<<But have you read the MSN interview with Ron Popeil?
htpp://communities.msn.com/television/ronpopieltranscript.asp
It gives an idea of the size and scope of RONCO's operations. Granted these are unaudited claims given in an informal setting. But unless you are willing to charge Ron Popeil of making false and misleading statements in this interview, I suggest you back off.>>
I have cut and pasted this above statement because it is very valid to the over all picture of this investment!
First of all, in fairness to our resident bear(whom seems very upset that he missed this move) to suggest that the stock will go to $10,$50, $100 is as silly as suggesting it will go to .10, .50, $1.00. NO ONE CAN POSSIBLY PREDICT SUCH THINGS.
On the other hand, everyone is excited about the smart investment they have made and predicting the movement is exciting in retrospect.(notice I said exciting, not illegal!) This by itself does not make ONTV a pump and dumper. Many stocks that have gone up 100's of a percent in one day, have held their inflated prices and moved higher in many cases. You have to remember the sector that we are dealing with, it does not move on fundamentals. So with this being said, a reasonable person could conclude that ONTV does have some potential to take off like many are suggesting.
Now back to my original statement that the above paste is a very important point not to be overlooked. Ron Popeil would be a fool to ruin his good name on a pump and dumpper, wouldn't he? He would certainly ruin his chance of making any money in the future on the internet by destroying his credibility. True we do not know much about ONTV, but we can trust that they are a legitimate company on the basis of Ron Popeil's name. So although we do not have a $$$$ amount to place on the companies worth, we can put a $$$$$ amount on a well know name. Think about what companies pay for well known names to back up their products(Michael Jordan, Jerry Seinfeld,Rosi O'donell, etc...). Ron Popeil is the biggest name of infomericial TV land. The fact that he is allowing his name to be associated with this company, says more than any financial sheets will.
Any BB stock is a risk, but then again so isn't any other stock. The question is, how much do you think Ron Popeils name is worth to a company? When you have figured that out, you will know if .80 or $80.00 is more realistic.
Ron Dior
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