Let's try this again.....here's what you said.
To: Sam Ro (115 ) From: Sam Ro Jan 21 1997 5:41PM EST Reply #116 of 167
Any T.A. gurus on this thread? Are we coming off a bottom, next target 11-12, then the gap at 14 and change? I can only hope....
Sam
....Now, that wasn't MONTHS ago, it was less than one month ago. You yourself have identified yourself as an "investor" not a "trader." So, why then where you asking for TA information on if a bottom had been reached? Your post attempted to make light of TA's ability other than in the short term, yet you not being a short term trader, asked for TA help? Strange!
You think it has hit the bottom, so do I, but my question is, what reasons do you have, other than "hope", to signal that this time it's any different than it was at 20, 18, 16, 14, etc.......
By the way, regarding Jordan, and his ability to move the stock. He has been with the company quite a long time as an endorser, sits on the board, and holds a lot of shares. He has been here through the whole tanking of the stock, so why didn't his presence keep the price up. Simple, he is a great basketball player, but that has no reflection on stock price. Also, regarding NIKE and Jordan's loyalties, he is a NIKE endorser, but in his contract with Oakley, he is forbidden from endorsing any other company's sunglass products. Somone asked!
B.C.L. |