed, England! Wow!", is because you indicated that you were watching some news in England about the Internet and no FTEL was mentioned in those news.
To me it appeared that, again, you were focussing in the negative, and given the current picture about FTEL, your comment was irrelevant. I will admit to "exaggerating" but it was done in gist. As for the comment about Mr. Smith. There is a Mr. Martin Smith who contributes in this thread, quite intelligibly, (I should add). Mr. Smith IS English, at least as far as I can gather. I happen to admire the English pirates of the past who stole/appropriated a good portion of the Spanish gold. The English Monarchy agreed with me because they knighted some of those pirates.
I have great admiration for the English people primarily because in spite of living on a tiny island that happens to have a terrible weather (if you like the sun). They managed to have one of the largest empires of this earth. Do not misinterpret my words, I think they are very ingenious.
In addition, I lived there for a number of years and had one of the greatest time of my life.
So, in short, NO I did not attack you. No I never thought you were English. NO I am certainly not a racist! However, I DO think that you have an inferiority complex, because otherwise, I can not comprehend how you concluded that I was a racist.. If only you knew!
I have certain affinity to the philosophy of Objectivism, which precludes me from being a racist of any kind. As a side note, anybody who has any kind of racist streak in them is extremely ignorant, not to mention stupid.
However, I do have an extreme dislike for idiots, pretenders, leaches, and intellectual assholes. Oh yes, you can also include mystical charlatans and patriotic bromides too.
I believe in the individual and the power of his/her mind, I admire producers, innovators, and risk takers. Above all, I believe in self-reliance. "As in I do my own research and do not need someone else to decide for me".
So, Mr. Flynn I did not attacked you, on the contrary, you attacked my investment, and I merely defended it not with lies, fluff, nor "hype", but with facts, logic and gusto.
If you do it again, that is your privilege, but remember not cry if it gets too hot for you.
>>You better get back to watching television now ... the chat shows
will be coming on soon.<<
As I told you I do not watch TV, such practice leads you to idiocy, I guess you must have a strong affinity to it since you mention it so much.
No apologies here. |
