To: CASINO1 who wrote (176 ) 4/13/1999 10:53:00 PM From: Dave Gore Read Replies (4) | Respond to of 941
NOTICE...SHORTERS WILL BE ATTACKING THIS STOCK. You may see new posters here like trader14u. The reason is simple...these people short stocks and the higher they go up, the more they get involved. Once they get in and it keeps going up, they get more desperate. Nothing really wrong with this...the SEC allows it, and they will even eventually be right, but... I would be wary of anyone who you don't trust or know as a poster, particularly if they are new on a thread. There is no doubt that SHAL will not go up forever....and when it falls it could fall hard as people get out, but don't let anyone tell you that it is not a terrific company with excellent long term promise. The only question is "what is it worth right now in this crazy market"? I believe the Company is profitable right now with the success of SLNN and the recent rise of JNUS, their other successful IPO. Are they worth CMGI? no, of course not. Are they worth AMZN who is not profitable? no Are they worth $30-$50? ....in a normal market, no. Are they worth that in a market of internet type, non-profitable, ridiculously valued stocks?... Probably yes. And people are also factoring in the free dividends they will get from future IPO's for holding the stock. That is worth something as well. Yes, it's a hard model to figure out the valuation of to some extent, but worth trying and definitely worth watching. So many don't want to miss the next CMGI type stock. And it looks like the big boys got in today judging by the massive block buys. Will be interesting tomorrow. I can't blame the shorts for trying, but I would be nervous nevertheless.