To: May Tran who wrote (9422 ) 2/6/1999 3:02:00 PM From: The Flying Crane Respond to of 40688
Hi everyone: From TK: "other than that I would rather miss out on an opportunity to gain 100% then loose 50% in an OTC:BB issue." I believe that a lot of investors (at least, for the long-term holders) here are looking for more than 100% return on the money. The problem is that once the 100% return is reached and the short-term traders bail out to take profit, only the one with the strong stomach can bite the bullet and jump right back in at a higher price if the price continue its upward momentum. Otherwise, some will be left behind after their short-term profit-taking waiting for the retracement that may not occur. Of course, this kind of continued upward momentum doesn't usually happen all the times and most short-term traders are having a field day picking up loose changes whenever price spike up on good news. But one cannot discount the possibility that this rare phenomenal run-up in price may happen when one least expect it. And it is this kind of phenomenal run-up that will make me more money than the day-to-day profit-taking of the short-term trader. Sometimes, in order to feel comfortable about an investment or stock pick, you will need to spend a lot of time doing research to know about the company you are investing in. More than that, you will need to know about the people who run the company. Their past achievements, their standing and reputation in the industry they are in are all important information. Because research required a lot of hard works and dd, sometimes you must appreciate what other posters have done regardless of their agenda. Z, despite whatever agenda some may speculate he has, has done tremendous dd on companies that he likes , if it happens to be a company that you are looking at, you should take advantage of the additional data that he provided. You can agree or disagree with his research or you can like or dislike his agenda, but one will be foolish to ignore all the works that he did. If someone who is good with dd and research and post information on the thread, the best way is to ignore whatever his/her agenda if there is any and try to tackle all the available information that is being offered on the table. My suggestion is that you never take information posted here as the "real deal'. From this point, you must use your own judgement to dissect and analyze the information for yourself. Afterward, it is your personal interpretation of the available information and your tolerance of pain that determine your level of patience. Once you achieve your level of confidence from your interpretation of available information, anything that sounds negative from any posts in the thread will bounce off your mental framework without causing a stirring especially when you don't see any substance behind it. Btw, most opinions are just opinions and do not by themselves carry any substance. It is the fact that carry substance. However, if you don't do your own dd and homework in analyzing all available information regarding the company your invest in, you are the prime target for any uneasy and negative posting in the thread. Any sign of negativity from any post in the thread will get your heart beating a little faster. And with such emotion turmoil inside your mind, you will most likely make the wrong decision. In summary, when investing in stock, especially highly speculative stock like the one from the OTC-BB, there is no short-cut and easy way. IHMO, you MUST spend some time to research and perform dd on your investment until you feel comfortable to invest in the stock; otherwise, you will be just as jumpy as the next wild cat in a new environment. Again, all of the above is my opinion only. Remember everyone, To Each His Own And Prosperity to ALL! Btw: Johnny, thank for the good post. Enjoy Greenkeeper's post as well. Also, thank to Todd for his dd contribution.