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


To: Rande Is who wrote (54777)8/31/2001 3:01:40 PM
From: Kanetsu  Read Replies (1) | Respond to of 57584
 
<looking for more profits off the backs of failing companies. . . that is the un-American part>

I disagree, that is the ALL-AMERICAN part. Looking to BUY failing companies is un-american, in fact it's more Russian. Companies that are failing will either make it or fall based on their merits/profits, not because short-sellers correctly predicted their business model was flawed.

And I never said you always said shorting was wrong, but you are implying that it is wrong now are you not? I guess I'm too much of a laissez-faire guy to believe that short-sellers have that much influence, if their views are wrong the market will eventually let them know. Hell, if it wasn't for all the money Wall Street firms make from securities lending (loaning stock to short-sellers), they would be doing a lot worse than they are.

Love that duntz, Jonathan Joseph, desperately trying to save his call on the semis by hyping the Pentium 4 with his "mid-day call". (no doubt preceded by a morning call to his clients to buy intc) The way semis are valued, that sort of "good" news is already factored in, just my opinion, I could be wrong.



To: Rande Is who wrote (54777)8/31/2001 3:19:54 PM
From: If only I'd held  Read Replies (1) | Respond to of 57584
 
"Remember that corporations receive financing based on the value of their stocks. Make them worth nothing, they can no longer attain financing and they have no chance of surviving."

Baloney!! My business is 10 years old and I have never taken a loan or investment from an outside party. It makes profits Rande. I have a single officer, privately owned company...what is my stock worth? I could attain financing if needed.

Supply and demand is supply and demand. You go public with your company, you take your chances. Trust me Rande, shorts don't destroy companies, management does. Warren Buffet could step in and save ATHM right now...if it was a good idea, could he not?

You sound almost charitable to crappy ideas and poorly run companies with statements like that.



To: Rande Is who wrote (54777)8/31/2001 4:48:12 PM
From: BW  Read Replies (1) | Respond to of 57584
 
Rande, I'm normally not one to drudge up old posts and point fingers but I think there are some contradictions and some time line errors in this post of yours.

<<<For the record: I placed short-sell recommendations on plenty of stocks here when techs were flying high. I tried promoting short-selling last September/October. . .even sent many readers over to follow Sharck's short-selling board. . . but I was boo hoo'd for my bearishness. .>>>

Here's how I remember it... I assume this is the post you're referring to: (from Feb 3, not Sept/Oct)

<<I have reviewed literally many thousands of posts by hundreds of short-sellers. . . hoping to find such qualities. And I am happy to report that fellow-Nashvillian, Velociraptor, on Sharck's Soup has the right stuff. >>>
Message 15293117

And it seemed, at least to me, from these posts of yours at the end of Aug, that you were warning people to be cautious of Sharck.

<<Sharck has EARNED his nickname!
Message 14281356
Message 14281266

then you say this:

<<but I was boo hoo'd for my bearishness. . . by December of 2000 I said I was cutting back on my short-term trading anyway [see Money magazine article]. . . and began discussing the general markets more and individual plays less. .>>>

but your post from Jan 18 seems to contradict. this was while you were discussing these burst days..

<<<The tech-bubble may have temporarily deflated, but it surely hasn't burst!
I am very impressed with the resilience of the tech market. It is shrugging off bad news. . . earnings are coming in better than anyone had hoped. . . and momentum is building. . .and as momentum builds, confidence grows. . .and as confidence grows. . . money comes off the sidelines. . .which adds to momentum. . .etc.

I thought we would have moved slower than we have. From Dec. 29: My prediction for January is that the top 5 trading gain days on the Nasdaq for the month will account for 90% of the monthly advance. I believe we will end January over 2800, perhaps even 3000.

Seeing as how we have nearly reached our projections with 2 weeks left to go, we may even enjoy the task of increasing them. At this rate, February should be really fun.

Rande Is >>>
Message 15205984

yes, you're discussing the general market, but you seem rather bullish to me. ie NAZ 3000 in Jan

and then this post from Jan 9 seems to contradict this statement
<<<.....and have not desired to go back to short-term trading ...>>

<<<Ended +5.2% overall today. . .this market is far friendlier to bulls since pre-interest rate cuts. Of today's gains, most of it was from the January Effect on the microcaps. . .some of which have already more than doubled in the past week or two. . . .the next best part was the selling into the morning gap from the swing trades bought yesterday ahead of the spurt into close>>

Message 15151525

sounds like short term trading to me...

and finally there is this post from Oct 23, which sounds like you are exteemly bullish to me, again, contradicting your statement that you were bearish last fall.

<<<I felt as though the markets had reversed. I announced that I thought it reversed. I took positions as if it had reversed. And I am holding my positions with both hands as if the Nasdaq had reversed its downward trend. Fully long and fully bullish. >>>

Message 14639484

just trying to set a few things straight.

Boyd