JP's posts are annoying with their WaWA.See h's got us all doing it.
I've reread a number of his posts. His "accent", broken English,
has changed substantially from time to time so I'm assuming that
it is a put on.It's hard to pretend to write English as a second
language and be consistent about it.If it was real, it should have
become apparent by now what the base language is--Russian, Hungarian,
whatever--but that hasn't happened.
If you separate out the "attitude", there's nothing wrong nor, on the other hand,
particularly enlightening about what he says. Still, no harm in
warnings. He's right that there have been terrific run ups on
early results. I've been in this long enough to remember KRR
at 15.00. DTA and HSX were trading very high. It was a disaster
when the evaluation came out. Lots of diamonds that were worth
nothing. He's also right about LTL. Anyone who rode that knows
what it was like. I made good money on PUG early on but it,too,
has been a disaster for anyone who held onto it. It consolidated
around 1.30 and then proceeded to drop like a stone the 20 cent
range. ACA made a spectacular run up and now has dropped back.
Like all spec stocks, they all ran up on speculation and promotion
but probably more on a kind of group-induced hysteria that we all
indulge in (the madness of crowds). The companies don't need to
hype us. We hype each other. Then the NR's came with the real
results instead of our fantasies and the stocks crashed. So, in
spite of his being so obnoxious, the warning about NR's is
worth hearing. Buy on rumour, sell on news, you know.NR's are
dangerous to speculation because they break the spec pattern
by providing reality.
It may be that a. he's a broker with an attitude b. he trades
a lot c. he uses TA but when talking about it plays the fool
d. he shorted WSP and hopes to contribute to the downtrend to
increase his profits before he covers. Be interesting if some
of our internet detectives could track him down. That's been
done before. |
