To: Jeffry K. Smith who wrote (89868 ) 8/19/2004 12:18:03 PM From: im a survivor Respond to of 93625 <<"...She seems to have found some minor support in the 14/15...">> I may have jinxed it when I said that <g> I am digging thru a mess down here in florida and have no idea why rmbs was up when markets were down earlier, but now I see they are down on heavy volume...what news hit to cause this? I see it took quite a drop before coming back now... <<I agree - given the history of the lawsuits that I have read about (RMBS coming out on top) I bought in this morning @ 15.20. Up, up, and away!!>> Well, maybe you jinxed it by buying <g> ;>( -- As for 'history of lawsuits', well, I think that is one of their problems. Have you read their financials? Have you seen how much money has been spent on legal issues over the years? Not only are they wasting shareholder value because profits are not as high due to the constant legal expenses, but investors know the mantra "never buy a lawsuit", so they dont. They wait for matters to be settled...at least the smart ones do. And certainly companies that are constantly in court will have a hard time getting buyers to step up....If they win, and things get settled in their favor, it should shoot to the moon, but nobody knows how long this will go on, or how it will turn out so it is a 100% gamble, imo...but hey, sometimes gambles pay off in a big way...and sometimes they dont.... <<The shorters don't seem to recognize that RMBS will probably rise as we near the September court date.>> In this market, there is no telling what ANY stock will do at ANY time, imo. <<If RMBS's case is that bad, I'm sure the shorters will bring on the FUD. I just have to say it - if you are a shorter, you rely on FUD, not facts. >> Well, I am not short and never have been and yes, I will admitt that NAIVE shorters may use FUD, but the bottom line is A) stocks are rarely effected by any bashing or pumping that goes on on message boards. The Majority of investors realize they should never act on anything they read on the boards. Read them, then do your own dd. If you do that, which most smart investors do, you will not buy or sell based on unsubstantiated pump or fud/bshing. B)Again, some shorts rely on FUD, but I tell ya.....it is far more difficult to short then to go long. Most successful shorters are very, very smart. Although I do not short, I have made many 'internet friends' who are shorters and they are very smart and I learn an awful lot from them. The idiot shorters are put on ignore, but the true one's are very smart, rely on facts and TA/FA alot more then longs do and my mantra is knowledge is free, always look at both sides of every coin and then make your own decisions.....so I enjoy hearing what the smart shorts have to say and I do learn quite a bit from many of them. Good luck with the BU$$