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 : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?


To: David W. Taylor who wrote (1054)5/11/2000 8:48:00 AM
From: MeDroogies  Respond to of 2013
 
Once again, that condescing tone prevails....

This was exactly the point I was making about how ironic it is you are here. I'm willing to bet that your profits are not nearly as good as mine as you've claimed to be out of the market for the last 2 years.

Most of what you said is true. I don't argue about greed or the inability of people to be able to buy at the bottom and sell at the top. But I didn't say anything about either one of those things.......

What I said is that alot of people have made money on CNXT as it climbed. Right now, most losses on CNXT (including mine) are paper losses. So, I have no net loss yet (like alot of people), and have made some money trading the stock.
History disproves your thesis, that the whims of the market will steal gains. If what you say is true, then why is the market higher today than it was 5 years ago? Clearly, many more people have made money. Have some lost? Sure...but it isn't a zero sum game.
CNXT is a market leader, in a growing market, with solid management and incredible new prospects. Were this NOT true, the S&P would have undoubtedly left it off the 500.