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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (50945)	4/23/2001 12:51:31 AM
From: maverick61	Read Replies (1) \| Respond to of 57584

AS, AS, AS - Ahhh, I guess you will never understand. Lets see, you said: "not trying to criticize me as usual" "stop attacking me " As I have stated before, I don't attack you nor do I criticize you just to do so. I use this board for a duel purpose - one to make money and two, to try and help others - and yes, that includes you. My suggestion that you take Accounting 101 you seem to laugh at - and yet it is you yourself who doesn't even understand a simple concept like a current ratio. It is you who can't read a financial statement and interpret it. here is just another in a long line of your own words admitting you don't understand this: "There are many things which are not on the balance sheets like infrastructure, real estate, name value, relationships and deals, reputation, patents, R+D, new products about to come to market (UIS has a big one coming) and so on." First off, things like infrastructure, real estate, some patents, etc are on balance sheets. Second, there is more to a financial statement than a balance sheet. you need to read the whole Financial statement, including the notes - and you also need to read the MD&A in the 10-K or 10-Q. You would be amazed at the information you would find there - all that stuff that you don't think is in a fincial statement. But yet you think I am attacking you by telling you to help yourself and learn basic accounting concepts and how to decipher a financial statement. It just shows how inflexable you are." Now you also said: "And again I know it's just because your feelings were hurt because I criticized GW Bush last weekend" And once again you seem fixated on politics. let me state this once again for you, as clear as can be. I could CARE LESS what your political views are. They can be as wacked as many of your other views - but I DON'T CARE. Get it thru your head. And if you think a post of your's about politics could hurt my feelings - you must be taking some mind altering drugs. Finally, you added: "Why don't you try to have some fun instead of being crabby? Afterall, trading the market really is a game. Like chess meets poker. Post your own picks and get into it" LOL - I am having lots of fun - thank you very much. The market isn't a freaking GAME. Its a way to make money. But your view that it is a game says world's about why you are so inept at doing well with it Lastly, as I have stated before - I do post picks, sometimes right, sometimes wrong - but I usually post them once, with my reasoning and let folks decide on their own if they want to investigate them further. I don't spam this and every other board pumping my picks like you do. YOUR PROBLEM IS YOU LIKE TO THINK YOU ARE ALWAYS RIGHT, NO MATTER WHAT - AND YOU NEVER TAKE ANYONE'S ADVICE HERE IS A PERFECT EXAMPLE: Back in mid-March - I questioned some of your so called value stock picks and you didn't like my opinion - so you asked what I would do instead: Message 15506370 I gave you a very detailed response highlighting stocks I felt were good values - and why I wouldn't buy any of the ones you were touting. Once again, as typical, you ignored the advice - and persisted buying and pumping your own picks. hey, no problem - that is your right and perogative - but LETS LOOK AT THE RESULTS: I set up my portfolio from that 3/15 post - and your's from the stocks you mentioned as value picks - as well as those you have been pumping 20 times a day for who knows how long. Using the basic assumptions that we purchased the stocks on 3/16 (I used the closing price) - the day after the post and your inquiry, and that we purchased equal dollar amounts of $10,000 of each stock - lets see how each of us did: Here are my value picks from that 3/15 post: siliconinvestor.com As you can see, I bought 15 stocks totaling $150K ($10K each). As of Friday's close - a period of roughly one month, my value portfolio was UP OVER $40,000 or 26.7%. Every stock I picked is in the green - with gains ranging from a low of 5.2% to a high of 76.8%. Not a bad performance IMO. Now, lets see what you did. Here are your picks: siliconinvestor.com Now you chose 11 stocks , at $10K per stock for a total of $110K. As of today - your portfolio is DOWN OVER $7300 or 6.6%. In your portfolio - you had 4 winners and 7 losers with the highest winner gaining 12.1% and the worst loser LOSING 47%. IMO, a blind monkey throwing darts could have picked a better portfolio than you. To recap - my value picks from that 3/15 post that you asked me for - UP 26.7% or over $40K. Your value picks - which I warned you I didn't think made sense - DOWN 6.6% But true to your form - you ignore any advice anyone tries to give you, even advice you ask for. But so be it - your choice, your right - however, that won't stop me from helping to educate others using you as the example of what not to do. So, I would say it again, for your own good, learn some basic skills on how to read and interpret financial statements. Since after your picks throughout the year, you can't have much cash left - go to your local community college and take accounting 101, investing 101 and technical analysis 101. Do yourself a favor and learn about these things before throwing more money away - its for your own good. And if you won't do it for yourself - do it for the rest of the folks (excluding the majority who have you on IGNORE) who have to read your misguided ramblings. Good luck and I hope you heed this advice