To: maintenance who wrote (11237 ) 1/7/1999 3:03:00 PM From: bill Read Replies (2) | Respond to of 26850
JP's posts are annoying with their WaWA.See h's got us all doing it. I've reread a number of his posts. His "accent", broken English, has changed substantially from time to time so I'm assuming that it is a put on.It's hard to pretend to write English as a second language and be consistent about it.If it was real, it should have become apparent by now what the base language is--Russian, Hungarian, whatever--but that hasn't happened. If you separate out the "attitude", there's nothing wrong nor, on the other hand, particularly enlightening about what he says. Still, no harm in warnings. He's right that there have been terrific run ups on early results. I've been in this long enough to remember KRR at 15.00. DTA and HSX were trading very high. It was a disaster when the evaluation came out. Lots of diamonds that were worth nothing. He's also right about LTL. Anyone who rode that knows what it was like. I made good money on PUG early on but it,too, has been a disaster for anyone who held onto it. It consolidated around 1.30 and then proceeded to drop like a stone the 20 cent range. ACA made a spectacular run up and now has dropped back. Like all spec stocks, they all ran up on speculation and promotion but probably more on a kind of group-induced hysteria that we all indulge in (the madness of crowds). The companies don't need to hype us. We hype each other. Then the NR's came with the real results instead of our fantasies and the stocks crashed. So, in spite of his being so obnoxious, the warning about NR's is worth hearing. Buy on rumour, sell on news, you know.NR's are dangerous to speculation because they break the spec pattern by providing reality. It may be that a. he's a broker with an attitude b. he trades a lot c. he uses TA but when talking about it plays the fool d. he shorted WSP and hopes to contribute to the downtrend to increase his profits before he covers. Be interesting if some of our internet detectives could track him down. That's been done before.