Thanks again to another poster here, who emailed me in private....it was HIS efforts that solved the mystery.
PS-- Like Stu and I, he suggests BCAM will go higher
There is another stock that is in a similar stage, but closer to going up...he will mention it if he likes, as it is his pick, I won't divulge without his permission.
Whether TMEX stays or goes, hopefully he will let us know....he may get impatient....when he does he usually makes up some excuse, but usually it's because he needs a quicker "fix". I really honestly don't have a problem with that.....
Yes, I wish he would see the long term potential more, but he doesn't. It's kind of funny, but on his website he has his stock picks divided into:
SHORT, INTERMEDIATE, LONG and SPECIAL... after several weeks of operation, I don't think there is ONE stock in his intermediate or long term area! LOL! That's pretty indicative, huh?
See, he invests SO much money in a stock, that even if it goes up 10% he does really well. If he plugs $50K into a stock and gets $5k, he considers that a success sometimes, so he doesn't have to hold for the big run, like some of us do, to make a great return. Capiche?
Well, those of us who invest $2-5K in a stock,,, like to play some of them longer to realize full potential. So, our strategy is different than his. That's why I don't depend on him anymore to help out stocks I like.
The moral of the story is....I wouldn't be too surprised or upset whatever tmex does....and we can succeed without him. That's no secret, he is the first to admit...but no question, he COULD be a big help if he wanted to on BCAM to speed up the cycle.
See, he avoids the longer term stuff.....Examples... he didn't like my TGSK @$1.10, even though it ran to $3.09 before dropping back, or my LCAV which also took a couple weeks to go from 1-7/8 to $4.09. I don;t think he even waited for IFLYW to go from 42 cents to $3.50. I also know he did very little marketing of DGIV as it ran from 50 cents to over $8.00. He sold most all his position at $4.75 or so.
Sorry for the long synopsis of TMEX.... I actually kind of like and respect him, I just was concerned that most of you might feel some panic by his post today. He may already be out. One good thing about him that I really respect is that he rarely trashes his stocks after he gets out.... a nice quality. Especially if it has good potential. And if he is still in this, he will let us know.
take care,
DAVE
Just a "Comfort" post so you know that lots of us like BCAM for at least an intermediate play. The PR firm will really help. The technology is really promising.
I really relax knowing that some huge names like Cadillac love their technology and I love the industry they are in. I also love the fact that a reporter from "Business Week" came to them and published in the mag. These are rare and important plusses for even a $5.00 company. They all are littel pieces that almost guarantee the long term success here. IMO....
as always do your own DD and remember right now, the stock performance has nothing to do with the companies performance....that will change soon... it always does! always! |
