SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 246810 who wrote (686)6/12/1998 12:35:00 PM
From: Greg Cummings  Read Replies (1) of 3383
 
Boys, I'm honored with all the attention. Thanks so much! Two simple facts (IMO) remain:
1) The engine, patents, etc, are real and the simple test of time will prove this.
2) When this bulletin board began, anyone (including you) could have purchased AENG for weeks between $6 and $7. Now the stock requires a purchase price of nearly $20. That's a gain of approximately 200% in just over 3 & 1/2 months. When was the last time you received such good investment advice?

The Moaners seem to be those who are still sitting on the sidelines or those who have shorted the stock. I imagine it's painful watching from the investment sidelines and wishing you'd taken the advice. The Shorters are another story, but they took the risk and now they feel the pain.

There's good news though........In the long run and from this level, AENG's stock is likely to do very well!

As far as the horrible crime of name calling that I'm accused of........I stand 100% behind every word I've placed on this BB, including the names. I believe in calling a mole, a mole, etc. What truly amazes me is the support that a liar receives. I'm sickened when I read a post where they refer to themselves as my (Greg's) "friend." What an insult! Any retractions I've wanted to print, have already been printed.

"Counts by 2" loves to imagine that I'm pretending to be 99 other identities on this BB. So I'll state AGAIN, I've never posted under any other identity than the one listed at the top of this page, and I don't have a clue who Batman, Artic, Plummer, etc. are. Counts by 2 has great difficulty with the English language. If I told him I was posting under 2 identities, he'd probably end these accusations and assume I wasn't. Regarding AOL, I've never posted under anything but my single, original and ongoing identity. Are we clear on this YET or will I be required to answer this same question again next week?

Personally, I call the recent tactics by the far side, "Grasping at
Straws." But, I guess if that's all you have to grab, it makes sense.

Recently, someone asked a question about why the short is in trouble if they shorted at $29 and the stock is now in the $20 range? A very good question! If the short had sold a few shares at $29 and watched the stock fall, they'd be camping happily and experiencing no pain. Unfortunately for them, they weren't happy with a minor gain. They smelled blood and the dogs went crazy. So they shorted and shorted and shorted! Who was sitting on the offer for many days when the stock was at $13? Fannystock was on the offer selling shares to whoever wanted to buy them. If you were lucky enough to buy at $13, it's extremely likely that Fannystock shorted those shares to you. Not a brilliant move, but their nose kept telling them that blood was in the air. If I wanted to guess, I'd estimate their average short is below $15. With the stock trading near $20, this isn't a pleasurable experience for Fannystock. I don't mean to imply that Fannystock is the only short. It's likely there are others, but they're likely to have much smaller short positions and feeling less pain.

FEEL THE PAIN!..............And the game plays on........

Best of Luck, Greg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext