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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (4306)1/30/1999 12:02:00 AM
From: Tom Swift  Read Replies (2) | Respond to of 12872
 
OK, I'm going to take it off my 5% list & do some research on it. I just bought it because I had a lot of cash at the time & you told me you liked it -- never did any DD beyond the scam scan, I just figured that your short time frames (and positive tone) would let me turn it around quickly.

This is, of course, the "problem" in investing based on SI BB "research" -- I get lazy and follow people I trust (such as you) into positions and then try to shave a few points of profit.

Plus, I tend to want to be a value investor and in the current market, this is a mistake. It don't matter how good a company is, price movement is now based on media exposure (CNBC, internet chat rooms, linked press releases, etc.) For instance, I got really excited by CTT because of the fundamentals but I now have them on my 5% list to keep my liquidity.

I could go on and on, I am learning, and the "all stocks are crap" mentality is growing on me.

regards,

Tom



To: Wayne Rumball who wrote (4306)1/30/1999 11:41:00 AM
From: musicguy  Read Replies (1) | Respond to of 12872
 
Wayne forgive my feeble memory... I am too shell shocked to recall or go looking for it, what is the GLMC "big event" you speak of?

I remember I had a flaky "feeling" about it... nothing concrete just masculine intuition. It seems to be in a position to move a great deal, with the increase in licenses, but that news, while potentially huge, is already built into the stock price.

Is there something coming that will take it to the next step?

I am very happy to be in SDMT/EBLD and IDTC right now. They both "feel" very good to me.

Mystically yours

MG