Robbie and Zurdo,
Anyone who buys any Internet stock that moves 10% - 15% in a day should be nervous, and if they are not, then they are living in a dream. I am a realist when it comes to investing. I do not know how long people have been investing on this thread and what their past experiences are but to let you know where my "Realist" attitude originated from, lets go back two years ago next month when I purchased 2,000 shares of a stock called Centennial Technologies (A NYSE Stock) at $20.50 a share. I bought the shares on a Thursday and the following Monday it did not open as it was halted. All the signs were there and people had warned but everyone had their blinders on. The company misreported earnings for over two years, and when the stock resumed trading a week later, it opened at $4.00 and traded down to $1 5/8 in the ensuing weeks.
So, that being said, I listen and digest all that is being said. I do not wish anyone on this thread one bit of financial loss, and have nothing to gain by bringing up some inconsistencies in what I see with an investment that I own. On the contrary, everyone on this thread should be happy to see that some other people have concerns. Instead, everyone flames a person if they say one bad thing or purpose that this company may be having troubles. No company goes straight up but to many people on these threads think they should. Maybe to many people have not been investing long enough to get burned, but with these internet stocks, there is plenty of time for that.
Brian H. |
