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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Sunny who wrote (25305)5/25/2000 10:35:00 AM
From: StockHawk  Read Replies (1) | Respond to of 54805
 
>>I believe my decision then was based in part on the amount of conversation about the "lock" GMST had on the EPG and IPG.<<

Hello, Sunny.

Just to clarify the point I was making, I'm pretty sure anyone who changed their opinion did it based on hard facts. I'm merely suggesting that we are bombarded with so many facts and reams of analysis that we must choose, sometimes subconsciously, which to take to heart and which to gloss over. I believe that price action influences that decision. There is no way to "prove" this point, although I agree with the poster who said this was human nature.

I know in my case, I find it easier to believe good things about a company when its price is doubling before my eyes. It is a tendency I try to fight, but I know I am not always successful (and I do have the losses in RMBS, ELON and VISX to prove it) .

Certainly, if I caused a savvy investor like yourself to reconsider your vote, even for a moment, then I think I did well by this thread in making the statements I did.