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To: Shoot1st who wrote (27774)6/27/1998 10:55:00 PM
From: PitBull  Read Replies (1) | Respond to of 34592
 
I'd really like to hear the explanation as to why NBET, the big dog big pick that so many people seemed to be glued to their computer screens for 10 days waiting to jump on like they just came out of obedience school, what reason in the world is there to NOT share DD in a manner so that people can research it themselves, knowing that if it is LONG term, it does NOT matter what day a person buys into it. Good DD is Good DD. A solid company is a solid company. It would have been decent of him to not gather several days of accumulation before saying "this is it"..many people here kept expressing that, but of course, all those logical thinkers and truth seekers, for the most part, got
one liner answers to keep them at bay. and those same people, for the most part, could smell the stink and did not jump on. stocks do NOT need to be jumped on if they are good. They will be there tomorrow.
most people are not idiots, when they are told something is for the long term, then the DD will be shared immediately, so that others can discuss/debate why it should or shouldn't be for the long term, or just silently DD it themselves. Saying something is for the long term
as a mask for a momentum play ready to be dumped, is pathetic. I read somewhere where on Si on one of these threads where a husband and wife lost some of their kid's college money playing one of these momentums guised as a long term play. That is terrible. That is real. People need to only invest and trade what they can afford to lose. It is all a form of gambling to a certain degree, though unlike the vegas table,
the control you have is due diligence, and hopefully the ability to be smart enough to study the historical pricing and volume of a given stock to see that it has not been affected by day traders, and to see
that it is a stable point when it is bought, and not run up, and to see what kind of float is being dealt with, and to study the behavior of the stock based on what percentage of buys or sells there are.
How many people here are going to UNBOOKMARK this thread? By Monday, I will, and PERMANENTLY.



To: Shoot1st who wrote (27774)6/27/1998 11:46:00 PM
From: Sandra  Read Replies (4) | Respond to of 34592
 
Shoot,
I received this from a friend today, he said I could post it on this thread. Im sure many
of you know who it is.
Yes Ive unbookmarked this thread, and still I am a coward for not coming out and
saying all that I have heard and know.I'm not alone it has happened to many people,at
other times. The one good thing that has come from all of this is hopefully, it will never
happen again. I am sure that there will be warriors on this thread, who will fight for the
truth. Shoot,you are a warrior of that magnitude, there have been many that have come
forward in the last couple days. Im sure there are many out there that wish they could.
Its not easy...
Sandra

How can I know if someone on an investment site is a false prophet or not? Here are
some signs.
1.A false prophet is very knowledgeable about the stock he follows and is always
bullish.
2.A false prophet frequents only one thread on an investment bulletin board, or may
follow a group of stocks from a certain sector...(example, desert dirts on Silicon)
3.A false prophet will sometimes encourage you to take possession of your shares, to
stop the Market Maker who is supposedly shorting the stock.
4. A false prophet tries to play the Market Maker as an evil force who wants you to
sell your shares to him at a lower price.
5. A False prophet encourages you to hang in there as your losses mount.
6. A False prophet is receiving payment from the gods of the company, or has a large
position at a low price in that particular security...
7. A False prophet has a following of people who praise him for his expertise. Many
times one or two followers that frequent the same thread are personal servants of the
False prophet. He gives them insider information, so that they can take up their
positions before press releases occur.
8. A False prophet talks of future stock prices that are unrealistic. The prophet quotes
prices of $20.00, $50.00 or $100.00 a share. He loves to play on your emotion of
greed.
9. A False prophet has a group of Followers that are blindly loyal. Before they know
it, the false prophet has dumped his shares while they are buying, and he then offers
them up as a sacrifice....They are left holding an empty bag.
10. A False prophet suddenly disappears from a thread, and moves on to another
stock, either under a new alias, or by the same title.

How do I find a true prophet, or a real friend, who is not interested in himself or just
promoting a particular stock?
1.A true prophet frequents many different threads on a particular investment bulletin
board or talks of many different stocks daily on a given trader thread..
2.A true prophet can be both negative and positive on a stock.
3.A true prophet is retired or has another full-time job
4.A true prophet shows a humble spirit, and is always trying to help out others.
5.A true prophet is right 60% of the time on his picks and wrong 40% of the time.