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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?

To: Crazy Canuck who wrote (556)	11/16/1999 1:49:00 AM
From: WhatsUpWithThat	Respond to of 1252

Thanks for the thoughts, CC. I'm not one for conspiracy theories, but I don't think you can be far off; this doesn't look like 'normal' trading. In the absence of any news tomorrow, I would not doubt that this pressure could continue to sent the price of the shares to the $3.30 $3.35 range for a time. I am betting that this situation is just going to be temporary. I suspect you may be right that the price drops a bit more, and it could easily look like people leaving...but I don't think so. WEB is the kind of stock we'll look back on in six months with satisfaction, and a year with even more satisfaction. Look at the chart for QCOM, or JDSU: if one had jumped out and left, discouraged, when there was a pullback/drop, what a run you'd have missed! I'm not saying WEB is a QCOM (though personally I won't be surprised to get several multiples of my money at least); I am saying that some stocks are trading stocks and some have such a compelling story they're (gasp!) investments: they require a longer term perspective. That's how it is for me, and that's how it is for many on this thread who've been here for several months or longer. It's been quiet here lately, not because IMO the regulars are discouraged and gone but because they know and believe in the story, the road map, the plan...and they know a bit of patience will look like a very good investment from the perspective of a few months out. I bought another couple of thousand the other day, and I'm now under water on those ones, but I'm not considering selling them. Shortly, I believe, trying to avoid a 10 or 15% shave on these will seem like time wasted. In the interests of full disclosure, I have a trading capital pool and an investment pool. WEB isn't a trading stock, so that portion of my money has been elsewhere. My investment pool, however, has held WEB shares since Spring. it is my opinion that this stock is grossly undervalued. Ditto, big time. As has been said here several times, the primary focus for this company is building a business, not a stock price: build the business and the stock price will take care of itself. With all the good moves this company is making, too many to list here, this is one of the two most exciting investments I have, and you won't find me leaving now. Waiting patiently (well, who wouldn't like the stock to quintuple tomorrow, of course? <g>), WUWT