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.
Microcap & Penny Stocks : INSP Investors Research -- Ignore unavailable to you. Want to Upgrade?


To: howsmydrivingal who wrote (75)9/7/2001 1:11:03 PM
From: tahoe_bound  Read Replies (2) | Respond to of 787
 
Knowing the following

1) That the market has been sending a message for quite some time discounting anything coming out of the company saying, "no, this is not going to happen"
2) That the company has a propensity for wanting to keep a hopeful hook in for those left to believe in so they have someone to sell their own shares to
3) That very likely, after a lull here in the bear market as the hypesters Cohen, Kerschner, et. al. try to make the 1,650 nasdaq and 1,100 s&p support lows from spring hold before another continuation march lower develops.


What is one's contingency, or exit plan in case the best laid hopes and plans don't pan out?

Having faced that in GNET 15 mos. ago before the "final, final" line in the sand went through and I had to bail at steep losses, I certainly recognize the dilemma. The pit in the stomach is not pleasant.

Just wondering at what point you stop the bleeding, what is the contingency in case of say .50c per share in the next 6 months, with the imminent threat of delisting and possible bankruptcy that comes with it? Seriously. The time is way past to scoff at that very real possibility, seeing as "no one" thought this would happen, not to mention the betrayal. (Personal responsibility is foremost however) How could the trusted ones be so wrong, and still not have any sense of gee, we blew it, where was our sense of professional responsiblity to the public! The SEC has really dropped the ball, but that is another story.

Have 1 share in this converted from GNET, as a reminder and monument to stupidity and not following methodology. Wish more here were able to say the same. There are a lot of good people here, and I really empathize having been there. Just hope that no one is still under the illusion that things HAVE to get better, because they certainly do not. It can always get worse, that is the message of the bear market. This is no longer the same as it was for the last 20 years. Whole new ballgame, and one should be very prepared for the "what ifs" either way, and act accordingly or risk losing the whole shebang. One has to have a point where they cannot tolerate losing any more past that.

Sincerely.



To: howsmydrivingal who wrote (75)9/7/2001 1:42:07 PM
From: KLP  Read Replies (1) | Respond to of 787
 
I like what you have started here. Many of us have not only gone to the annual meetings, talked to our brokers, talked with IR, etc....and have done that for some time. It's too bad you don't have enough time to go back and just skim over the two main INSP boards since the beginning....Some very interesting things appear.

Remember that old history adage: "If you don't learn from history, you're doomed to repeat it."

Many companies, especially peopled by only young people, don't seem to realize that people talk....especially people who have been dismissed from their jobs, for whatever reason.

People talk about money they have lost in the market, and which companies they had been invested in that helped with their portfolio decline, etc.

People talk about the heads of companies, and the Board of Directors....

People who have lost major amounts of money in the market talk. People who have gained major amounts of money in the market talk.

When people go to interviews to their next company, they talk.

Their spouse talks to people, and if the parting of his/her spouse from the company was stressful, they really talk!!

People listen. People evaluate. People sometimes come to the right conclusions. Sometimes they don't.

The internet has made all of us a global community. It would be wise of company officials, at all levels, to recognize, and remember, that.