First of all, I'm not trying to bash Jim B. But,if you read his messages sequentially, there is a pattern that could, by honest people, be questioned.
With all the hyping and bashing that has been going on with this stock, that should be a major concern. Jim B obviously has a lot of followers. His widely announced decision, at a crucial time, to sell, directly contradicted his urgent encouragement to hold, just days earlier.
He probably took a lot of people with him.
If there is a short position, and for the time being I won't argue that point, Jim B probably helped the shorts more than any of the atrocious bashing on Yahoo, no matter how well-intentioned or sincere he may have been. That's why we should look at his (and all other advice) with plenty of caution.
For the record, I did not buy PKGP because of Jim B. I do not get Top Dog and I'm only aware of it because of this Board. I do remain long. Will I add to my position? No. I'm just waiting to see how this stock plays out. BUT...that is my opinion, only.
DS |