Ken, once again we must agree to disagree. With all due respect, nearly all
your past predictions about IOMG 's longterm pricing and growth have
been all wrong.
Obviously you are an experienced market timer and trader, but I think the
trader in you is preventing you from seeing the big, longterm picture.
(As folks would say: watch the trees and miss the forest).
IOMG is the undisputed leader in a huge, fast-growing trend. Much like
Cisco was to the networking industry, and USRX to the modem/remote
connectivity industry 10 years ago. We are talking about an industry
that is predicted by analysts to grow to revenue of tens of billions by 2000.
This trend is just beginning to emerge, and you are already predicting
that it is over!
Despite being impressed by your trading experience, I still think that longterm
investment yield the best return with the least amount of work. If someone
bought and held IOMG since beginning of this year, the return would be
about 350%. If someone bought held last 12 months, the return would
be >1000%. I don't think trading will ever give anyone this kind of return,
yet in trading one has to watch the stock each day and pay all the trading
fees. So what if you or someone here are right about what will happen
next week, but perhaps wrong altogether about the next 3 years?
Most traders I know eventually get tired of the game and become longterm
investors. Better results, less work.
It is even more important for individual investors to be longterm, since shorterm
they are at the mercy of the professional traders - those who are p;laying this game
40 hours or more a day, 5 days a week. There is no way to beat these professionals
at their game unless you become one of them. The good news is that shorterm
manipulations don't usually have any effect on prices in the long run.
Young |
