Somehow I don't recall indebting myself to anyone of this thread with respect to sharing what I know about making money in Wall Street or in educating them as to how I arrive at my Technical Analysis results.
Fair enough, but I would really VALUE the technical analysis on other squeezed issues of the past, like IOMEGA DIANA PRESSTECH (i think), how did their TA pictures look like before their squeezes, I think this a valid question and many on here would find your TA very useful, that can either help or hurt the picture for RMIL, guess which one I am betting on? Until you do the TA neither you or I or anyone else out there will know though, Please do so, if you have the time to do continued TA on RMIL, I ask you to please use some of that time to do TA on past squeeze issues and give us the results.
Since you apparently joined the fray on this thread after my original purchase and sale and did not visit all of the earlier posts you could not have understood that the reference to my purchase and sale is in response to those, who for whatever their reasons feel that unless
Again, I APOLOGIZE if I was in error about something, I do not have 48 years of investment experience and am only asking you to please use yours to look at the TA of previous squeezed issues, I have admitted and still maintain I think your TA is far uperior to anything I have and will ever have, I am just asking for a chance to let the rest of us benefit from it, if you will not teach it to us, at least help us in other ways. You have PROVEN you do care by continued TA of RMIL, I am just asking for more of the same with some TA on other squeezed issues and how they compare, I think it would make a very valuable reference as to what we have here, wether it is negative or positive, I only want the truth, If you do not have the time I understand, but most of us here only have a few years experience and not 48 years, would you not have been very greatful for someone to do this for you when you wre 18, 48 years ago, I do not have the ability to TA other past squeezed issues or new ones in the future, I realize you get paid good money for this, but if you want to help ME, and I think OTHERS, we would be most helped with a TA of some new issues and past TA on issues that were squeezed before, if I had the money to give it would be yours, all I can offer is my gratitude though and hope that you will be kind and generous as you have been so far. You are already independently wealthy, life has been good to you and I realize it may have been VERY HARD for you to get where you are at, please don't let it be so hard for the rest of us, kindness is contagioous.
As to sharing information about other situations I may have analized or taken a position in, it would be appropriate for me to do that should I choose to do so where only my own personal investment were concerned or should the small group of other retired executives whose investment portfolios I manage would agree to having that information disclosed.
OK you will not give your info out for free on NEW issues because then the people that invest with you now will not continue to do so, and that may affect your wealth, why pay for something that is free, Right? I understand, I will not ask you for any NEW issues then, but please use your 48 years to ananlyze old issues (squeezes) and let us know theri TA before the squeeze, that should not ANGER any of your current executive investors. As I have said before though, I would rather be following my passions of computers than of stocks, but I am here becasue of brokers like Mike, I do not want to spend the time to invest, and even if you gave your info out for free, If I believed in it and had the money I would still use you so I could have my time to myself, just because you gave info out for free, (if it was good info) I would still let you manage my funds just for the sake of time. I thnk this is true of many professionals, they will not withdraw just because you take some newbies under your wing and try to be kind to them, I may be in error though.
In just two short months I hope to celebrate 49 years of association with Wall Street and the Brokerage Industry. I entered this profession as a wet behind the ears 18 year old who went to work for one of the prominent technical analysts of that time at one of the oldest brokerage firms in the business. No formal economic or college education until 1953 when I enrolled in the Bernard M. Baruch school of the City College of New York to major in Business and Finance.
In 1959, I was asked to join the second oldeest member firm of the NY Stock Exchange as Senior Technical Research analyst. This came about as the result of their management seeing my writings in a Technical Reseach Letter sold by a fiend of mine. I contributed opinions on the "Stock Market" and on individual stock issues while his expertise was in trading commodities. After joining the new firm, I was accepted into the New Society of Security Analysts and subsequently became a "Charter" member of the Certified Financial Analysts association.
