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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Froman who wrote (1465)3/8/1998 3:19:00 PM
From: TheInvestor  Respond to of 3351
 
"I jumped off at 7 7/8 and now regretting it. Oh well I should have more patience.
THe price now is too expensive for my risk level.

and more recently:

So get off your hype train, and be real.

Hmmm. . .it sounds to me like you're a bit envious of those that had the discipline to
stay the course and now you would like to see the price drop back down to the level
at which you initially sold so you can make up for your misjudgement of APCO's price
appreciation. Historically speaking, APCO's price is right where it should be, between
a P/E of 25 & 30 or $8.75 - $10.50. As far as I'm concerned, APCO is right on
target and I don't expect it to venture far beyond either of these two extremes in the
near term. But should APCO venture outside of this range, I would expect it to be on
the high side and not the low side. But thank you for your concern about my financial
well being, but I think I'll be foolish for a while longer and let my profits run."

Yes, I do recall posting that. But after I posted that I read all the BS hype that was being posted by people such as yourself and came to a
new conclusion that this stock now is riding the hype train. You all
are making a mountain out of a mole hill in terms of APCO's value. Just like this outfit that considers themselves to be reliable called
VECTOR VEST, they had APCO valued at $8 5/8 or so, and now they are
pushing the price to $11.10, but only thing that change since the $8 5/8 price was the two contract deals news releases that have still to
be substantiated as to their true worth. Does Vector Vest know something that the CFO at APCO does not know. Or is Vector Vest affiliated with some hypsters on this thread who are out to scam the world.
As far as RECY they had it priced at $1.50 or so a few weeks ago, and
now they did it justice and changed it to $8.30. But no financial news
has come out to correct the mistake. I think there is alot of monkey
business going on here. Its called price fixing, that is why I am turning into an unlikeable BEAR now. You all know me for the past year
and I have been pretty much a BULL on these stocks, and on some like
RECY I am very much a BULL. Because I have trust and faith in their
management and believe in their business. I had the same attitude toward APCO for while there, but then the hype train came and lost all
my enthusiasm. You folks trying, I underscore the word "TRYING" to
attack my integrity will get you nowhere quick. In fact I will be a bigger BEAR for it. So give it a break and lay off.

TI