To: 4-UR-Eyes-Only who wrote (2643 ) 4/19/1998 4:24:00 AM From: Linch Read Replies (2) | Respond to of 3307
Reflections This past January (with the run-up over $2.00 after the $1.25 December plunge)I stated that I hoped QDEK would retest $1.50 so I could purchase more. Most of us didnt think it would happen, but here we are again at bargain prices. Over the past months we have been posting our QDEK sightings at retail outlets and I think we all agree the QDEK presence and visibility has grown substantially. Over the past four-to-five weeks QDEK (when around 1 7/8) received favorable recommendations from a variety of sources: -Two technical indicator services: Vector and the other I forget but it was mentioned on this thread. -QDEK was also mentioned as a buy in some newsletter also mentioned here. -Lastly, I think we all remember the favorable mention of QDEK on Bloomberg just a few weeks ago. Did we not all love this company on that day? Now either all these guys, including ourselves, are idiots or we have a very wonderful opportunity here. As a broker a few years ago I sold LCOS (Lycos) at 17. The next day it hit 19 and started to sink immediately. About 6 months later the stock was at 5.50. Its now around 70. Ive been following BBY (BestBuy) since working there in college. The stock hit 7.50 less than 12 months ago as earnings were down and they were temporarily in violation of some loan agreements. The stock is now over 70. I bought CNS (Consolidated Stores) about 7 years ago at 3.5, it was at 1.75 one month later. Its now over 40. The point Im trying to make is that patience here will be rewarded. Im buying at every opportunity under $1.50. Im trying to muster up another 3k now to buy at $1.37 on Monday. This will put me at over 10,000 shares. When people are heading for the exits its time to take a look at the entrance so long as the company is legitimate, setbacks seem temporary in nature, and the house is in order. Many times very intelligent people lose their shirts because they try to outguess the market and move in and out of stocks as often as they change in and out of their clothes. But I tell you, Ive meet many a people who have grow wealthy because of their ignorance. That is, they buy a stock/mutual fund and hold it. They dont read the business paper, watch CNBC, or even have a computer. They have patience and sometimes, my friends, thats all thats needed. Im a buyer and a believer. Go QDEK !!!