Lee, 2 comments:
1. Your reference to Wenger's show as "standard informercial spiel" is off the mark. Informercials sell goods and/or services. His show sells neither. Now, granted, it comes across sometimes as a sales pitch, but there IS a difference. I, for one, have found out over the last 3 years that the show is good only for making one aware of some smaller companies. The hype should be ignored and one should do his/her own research.
2. Why are you interested in discussing a company if you have no interest in it? Your statement, while true, adds nothing to the conversation. It also implies that you don't know much about this particular situation. To blindly group HEARx with all other "red ink" companies is a mistake. You have to do some research on this particular case. Do you know why they aren't in the black yet? Do you know what they've done to get into the black (especially within the last year)? Do you know anything about the management and the investors? Do you know what their plan is? Do you know what the hearing care industry's potential is? Do you know ANYTHING about the company? If you do, then I find your comments very perplexing. Sure, there is a downside risk (as there is with ANY stock, even blue chips). But the upside reward far outweighs the downside risk.
Ok, enough on that. I don't mean to jump on your case, but I just didn't see the point of your post...
-Gene |
