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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: gbh who wrote (46425)5/9/1998 9:49:00 PM
From: Darren  Read Replies (1) | Respond to of 61433
 
We allow honest mistakes here, but lying is a no-no. Maybe you covered (wisely), but it seems you were short, and probably still are, considering you are still here on the thread, while many of the other shorts that frequented here have packed there bags, looking for greener pastures, no doubt.

That was three weeks ago, man. I'm a day-trader. And the mistake from my perspective was publicizing my position, not being short. I seem to remember that that particular trade turned out rather well...so, I would like to apologize to you if you feel I was lying.

Actually, I never said you were short. I stated "... I sure hope your not making a short play based on this nonsense." And I went on to say, a short play based on a negative trailing PE is stupidity (here's where I used the gray matter analogy). I also never stated you lacked gray matter. I did absolutely question the gray matter mass of person who shorts any stock based on a trailing negative PE (especially one that resulted solely from an acquisition charge of an anti-dilutive purchase). But wait, you are not short(????), so how could you possibly have taken this personally? You should have agreed with me.

I take it personally any time someone moves from an opinion about a stock to an opinion about me. You want to disagree with the direction of a stock, great. You want to insult my "gray matter," that's another matter. <no pun intended>

That's my reality. I still don't know yours.

Fair enough.

I sincerely hope you haven't been short ASND for 90 days. Congratulations on your 100%. I hope your being honest about this.

Let's go over my year so far, and I don't like to do this because I am once again forced to talk about positions. But, for the sake of arguments, here's my year.

AAPL (12+/-), ANN (11), ALTR (29), ORCL (17). The only one I currently hold is ORCL. AAPL (27), ANN (20 3/4), ALTR (44). How have I done this year? I'm not very good at math. As for the day-trading, I'm basically flat for 5 months, but I want to learn day-trading so I'm willing to take the slow start. My best day-trading day is 12,000, my worst -3,000. Now tell me, that's about 100%. Was that so hard? Do you have to be an expert to get those results? NO! And there's still 6 months left for me to find some new positions...