Sorry SATH thread...I couldn't resist one more post...
USUALLY PEACEFUL makes a CHALLENGE
Peace just asks Elgindy for targets before the events actually occur
=================== Message 7697148 To: Anthony@Pacific (453 ) From: Peaceful
Saturday, Feb 6 1999 6:33PM ET
"...If you want to try and be absolutely brilliant then allow me to give you the chance here and now, before the stock actually goes up higher or reverses.
Why don't you give me your brace and bold predictions of how high you think sath will get on the tenth before they report earnings. When do you think it will start to sell off and how low do you think it will go Anthony? How high do you think it will go if they do announce a formidable partnership or even a buyout?
Answer these questions now Anthony, lets see if you are really any good or if you are just pissing into the wind like a lot of other average investors. Lets see just how blindingly right you can be before the fact..."
Usually Peaceful
PS: Yeah Anthony I can already hear you pissing a moning [sic???]over there so let me answer your next challenge right now. If you do give me some of your target prices, this weekend before they actually happen then in return I will give you mine for any rediculouse [sic] scenario that your wild and crazy mind can possibly drum up.
I hope to hear from you soon Anthony or is this one of those posts that guys like you tend to ignore [evade] and because they may get in the way of your agenda. Either way good luck.
====================
Elgindy evades the challenge and completely misses the point of Peaceful's post.....
Guess Tony likes to go in the red for awhile until he gets in the black....and sets no targets
Well Tony....another chance....HOW HIGH and HOW LOW....or will we all have to wait until AFTER the fact for Tony to read the next day's newspaper to read on SI what a genius Elgindy proclaims himself to be.
====================== techstocks.com To: Peaceful (462 ) From: Anthony@Pacific Saturday, Feb 6 1999 6:40PM ET
..SATH is nothing but a hype job..and if you dont [sic] believe me ..then prove you are a buyer at these levels ...right now the onbly [sic]buyers will be the daytraders who play the momentum..longs are in..thats [sic] pretty simple isnt [sic]it..so could it hit 30 ..sure.. could it hit 40 ..possibly ,,,50 ...no way..Do I care which no..Regardless of where it peaks whether it s 28 or 38..It doesnt[sic] change a damn thing ...as far as being early..I dont [sic]mind so why do you?
=========================== Kudos to Bear....Bear answers part of Peaceful's challenge
Bear please finish....and set some targets...and encourage your good buddy Tony to do the same Before and not After the events transpire..Now, especially if you are already short....How many points do you intend to cover?
For example......25 to 16 for 9 dollars??? 23 to 20 for 3 dollars??? This really isn't that hard. If the momentum is even momentarily upward as even the Bear suggests...seems like a more profitable scenario would be to go long to 29 for 3+ points and then go short from 29 to 20 or whatever for an additional 9 for a total of 12.... or do these diehard shorts only short? Trading canons..imo seem pretty stupid...Why not play it both ways? Make money on the way up AND on the way down.....especially if this truly is just a "hype job"..
Message 7697282 To: Peaceful (462 ) From: Bear Down Saturday, Feb 6 1999 6:47PM ET
May I answer your challenge? You tell me your "guess" for the open and close of SATH for tommorow [sic]
My Guess, Opens at 27 1/4 because of the hype and moorons [sic] who will put in market buys before they go to work, Might make a high of 29 and then downhill to a close of 25 3/4, just to make it look like an up day...
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Now regarding the 20/20 interview...My sources say Elgindy traded on the information presented on the 20/20 show. My sources note that since the show was tape delayed, Elgindy used these delays to trade on the information that was later presented.
I believe my sources .....
z...
btw...didn't Elgindy learn that a contraction includes an apostrophe? Guess not.... |