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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (7412)8/2/1998 11:59:00 AM
From: Michael Hanson  Respond to of 29382
 
You posted, "I originally picked DATC at 5 1/8. It has not gone up...yet." Indeed, it has not gone up yet...it's gone DOWN 18% from your May 23 post. And when it goes UP, as many stocks eventually do, you'll undoubtedly exclaim that you "picked" it at $5...conveniently forgetting about the huge loss anyone would have sustained had they bought it when you picked it (sorry, I consider being down 18% to be a huge loss, and not "stability"). That's your pattern, man...just like when you continually post that a stock has an "attitude", it goes down, and you remind us that you originally picked it long ago at a much lower price. You can't have it both ways. Fortunately, the posts don't lie.

Get to work on that model, Doug. It's a better use of your time.