Ms. Loafing, In my search for humility I've examined my postings to you for a sign of the arrogance you accuse me of. Early Saturday morning (I am in the pacific time zone) I encountered a remarkable string of posts from you:
You posted to "PRGY-Prodigy Communications" Saturday, Feb 13 1999 12:19AM ET
I just bought prgy @ 35 DID I JUMP IN TO LATE? I ALSO OWN SOME CMGI I BOUGHT @ 130 I THINK IM TOO LATE FOR THE HOOPLA SHOULD I SELLLL TUES ? SOMEONE OUT THERE ANSWER ME PLEASE.
You posted to "CMGI What is the latest news on this stock?" Saturday, Feb 13 1999 12:29AM ET
i bought cmgi @130 should i take my losses or hold ?can someone help; me out please
You posted to "Individual Investor Group (INDI)" Saturday, Feb 13 1999 1:12AM ET
Is it too late for me to get in? I liked to put a bid in @ 8 and I also want to make lots of money can someone help us out
I came across your post to the cgmi thread over 8 hours after it was posted, and was surprised that no one had responded to a plea for help from a panic stricken newbie to SI. So I decided to be a good threadmate, and sent you the following Private Message (PM):
Loafing, I've read your three posts and I'm going to try to give you some help. We've got plenty
of time, due to the market closure on Monday, so don't feel rushed to make any decisions. First I
need to know a little about you... it would help if you had filled out your SI profile. Tell me the
following:
What age group (20s, 30s, 40, etc)?
How many years investing?
Account type (ira, 401K, trading)?
Are you trading stocks over the Internet or with a broker?
What stocks do you currently own (just the names, not the amounts)?
What is your investing goal (more money, car, house down payment, college, etc.)?
Answer the above, and I'll get back to you later today with some ideas.
Later on, I saw an excellent open thread post to you from Brian Malloy, who I know from the dell thread. I responded to him
Excellent advice, Brian, but only what I'd expect from a dellhead. Loafing is in desperate need of a mentor. I second your suggesting that he start his investment career with an index fund; it's a great
way to beat 6 our of 7 mutual funds every year. Then he should start his self education by reading something like Peter Lynch's Beating the Street.
I was tdruly dismayed to read the following message from you to several others on the cmgi thread:
Thank you happy girl, Brian, SC Barnard, for your time, and to you arrogant uncle frank, I am a long term holder of DELL, CSCO, WLA, and AOL...
Ms. Loafing, I have been guilty of arrogance on many occasions, but surely this wasn't one of them. Thread comments welcomed.
Sheesh, kids,
Uncle Frank |
