Rande, you know what the irony is ? When things were going good... and price was going up 10% a day, very little DD was done other than .. hey its opening a new web site, and lots of PR...
But now, that there is a lot of commotion and reckless postings of "this stock is GOING TO DIE DIE DIE! COMPARE IT TO USAT OR BRE-X!" you get a lot of people now reading over SEC documents, reading news articles, read magazine articles, digging into PRFM.
Kind of amazing isnt it... and what I like (as a long) is that the more we dig, the more the pieces come together.... and from Friday night when I was peeved seriously about the press release, to just 16 hours later, when I am more than comfortable about the events happening...
What everyone has to realize is... SI has an affect on a stock, no doubt, but in comparison to press releases seen on Reuters (remember at this point there is no official press release even about the web site) and/or CNBC mentioning, then SI is just a small pebble in the stock investing community. I think SI has exhausted itself in terms of buyers... PRFM has gone from $3 to $11 (impressive no doubt) based on power of SI and its buyers... now the next wave (if/when it comes) will be a larger wave of "regular/non SI" people....
What we say here, is more for calming each other... but what Anthony or you or I say won't matter much in lieu of about 4 sentences by Joe Kernan.
Mark |
