To: Earl Falwell who wrote (627 ) 4/8/1998 10:32:00 PM From: Binder Read Replies (1) | Respond to of 1757
Fantastic....yeah that's a good word to describe it. I was delighted with the news release, and I am looking forward to further definition of Arcon, but all in due time. I'd rather them take their time and do it the right way than to slam us with news releases that don't really have a lot of news. As far as the trading today, I think there were a lot of things going on...People who bought in at the .50 level were either getting out or BTS-ing it. Also, the momos could have been playing it on the news release. I know what I was doing! (BUYING!!) The point I am trying to make is that the naysayers and doubt touters and shorters have a deliberate motive, and that motive is to drive the price down so that they can get in cheap and then to suddenly "convert" to somebody who is in great favor of the company and can "see the light", until the price reaches a new peak...then they start over again. It is very methodical and deliberate. What can we do about them? Well, we, as long term investors, have basically 2 things we can all do to manage them. We can moan and groan and b*t*h about them to no avail and allow them to hurt our stock, or we can take advantage of them and buy it when they allow us these opportunities. If people buy and hold at the dips these people to create, I think they will last about 2 cycles, tops. I know I have talked to a LOT of people about this stock today, and I would not be surprised AT ALL to see institutional buying come in at any time. I am looking forward to the next news release, but all in due time. I have found the best things in life are those that come very slowly. Just My Opinion, :-) Binder