As I have admitted before, your TA will be superior to mine ALWAYS, I am just asking for your advice, I will NEVER have the experince or training in stocks like you have, please be kind if you will not teach me, PLEASE just a good TA of past issues on squeezes should not make them angry, I know nothing in this world is usually free, we even have to buy water now (grin), but if I were wealthy I would try to help those that were not, if life had been good to me as it has been to you, I would try to spread kindness to others, and help others with my knowledge, i do that in computers, even if people do not buy from me I help them with all the knowledge and advice I can, that is just being a good person, the world is not ALL about MONEY, the stock market usually is though, TL, I will never be what you are, you are a master of the game in ways I will probably never even be able to imagine, I thank you for your explanation as to why it is not in your interests to educate any of us while you still have investors that depend on you, but on the same note, would it be that detrimental to analyze sme past squeezed issues, I cannot do it, you are the one with the skills and abilities, please help some of us out here who do not have 48 years to depend on and must trust the kindness of others that have come before.
Twenty two years later I retired from working for others, since financially I no longer needed to have a job. During those twenty two years I formed a personal Venture Capital Fund with participation from some of the firms partners and some of my clients. Out of 7 companies financed 5 eventually went public. Of the five 3 were acquired by other public companies. As a result of this venture, I became somewhat knowledgible in the area of "restricted stock", private financing and a host of other related areas.
As I have said you will be far more intelligent in this area than I will ever be, I rely on your good heart (which you have shown with your continued TA of RMIL and I thank you for that) and ask that you please give me some knowledge of past squeezed issues that could help many younger investors here and should not anger any of your current investors.
Subsequent to my retirement, I was approached by a number of my former clients who wanted someone to manage their portfolios. Since I was primarily responsible for what went into the portfolios before I left my firm they made me a rather lucrative offer which I accepted. The catch to this management program is in that it is different from the usual money management arrangements wherein the dollar value of the funds determine the fee. Here there is no management fee. The compensation is strictly based on a percentage of the net gains taken. Note not on the change in asset value but on whether or not your recommendations provided real tangible profits.
It seems to me that many would like to become a part of this, is there any way i could join your fund, I am no mork, but I do have some small limited funds, I would like to invest them with you, just for the sake of education over anything else, are there some good books you could recommend that follow your investment philosophy, if you will not teach me, and if it hurts you to give me some picks, at least let me invest with you then.
In the light of this, I think you can see where there could be serious conflicts of interest should I share my investment suggestions with you or anyone else on the boards.
yes, I DO SEE that now, you could possibly be hurting your own wealth, by giving away your VERY VALUABLE asset for free no one would no longer pay, I thank you for taking the time to answer and I will no longer ask you for new issues and picks for free, however I do not think a TA on past issues would anger anyone and could provide some very useful light on how TA and squeezes appear before a squeeze happens, also if I can get into your fund I would like to do so, but i have meager investment dollars, and if you could smile some kindness upon me and give me some guidance as to how to educate myelf since it would hurt you to do so, I think many here would be greatful for that, some books ar links that follow your investment style.
There have been instances where individuals on this and other threads have e-mailed me and asked for my personal evaluation of a particular situation and I willingly gave them my opinion since there could be no conflict.
As I did with WAVX, I thank you for taking the time to reply to me.
But for you to have the ordacity to ask me to "tell me the gems that will go from .47 to 3 dollars in a few days now" is beyond comprehension.
OK, I apologize again, I will never ask you for a NEW issue or pick again, I do not want you to lose your current investors, and potentoially damage your wealth, I just ask that you please give the rest of us "SHEEP" out here that does not have your 48 years experience a nudge in the right direction, we have NO WAY to learn it like you did, so is there some books or other information that you think would be useful for developing an investment strategy, if not can I make USE of your knowledge directly by investing my funds with you in your fund? I know helping us out here takes some of your valuable time, but you have been very generous with your past TA on RMIL, all I am asking for is a cahnce you did not have, a chance to learn without 48 years of loss and pain, if you could just provide me with some books or examples or links that you think would be very beneficial to a succesfull investing strategy, again I do not have ALOT of money, and right now unless you allow me into your fund the only thing I can offer is my gratitude, I hope you will be kind and smile upon this and see the same eagerness you had when you were younger and not chastise me for wanting to learn from someone as experienced as you.
