To: CMason who wrote (2024 ) 8/25/1998 1:16:00 AM From: uu Read Replies (2) | Respond to of 2616
CMason: I just love it when people like you come out and give their advise to people like David (and I and other longs who have lost a great deal on a particular moment in time). It just amazes me how someone like you can claim to be smarter than the rest just because he happened to be lucky (and I say lucky as I will explain why) in one particular stock at a particular moment in time! You say to David: > Good stocks don't need to be sold. It sounds like you bought someone's advice hook, line, and sinker. If you tell me or anyone that the reason you shorted the stock was purely based on your research analysis of the company I say Bull Sh*t! Your research would have been as good as those who decided to take a long poisition in the stock. Please go ahead and give me your strong reason as why you decided to take a short position on the stock, and please be specific with regard to the fundamental data and your so called analysis (rather than babble talk like Wexler used to do that well this company is just a fraud without giving a solid hard core reason for it)!! I really would like to know what fundamental data you saw that caused you to take a short position in the stock. Please tell us the reason for your brilliant self claimed investment decision. You tell David the following: > I would submit that luck is always a factor, but most of the people I know who were "lucky" in the market also spent lots of time analyzing stocks, had an objective attitude, and were willing to take small losses when they realized they were wrong, to avoid big losses not too much later. How do these talents map against your skill set? And I submit to you how do "YOU" map your skill set against the gurus of the market?! From the sound of it you claim to be an absolute guru because after all you are sparing the rest of us with your vast knowledge of the market (and in particular this stock)!! The fact is my friend, you can not possibly make a case against CYBG given the data available to everyone by the company just a few short months ago. There is absolutely no way you can claim you knew this was going to happen. Based on what data did you make your decision to short the stock?! Or perhaps it was purely based on the advice you got from another self claimed guru like Wexler?! I hope you do not take me wrong in any way. I just found it very strange when a stock crumbles (as the case is with CYBG) all those who shrted the stock come out and try to be a bunch of wise ass giving advise to the longs who have lost! But I guess longs do a similar thing to shorts, so like they say what goes around comes around! Stocks do go down. As investors (either short or long) we all come to experience the joy of winning and agony of defeat. No one, and let me be specific on this absolutely no one can claim they always are big winners (the way you and Wexlers of the world regretfully attempt to imply). I have lost and gained a lot over the past many years of investing, and will continue to do so for as long as I live. However if one thing I have learned after so many years of investing is to be humble . Life will continue and it is an evolutionay process toward the better. The road of life is bumpy but I have learned only those who are humble will achieve the ultimate success, and those who are not may gain in the very short term but will never reach the absolute success. And Believe me I know this as I used to be driven strictly by my ego rather than modesty. Take my word my friend and take it for what is its worth, be humble, and be wise. One's loss in a stock does not make him/her an ill minded individual as you seem to imply to David and the rest of us who at this time have lost. A coin has 2 faces. When you toss it up, sometimes it lands on its tail and some other times it lands on its head. There is absolutely no way you can claim to be able to toss the coin in such a manner that it will always (or for that matter most times ) land on one side and not the other. We as longs did our best analysis of the company based on the data that had been made public to which we trusted. Based on that data the stock had a great potential to appreciate much higher than what we paid for. Like I said in my previous post it is absolutely unfair for the company to make invalid and wrongful data to the investors, and there is absolutely (and let me be specific on this absolutely no way) you or Wexlers of the world would have known the data was bogus unless you worked for the auditing company, or were a dominant insider. I do congratulate you for winning in this particular stock at this particular moment in time . And whatever reasons you chosed to base your decision to short the stock (whether it was the psychic hot line, Wexler's 6th sense, the stars, or whatever), the bottom line is if you did in fact shorted the stock at $11 or better yet at $24 and covered today under $2 you did make a significant profit. My sincere congratulations to you and may your next investment experience be as successful as this one. Regards, Addi Jamshidi