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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Shane Miller who wrote (6209)11/10/1998 4:13:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 7247
 
shane,

i respect your concern, i have been burned myself and feel free to ask the people on this thread that have been around me for a while....i have been on SI for over 2 years now and screwing people over isn't my game.

and yes i put my money where my mouth is .....added 3k at 9 7/8 of NEWZ.

good luck and welcome



To: Shane Miller who wrote (6209)11/10/1998 4:14:00 PM
From: Starduster  Read Replies (1) | Respond to of 7247
 
In NEWZ and hoping for news and teens...3000 but lots of sellers out there at 10. Shane..... it doesn't mean it's us..... >G<



To: Shane Miller who wrote (6209)11/10/1998 4:21:00 PM
From: CRay33  Respond to of 7247
 
Shane: All your seeing is excitement over a successful recommendation. Tim picked this at 7 last week. Sure there are rumors of something major, but this is the same for many other holds. There is similiar enthusiasm here over DELL & XYLN - certainly not candidates for a P&D

Spend some time here and you will understand more. In fact, you will see that Tim regularly warns the thread about P&D risk.



To: Shane Miller who wrote (6209)11/10/1998 5:25:00 PM
From: ibrandybuck  Read Replies (1) | Respond to of 7247
 
<"I appreciate that Tim makes statements that this is not what's going on here, and hopefully we can see some proof of that by seeing these stocks actually increase in price.">

Shane, I'm afraid you're making an invalid assumption, there - a price increase will neither prove nor disprove your hypothesis.

For what it's worth, though, I'll give you a skeptical lurker's opinion. I have seen a wealth of posts from Tim since well before I actually joined SI (he has always been a prolific poster). While he is as capable of error as any one of us, and while he may have a tendency to highlight positions he currently holds, I have seen little reason to suspect him of active pumping and dumping.

On the contrary, I have seen him bend over backwards, much more than I would think reasonable, to avoid the impression of pumping and dumping. He has been particularly careful, I note, since some bad experiences (e.g., MTEI) and since starting this thread. Of course, I believe everyone is safer with a "caveat emptor" philosophy, anyway.

Tim is always correct, about either a stock, or the timing of its movements (nor does he). My perception is that his record is better than many others I've seen, but hardly perfect. I'm sure he can recall some disappointments for you if you'd like. And frankly, I've successfully shorted some of his picks. But when he's hot, he's very hot (he's been pretty hot this week).

I suspect he would be the first to tell you that the responsibility for acting upon any of the stocks mentioned in his thread and for performing the required due diligence is yours and yours alone.

He runs an excellent thread, which provides some excellent research suggestions and trading discussion. Sometimes it looks a bit more like a day-trading forum than a position-trading forum, but how relevant is such a distinction, anyway? He is a catalyst and has managed to gather a number of disparate and thoughtful posters to the thread, most of whom appear to be making positive contributions. I have gotten enough out of the thread, if I just consider the research suggestions that people throw out, that I feel guilty I don't have more time to become a more active participant.

But judge the thread for yourself, using whatever criteria are appropriate for you.



To: Shane Miller who wrote (6209)11/10/1998 8:36:00 PM
From: HandsOn  Read Replies (1) | Respond to of 7247
 
There is no B.S or spam here, just a cohesive group trying to act as a team and make money. I wish I would have had this thread before I got burned with the pennies.



To: Shane Miller who wrote (6209)11/10/1998 11:28:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 7247
 
I really hope this is NOT a pump and dump thread. I have read and been burned by too many of those on
SI and other places. All I'm looking for is investment idea's that are up and coming and can show either long
OR short term appreciation.


Shane,

Not for nothing, but you have to do your due diligence...after all it's your hard-earned cash.
I never buy stocks mentioned on the 'net (or elsewhere) without punching up the 2 yr chart.

Caveat Emptor!

--Olu E.