Mkilloran,
Actually, I had sold last week on earnings day. I did a very simple thing to make my decision.
I made a list of positives and a list of negatives. Compared and
"weighed " each item.
I tell you what, it was simply no contest. The list of negatives was endless....Additionally, I took the list of positives and speculated what would happen if everything turned out Roses for ALYD...all the positives come to fruition, and this sucker performs splendidly. I then compared to see if I could match those positives with a better, safer, proven Co. The answer was a resounding yes. In fact, there are many, many issues I feel I could do just as well with as ALYD, assuming ALYD performs great. So the list of negatives is endless, and rather scary as well, and the list of positives, if achieved, is something I could do elsewhere.....Well, it wasn't a tough decision when looking at it like that.
As far as my friend goes......I was really pissed off yesterday. Plain and simple...all I said was after visiting the Co, he has decided to sell. next thing you know, ole Techy is misquoting me saying I said i had a friend who got a special meeting that nobody else could get who has special info and is dumping his stock to keep the price down and bla, bla bla....I specifically said I did not know who, what when where or why...only that he visited and is now selling...and will sell over time. If tech wants to read special meetings and etc, into it, then so be it, but I made it perfectly clear that I did not know a single specific other then this guy has alot of money, alot of shares, is very sharp, and then I said that it would make one wonder what he knew, or what happened to make him want to sell.
I also notice Tech mentioned there are still alot of people that believe in ALYD, and I am sure there are. What I see are far less believers and more people that :
A.) Bought in high, and are just holding on and hoping they get back some losses.
B.) People like me, that were long, but were not believers. We simply play the market and wanted to take a chance on something that may bring in a profit.
I have companies that I invest in because I believe in the Company, The Product(s), and The People. I don't even look at the numbers. Why are people invested in this ??
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