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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: PeterS who wrote (1245)3/19/1998 11:50:00 PM
From: Justin Curran  Read Replies (2) | Respond to of 8117
 
Peter, I am not "preaching" about PYT. I respect your points as well as Warriors. An alternative point of view keeps us all grounded and alert and is important to keep this forum stable. I am simply pointing out that stocks as a whole no longer trade on, as you say, fundamentals. Ballard power is now trading in the $170-$180 range, all without any sales or even completion of their technology. My other examples(Amazon, Yahoo) have little or no sales and yet continue to steadily rise in share price. I could list dozens of other companies who exhibit the same behavior and conditions. The fact that this trend, continually lamented by most experts, continues unabated. Investors, large and small, no longer buy on fundamentals but rather on future expectations. I'm not saying this is good or bad but it is definately true.
I am sure most investors on this thread understand the risks involved with trading this or any other stock. Especially one trading on the VSE which has earned it'd unsavory reputation. But for small investors a situation like this, which gives them an opportunity to invest in a company with a new product, before they hit the big time, is usually the very reason they began investing in the first place.
When I post on this or any other thread, I only post what I genuinely belive. I never try to hype any stock, it's just that in this situation I know so much good things about this company that it is hard to keep my enthusiasm in check. If I came across as preaching I apologize. I honestly do belive in this company and it's future.

Looking forward to future debate.
Justin Curran.



To: PeterS who wrote (1245)3/20/1998 9:47:00 AM
From: mf160  Respond to of 8117
 
Peter I would like an example of where
I was preaching about this stock
I was one of the first to say that it would
drop for the day on the open after halt
I only have stated that this one has the
ability to move fast and I believe so I am not selling.
I totally disagree with the B.S. on the negative
side especially when most people do know the first
thing about the company or the product.
It is obvious their concern is share price.
If people are looking for fundamentals such as sales
I say you them move on, you won't find that here
No one has to tell me that because it is obvious
At present the discussion concerns are
potential market
production startup
acceptaance of product
financing
Sales NOT
Think on the FAST1 as a crop of wheat
ready for harvest until it is in the bins
anything can happen
But that that doesn't mean you plow it under
Might be buying more today
haven't since the halt was lifted
good luck
Moreno