Ken,
You are exactly right. What's so funny is that ANYONE (probably 99%) of the participants on these chat lines are totally irrelevant to what the market does with a particular stock. Some real players (or some person in their organization) browse from time to time just to see if something is getting undo attention, but it's mainly just for fun. You should be buying or selling a stock based on accurate information you trust, not some (or in this case 3 or 4) full of hot air thirty-something self-proclaimed "experts". The truly brilliant (or in some cases, daring) minds make it big in financial circles. My own humble (and, again, remember, I am writing this on a chat line) opinion on this ZITL is that as things stand now, its long term trend will be upward at a pretty good pace. I feel they have a component of the solution to the problem that all other companies will want. Once contracts have been put in place, you will begin to see announcements. These will probably begin within the month and run into early next year. With each one of these announcements, these "shorting experts" along with some REAL "daring" trading experts will be forced to ante up with greater & greater sums of cash. The real ones will play for a while. This should bode well for the stock short-term. You can bet that the highly trained minds on this chat line will bow out shortly & will pout about their losses by continuing to feed you all their fairy tales every day, HOPING that some way the stock will fall, & they can claim to have been "right". Just remember, their motivation. They need the same kind of "following" (albeit on a limited scale) that several newsletter writers need. If done long enough, people begin to believe their own B.S. That's not to say that there aren't some good minds out there. Just follow up with your own research. It takes some time, but when you hit one, it's worth it.
Now, just to make my point, do some research on this one -- KCDH. Look at all the data. This company has not been in business very long. They have spent a lot of money on startup, promotion, building their production facilities, etc. They have climbed into the number three spot in their industry in record time. Like many stocks, anticipation early on got the stock ahead of itself. They are now poised to justify that share price within the next 6 months. This won't make you a millionaire, but if a good 300-400% gain is worth your time & investment -- check them out.
Remember, you are your own best critic & advisor. Let these "experts" waste their time. |