The other question you asked regarding IOM and DYANA is inane. If you really believe that there is or was any association between what happend to those stock and OVIS/RMIL is ludicrus.
WHY? If those squeezes were ludicrous, where there some that were not? Any squeeze will do, I just want to see how TA compares to this issue and how TA looked on past squeezed issues, any squeeze will do, you don't have to take thosw TWO if they are not relevant, I am asking for you kindness in educating someone who does not have your 48 years to see if ther eis any similar patterns bettween squeezes of the past and thier TA, I am sure many besides myself would apprecaite this and you could help many less expereienced investors with sucn an analysis. I do not think it would anger your current investors either, and we MAY ALL learn some new things from such a specific TA on how squezzes are played out and wether TA predicts them or not.
You flatter yourself to think that your comments about my contributions here, whatever their worth, could in any way influence me to leave or stay.
WRONG, I never said that, it was garry patterson that said that, i told him if you were a true pro, the eagerness of someone with less expereince would not scare you away, I do not flatter myself, i only want some help. My prediction was accurate, you satyed and a TRUE PRO you are, please be kind to the rest of us.
My reason for leaving is that from my experience and training, rightly or wrongly (yes I can be and I have been wrong) I see RMIL as a complete fiasco and there would be no valid reason for me to comment on something that is frought with danger for an investor.
OK, but if you do not want more people to get HURT by this FIASCo as you claim, then please do something that should not jeopardize your weaolth and will only educate us all, what was TA like on past squeeze issues BEFORE the squeeze, this may be VERY valuable.
Well meaning as the yeas have been, their argument is built on quicksand. Opinions that have been rendered by some here range from sheer nonsense to misconception contending with Louis Carols' "Into the Looking Glass" for incredulity.
Right OPINION, you are correct, I want FACTS, I ant previous TA on other squeezeed issues and I want to see how good TA was at predicting them, I am just like you, opinions are worthless, BTW Carol is one of my favorite authors too,
That is not in any way to defend many of the nay sayers whos ranting and raging to say nothing of disgusting personal attack and behavior certainly draws no credit on their person.
I agree.
To those of you who wish, you may e-mail me with your personal questions.
I already have on WAVX, do you think there is good TA there or not?
If I feel I can offer worthwhile opinion to you I will. If not I will tell you. I neither seek nor wish to have my ego bolstered it puts nothing in my pocket and in truth that's why we are here.
You are correct, how can I join your fund and I will put money in your pocket, or how about a book, I would pay dearly for a book with your knowledge contained within, as I am sure many others will to.
To achieve better financial success - at least that is my purpose in scanning these boards.
I understand that it takes money to make the world go round, but it takes kindness too, and it takes the strong helping the weak, the smart helping the uneducated, the rich helping the poor too, we are not animals andd even though I respect neitzche he was wrong on some points, give me a cahnce to learn from your 48 years, don't make me learn the hard way like you did, Please show some kindness, if there is ANYTHING i can EVER do for you with computers, any knowledge you want from me, I wil be MORE THAN HAPPY to give it away for FREE, I do believe in helping others when I have no direct monetary gain from it, kindness is contagious.
Shades, as I wrote at the outset, I believe I am a man of my word and since you asked for it you received it like it or not.
I still do not have a TA of WAVX, or a TA of past squeezed issues, I never said you were not a man of your word and I still maintain that your 48 years in stocks will be far superior to mine always, I am just asking for a little kindess from a wealthy man that has muh more knowledge than me.
As with all my wishes to all the others on this thread my best wishes for success in all you choose to do.
Your best is far better than mine though, I will be happy to invest in your fund to prove I believe that too, how do I join. |
