Harry,
I am an interested observer that am somewhat amused by your enthusiasm.
You first became a Silicone Investor (SI) member on 6/23/98. In your first post on SI, you attacked the posters that simply wanted to discuss the validity of the claims on the hype of the engine, the company, etc.
Message 4981498
In your second post, you continued your assault, but made the mistake of using the term "mate", which determined your country of origin. IMO
Message 4985250
Now, just a few comments from an interested observer.
A. You have posted 17 messages, ( as I am composing this message, since you have been particularly active today ), and the only posts have been to this thread. The only reason I mention this is because it is the trademark of a paid hypester. Why did you pay your $125.00 to post, and then only post to one thread? Is this the only company you have any interest in? I can't believe you only hold stock in one company. Or is this the only one that is paying you to try and refute the people that are questioning the hype?
B. You state you are from the midwest. Since you used the term, "mate", the midwest of which country? Not that it matters to me, just wondering.
C. You bash other posters for not disclosing their real identities or the companies they work for, but after several posters have asked for your companies name, you have failed to reveal it also.
Hereafter, refer to me as Bull Z. Rider. Self- Employed.
Now, a question from a poster on AOL. <<<<<< Subject: Re: Mr bullrider Date: 6/17/98 8:16 AM Eastern Daylight Time From: MBrosh9219 Message-id: <1998061712162700.IAA00960@ladder01.news.aol.com>
Phil, you have been watching this stock for a long time, you have lost alot of money by not investing early on. Now that the shorts have lost and covered, do you think that now may be a good time to buy. Obviously this engine is huge and major corporations are interested in this new concept, Carol Shelby has written statements about it. If a risk taker waits too long, he may miss the boat on making money. Its like betting on a horse after the race. Im not trying to make people buy this stock, its a very risky investment like any other bb stock. Im just consumed by it, because if thing is for real I and many investors could become very wealthy. RESPECTFULL In for the long <<<<<<<
And my answer.
<<<<<<<< Subject: Re: Mr bullrider Date: 6/20/98 10:21 PM Eastern Daylight Time From: Pwc3369 Message-id: <1998062102215800.WAA16317@ladder03.news.aol.com>
MBrosh,
I have not been watching this stock a "long" time, because the company is a new company.
I have not lost any money on this issue, and I doubt that I will. I haven't lost any money or made any money because, as I previously stated, I an neutral. Using your assumptions that I have lost money because I am not long is like saying I have lost money on every issue that I was not invested in for the last 20 years. I could be a multi-billionaire. Of course, I would have had to invest in all of the issues that have appreciated, and missed the ones that went bankrupt.
You do not make any money, or lose any money, until you buy, or sell. Whether at a profit or a loss.
Do I think now is a good time to go long in this company? No. Why? There are too many unanswered questions.
1. No Financials.
2. No verifiable U.S. patent.
3. Only one unproven product. (Unproven because the performance nor the durability has been proven by a reputable testing facility)
4. There have been a lot of claims made that seem to be hype. (Or at least when questioned, the questions have gone unanswered)
You say, " Obviously this engine is huge and major corporations are interested in the concept, " etc.
This may be true. But without a verifiable U.S. patent, as I have previously stated on SI, the major companies will have AENG for lunch. Even if a patent is pending, the big companies know how to get around the patents.
Even Greg admitted that Murray didn't ask for a demo with the "Big Three" because he wanted them to ask them for a demo. Give me a break, if you believe that, I have plans for a new bridge in Brooklyn, New yawk, I think, that I want to sell shares in. I will design a web page and everything. I will let you know the ticker symbol as soon as I think of one, OOPS, I mean as soon as it is issued.
You are right, if a risk taker waits too long, she/he will miss the boat. She/he won't be on it if it sinks either.
One closing comment.
I was an investor in AT&T when they spun Lucent off, so I got a few shares at the equivalent of $26. I watched the price appreciate to about $48 and decided I wanted more. This was in the fall of 1996. I increased my investment by more than a substantial amount, percentagewise. I held on thru the ups and downs, and am still long. The stock went up to around $132 and split, 2 for 1, and the last time I looked, was in the mid $70s.
My point? You don't have to buy at the bottom to make money. You just have to buy a proven company with a proven product.
When AENG is both of those, I will join you.
Good luck, Phil
<<<<<<<<,
Harry,
I can appreciate the fact that if you invested early and believe in the engine and the company, you have an interest in protecting your investment.
I have stated a lot of times, at this point in time, I am neutral.
Why do I spend time reading the thread and discussing the company and the engine? Because I am a cautious investor that doesn't feel the need to jump on every "HOT" opportunity that comes along without trying to fully determine whether or not an investment is legitimate or not.
In my opinion, at this point in time, the longs appear a lot more desperate than the shorts. FWIW.
Good luck to all, Phil |