*AV* Thanks for the pick me up. I really am down and out today and slightly frustrated over a number of things.
The lack of performance on the part of CSGI and PRGS with people really counting on these stocks as a big hit for them. Not too many of the investors are trading these stocks on minor swings (1-2) points or doing the option thing with them. They are all looking for the 28+ or 20+ values presented here numerous times.
Now we have 2 more picks MEDY and PSTA. MEDY is practically down the street from us here and so it was quite easy to ask some very pointed questions. They have no idea why the stock has traded at a volume at least 50% over that of the trailing 6 months. A very highly placed individual there has stated to me that there was a recent 10K release and that no new releases are anticipated for the foreseable future.
When asked bluntly about a takeover, his response was not "no comment" but instead, "it would be news to me".
James Colter through the first volley over the fence with his comments and Shawn responded with NO COMMENT. James gave Shawn every opportunity to respond with, "Yeah I heard that too!" but did not. We are being a bit cagey here and it does not make me feel too terrific.
Give the community a break guys. Stop the cheerleading James or spill the beans, Shawn. It is beginning to look like a snake oil wagon with the hypster selling the oil and the audience plant swearing it will cure AIDS. I know neither of them may see it that way and it may not be their intentions, but it is starting to look as if we are trying to herd people into a certain direction.
I do not want to read on this thread that someone took a loss in CSGI or PRGS in order to climb aboard the next $$$$ express with PSTA or MEDY only to find themselves further behind the eight ball.
I would personally appreciate a relative list of the % holdings on each of these stocks such that their relative importance can be rated.
Is MEDY and PSTA a dabble in the market like USBL or a major holding like CSGI? What are the rankings of these stocks so the small investor can make a better informed decision. Trading history of MEDY suggests something is up just on the volumes of trades down over the past few weeks.
I will probably not be investing in these 2 new opportunities and may miss a very profitable ride on these 2 stocks. But even with my staying power, I will not spread myself any thinner than I am already.
I need to see substance, facts or at least some written rationale before I go heading into another stock. I will not accept, "do your own DD" or the "trust me, this won't hurt a bit."
James-MEDY did not go nuts today. The volume was up and if you got in as of Shawn's post, you were not in under $4.50. And if you were, you should have gotten out with the quick 15% profit and rolled it into PSTA.
If MEDY does get bought out, my contact lied to me, and Shawn was not being forthright with this thread by not acknowledging James' remark more definitively. After all, Shawn cannot be held accountable for agreeing with some else's comments.
I am sorry if this offends anyone since no offense was intended. I have had a bad day today and feel extremely overprotective of the community at this moment. I will be toning down my responses for the next few days and concentrate more on the investments that I believe will be beneficial to those of you interested. As always I will back it up with facts, information and reasons such that a more informed decision can be made. I will also try not to hype or pick a stock that will make you rich overnight but rather solid companies that will perform well in 1997.
I also want you all to know I appreciate your comradiere and insights that you have provided to me. It is a 2 way street and I appreciat you all. |
