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Technology Stocks : IMON - Quoted from Barron's Corporate Reports

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To: Steven Finkel who wrote (1352)1/26/1999 7:11:00 PM
From: Don Westermeyer  Read Replies (1) of 2220
 
I have to respond to this:

Take it as friendly discussion. :)

How can anyone profess to know so much about the market and ever short anything? Shorting a stock is among the riskiest decisions one could ever do

True. What do they say about investing in penny/concept/pump-n-dump type of stocks?

As I hope you know, the market doesn't always respond to "logic", and certainly not always to yours. You continually put yourself in a position where your potential losses are infinite

A margin call usually takes care of that risk. OTOH the loss will only be big if the company actually succeeds and justify its market cap.

One KTEL can ruin a man

Especially the man that buys at the top. You point is taken though - one should never have a large position either way in a hype stock.


So no matter how many times you yell about how the product sucks, the sky is falling, all longs are idiots, etc, you must admit the possibility that you will be wrong and that this stock will continue to go up


The whole one week it has been going up, huh? Check back in a couple of weeks.


So, if you feel that you must continue to post negative things about the co so that you can scare a few of us into selling, go ahead. It speaks volumes about your personality. I on the other hand, am disgusted by the lack of information exchange on this thread, and will leave, knowing that I have done quite well as a long in this stock


I'd say that he has posted more solid information than almost anyone else here. Have you even looked at the SEC filings? (You know convertables, cash flow, insider selling, etc.)

Do you know anything about those 39 awesome patents they have? Most patents issued are financially worthless. I'd be surprised if there was one useful one in the bunch.

As long as the stock price goes your way what difference does it make what he posts, unless you think the posts change how much money the company makes.

Good luck, most people don't consider a stock like this an investment, but a gamble - just like the slot machine.

Seriously, don't forget to have an exit strategy.
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