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 : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kumar Nathan who wrote (324)3/8/1997 7:32:00 PM
From: JACK SHOYKHET   of 1011
 
Kumar:
Thank you for your thorough explanation. However, your logic fits a profile of a short-term player who is trying to time the market. Your analysis are very logical and I agree with your assesments, however, playing short requires a lot of statistical analysis and guts. You, from what I could gather, lost some money on this stock.

My investment philosophy is a bit different then yours. I shorted this stock at $20.00 based on my trend / statistical analysis and sold it at $7 1/2. So VRTY had been very good to me.

I do not know if you noticed the trading range on Friday -- VRTY hit $9.5. I know a few people that made a lot of money before you ate lunch on Friday.

My point is very simple -- any investor must do what is most comfortable for him / her. Our success is measured by performance, not BS. Even though I do give you a lot of credit for thorough and informative analysis, I strongly recommend that we do not cross the line with r-e-c-o-m-e-n-d-a-t-i-o-n-s! Especially when you establish trust with your readers! They start to believe your suggestions and get hurt in the process.

Other then that, I must say -- your English is outstanding! Do you know who Raj Kapur is?

Jack
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext