SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : USAT Long Distance Telecommunications
USAT 10.560.0%Nov 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dentique who wrote ()2/20/1999 1:18:00 PM
From: BBoron  Read Replies (1) of 397
 
USAT Explained

First, let me state that I am neither long nor short this stock, nor ever plan on ever touching it. Now it's really plain and simple why this stock still has its faithful supporters and hasn't sunk into the bottom of the toilet. The service was sold thru newtwork marketers. The stigma, and for good reason, attached to network marketers is an unrivaled belief almost religious conviction in the product they are pushing. Those irrational beliefs have spilled over into this stock. Whereby, many network marketers who have bought this company continue to tell their other friends/family/networking pals to buy it. It's almost like one of those money pyramids. If you know anything about basic mathematical theory, you will know that money pyramids will fail over time. This company is a house of cards, held up by thousands upon thousands of network marketers. USAT is very vulnerable at this stage....that's the bottom line whether you're short or long.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext