Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Nittany Lion who wrote (7516)	2/21/1998 8:07:00 AM
From: SE	Read Replies (5) \| Respond to of 10368

Gary, Speaking of Rod, I heard from him about six weeks ago. I emailed him back and asked him if I could mention this to the board as many of us were worried. I just received an email from him and he said that I could tell the board that I have heard from him. That is good news indeed! I have considered that by posting my discussion with JTO some of the people who have lost money in this stock might consider me to be Rod or might consider that have some type of company connection or whatever, as has been rumored here in the past. I decided, however, that these people will not deter me from disseminating information to those of you who are interested; those of you who have shared of your time and efforts with this stock. If they would like to think these things, that is their choice. I am not Rod. I am not a company spokesperson. I am someone who has found what I believe to be an undervalued growth story, I am someone who has put a lot of time into trying to understand this company and I am someone who believes that forums like this are good for the the average investor and I will continue to share my thoughts and conversations. Those that will continue to use the mantra of the 90's to blame others for their own mistakes ("It wasn't my fault, I got roped in.") will continue to do so regardless of what I or anyone else says or posts. The victim mentality is big here on SI. Those of us who have at least a small understanding of the markets realize there is more to stocks than buy it and it goes up. We take responsibility for our decisions and our indecision, our gains and our losses. Finally, anyone who gives carte blanche to anything said on these boards will get roped in. You need to develop an understanding on your own of the story, the company, the management and even then it is not enough. We all had that with Bingo prior to the warrant call. The piece was missed was the markets and the way the warrant call would be played. Sometimes a company's fundamentals are not sufficient to "beat" the market. The market will do what it will even if you understand the company. There are so many factors that as soon as something goes against us, the usual response I hear so often on these boards is to blame someone else. Well, damn it, sometimes you just cannot understand everything and you get stuck. Learn from it and move forward. Those of you who don't are destined to "get stuck" time and time again. I am honored to be equated to Rod. If I had one half of his understanding of the fundamentals of the company I would be miles from where I am right now. He badly misjudged his understanding of the market and was hurt by it. I made the same mistake as did others on this board. That is all. Rod was not a company shill. Rod is an individual investor, not unlike any of us, who cared deeply about his investment in this company and believed very much in sharing his knowledge with us on these boards. It still pains me to think of some of the things I have read about him on this board, Yahoo and Motley Fool. They are dead wrong and that is a point I will stand by and defend. Hope my posts here help other investors better understand where I am coming from and better understand the company we are invested in. I look forward to a continuing discussion and a sharing of thoughts and information. -Scott