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To: Tim Hill who wrote (1456)4/24/1998 7:45:00 PM
From: Vanni Resta  Respond to of 1614
 
Exactly. The Creaf thread is dominated by wire heads who know zilch about investing. Unfortunately, they all allowed their faulty use of TA and bad investment analysis lead them into the stock at exactly the wrong time. Now, all they do is try to put a good light on any lame bit of news that comes out. If there is no news, they make stuff up and call it good.

Example: "All the stores in New York are out of Creaf's product." Hahahaha! How could you possibly check all the stores in New York! Some people are such idiots! And if one store actually is out of stock somewhere, maybe it is just because they have bad inventory management. Or maybe they decided the product is of very little interst to consumers and it is not worth stocking aggressively.

Anyway, the point is, if you go to the Creaf thread and try to present any form or reasonable, intelligent analysis, or say anything vaguely negative about the stock, all the wire heads start whining about how you are ruining the thread and they try to run you off the thread.

Yes, of course, from their point of view, you are ruining the thread. They don't want any interference in their attempt to abuse SI and the whole concept of sharing information on line to make better investments. All they want to do is try to talk the stock up so that they can get out of their losing positions that they bought at the wrong time, because they don't know anything about investing. (One person even thinks that "due diligence" means reading an SI thread. Hahahaha!)

The most pathetic thing is that they don't even realize that posts in on line chat rooms have absolutely no influence on stock prices, especially for a stock that sells nearly a million shares a day.

Happy Investing!

Vanni