Mike thanks for the good word.
You must be freezing your bippy off right now. What ever happened to Al, well here's the news.
I started frequenting this thread because I thought Nextel was a good company, I still think so, nothing changed. The i1000 is trick, isn't it?
I stopped posting or even brousing because I was very saddened to see and hear, that, people that I like, people that I communicated with on this thread were put into the devistating positon of watching hopelessly while Nextel's stock dropped into the teens for no apparant reason. If It wasn't for the communication mergers, who knows when it would have come out. To see that Nextel rose again to the mid thirties made me very happy, happy for everyone. So what does this tell you about he market? It tells me that it's gambling.
I became somewhat knowledgeable over the past few years, learned by my mistakes, still learning.
Lesson one: The stock market is one big popularity contest.
Lesson two: The unexpected can happen in a fraction of a second.
Lesson three: A public corporation can no longer be valued by any method that involves common sense, logic, fundamentals, mathmetics, charting, profitability, or potential.
Lesson four: Usually a stock that gets hit by bad news stays down for quite a while. Then, goes even lower.
Lesson five: Before going to bed at night, pray that "after market" news won't send your life savings into the dumpster.
Lesson six: Don't invest in Disney, blue chip or not.
Nextel gossup:
Selling towers, but, expanding into the boonies to fill the gaps and build out the licenses won during the auctions.
Divesting itself of non-essential investments, and getting into postion to be acquired.
Take care
Al G., (confucious say: you don't take this so seriously, live longer)
PS edit (please excuse typing and/or spelling errors, I only know numbers, if I can remember them, that is) |
