OT ... apologies to thread, don't read this it is far too long ....
TA .... since you've gone to all the trouble of researching my posts, I'll respond one final < I promise > time.
My concerns and opinions will be clearly articulated and stated so that you will not, once again, turn them into something against JDSU as a company or investment.
I have stated this numerous times recently ... to be very candid, my issue is with you and your daily ranting posts, not with JDSU as an investment.
A little background on me since you're so intent on researching my posts .... read an article about Gilder and his visit to UNPH years ago .... long before he was "THE" Gilder of pump fame and glory .... was quite enlightening, nothing to do with investing .. everything to do with technology.
Decided to research FO and UNPH as an investment and over time myself, friends and family have done quite well investing in both UNPH and now JDSU. More recently, an old friend asked what to do with some money she "didn't need" for a few years ... so I put it all in JDSU. Within a year, she had a triple .... and giving prudent advice and considering all factors, something you know nothing of, I had her take profits, not her original investment. Those profits have since been reinvested back into JDSU over the past few months, so instead of riding a triple back down below her original investment, she now has probably over six times the number of shares she would have had, all quite profitable. If she followed your daily advice, she would be completely underwater on her original investment.
I discovered the SI UNPH thread and then JDSU thread and have probably read every post over the years. Mostly for one reason, there was one person ... Pat Mudge .. who provided the most excellent research I've found on any thread and I read many. Pat provides great research, insights with balance and does not attempt to ram her opinions down the throat of others. Pat has earned her credibility on SI and has my respect which is difficult to earn. You've done neither; quite the contrary. You discovered this thread 3 months ago and have come to dominate it with incessant posts ramming your political agenda down everyone's throat, posting insults to anyone with a differing opinion than yours, resorting to posting comments about and making fun of a politician's mental and physical problems < which I find incredulous for a physician which you purport to be, thank God you're not mine > and I have also noticed quite a drop in the number of posters on the thread. Seems only Pat and T2 have managed to hang on. Do you believe there is any correlation between your self-inflicted domination of the thread and the drop off in posters? Interesting concept for your consideration. I, for one, find this thread difficult to read anymore and also find it's usefulness diminished greatly.
I did notice that in Nov. of 2000, you doubled your udnerwater position in the low 50s. Any purchase before then had to be at a higher cost. So, basically, in January, you were quite underwater on those lots. Any recent investment, you're ahead marginally. So, basically, let's just say you're at breakeven overall. That's quite a track record TA; one to admire. As they say, timing is everything.
In January, with your doubled investment underwater a minimum of 20%, you ranted daily ... buy, buy, buy .... as the stock set daily lower lows and lower highs over a 17 day period ... your daily rants couldn't be because you'd doubled your underwater investment in the 50s, could it? Your advice in January was not based in technical analysis nor in any understanding of the macro market environment at that time. Any prudent advice would have been to wait for higher highs and higher lows before investing. But, prudent advice, was not your agenda, was it? Hypeing your underwater investment was. No balance TA.
You most recently posted to buy, buy, buy ... guaranteeing a close of 64 on a day the market was breaking down through important support lines. JDSU closed around 54 .... just another example of ramming your opinion down other's throats who may not know better than to disregard your daily rants. Hey, you were only off 20% though. No credibility TA.
Since you went to the trouble of researching my posts on SI, let me add this. I post rarely, probably a total of 30 posts over the years. Of that number, probably 25 have been to you and within the past month ... and truly for one reason only, so that any unsuspecting newbies to investing or trading do not misconstrue the forcefulness of your posts with "good advice" .. they have not been. I am not the debating type and care little about your now barely breakeven investment; I do care though that others learn to differentiate between knowledge and hype, between insight and agenda.
TA ... in closing, to be quite clear, you strike me as a very closed minded individual, one who does not take all factors into consideration in order to arrive at a balanced and prudent approach. You then pass this off to others unsolicited as gospel which can be dangerous if one listens. Of course, if they listen closely, they'll know better.
Peace .... and good luck ..... JB
PS .. apology to the thread, this will be my final post. |
