Are you by chance a Stock Broker. Do you know her to be a paid money manager? If not, then how is she responsible? How many Stock Brokers told their accounts to buy AT&T before it tanked? How many Brokerages put out a Strong Buy on a stock they are selling? How many peddle IPOs like they are going to the moon? Anyone who cannot do reasearch and make their own decisions should be buying mutual funds.
AMTX/ICOT went from 2 to 36, then it went from 9 1/2 to 25, then 15 to 20. Over and over it has made good gains for those who made the right decisions -- and you say "she is responsible for thousands of hard earned dollars going down the drain". WHY? Don't you think that if some people listened only to her then went out and bought and sold at the wrong time, that there were also those who bought and sold at the right time.
A with respect to timing -- she has been very positive now as usual and the stock is a very good buy. Anyone buying at 12 is going to be mighty happy in a year, I believe. From what I have read, she has been consistently positive regardless of the price.
So you are saying that we have a bunch of people here smart enough to use computers and surf the net and find this place, but not smart enough to do their own research and make their own decisions.
Are you saying she is only positive at the peaks? Or what?
You said, "she is responsible for thousands of hard earned dollars going down the drain. Timing is a key in my argument."
You really need to support this with facts. And define responsible. What is her responsibility here? What is your responsibility? Who pays her to fulfill those responsibilities? With her responsibility should come authority. What is her authority over others money? Over anything here? How many dollars? How many people? How many acted irresponsible by investing without investigating and learning this business with paper trades first?
Do you ever give free advice or information? Do you verify that information to assure its 100% accuracy? Do you always tell those seeking advice or information that they should verify all information given them by you?
OK, Amadeo (an alias) thinks there are a bunch of uninformed investors here who would call their brokers Monday and put all their savings in Amati stock because they read here that some stranger (Pat) has good info that there will be good news from Amati early in 1997. He thinks you will not do any investigation on your own, you won't call the company for info, and you haven't read even one good book on investing.
---- Brand new investors only, read on ----
Here is advice if there are such folks here, which I doubt. Take $12 out of your pocket and go to the bookstore and pick up William O'Neils, "How to Buy Stocks". Learn how to read the Investors Business Daily. Get you a good source for company news, financial data, and charts. Trade on paper first. Then when you are ready with real money don't use margin! Cut your loses at 10%, always. Don't buy on rumors! There that will get you started if you are as new at this as Amadeo implies.
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John |
