To: tool dude who wrote (29874 ) 4/13/1999 11:08:00 PM From: J.Y. Wang Read Replies (1) | Respond to of 122087
Tool Dude: Think about what Anthony stated. I don't kiss ass, but he's a smart guy. Why did he tell you to sit on your thumbs? Why hasn't he publicly posted any shorts (but has posted longs)? I don't want to put words in his mouth, but I don't think he is not confident analyzing shorts in the market, and I don't blame him. As a matter of fact, he stated in another response that he is analyzing the current market and trying to figure out the trading patterns. Translation: The rules have changed. The school you go to to learn this market is called the "International Bullsh*t School of Stock Analysis", or IBSSA. At IBSSA, you will learn things like: 1) A stock with no revenues and earnings is better than a stock with revenues and earnings because the stock with no rev. and no P/E is like the mysterious item behind Door #1 in "Let's Make a Deal." The stock with rev. and P/E is like the $1000 in Monty's hand. Nevermind that most of the time what is behind Door #1 is a pile of horse manure on a trash can lid. The trick is to bid up Door #1 to as high as possible and try not to be the one holding the bid when Door #1 is opened. Kind of like musical chairs in elementary school. A lot of doors will have to open to reveal manure for people to start choosing the $1000 in Monty's hand again. 2) Key phrase like "strategic marketing alliance with AOL/YHOO/AMZN/EBAY" (translation: paid advertisement on ____) are worth at least 50% rise in stock price that day. 3) Stocks with the stock symbols of reputable companies plastered all over their press releases (ie: "We are going to do _____ in the _____ industry, like AOL/YHOO/AMZN/EBAY/PCLN/etc.") should go up at least 30% that day. 4) Stocks with press releases with wild estimates of the market size of the field they are entering (ie: "We are going to do ______. We estimate this market segment to be worth $500billion/$800billion/$7trillion/$45quatillion/$all_the_money_in_the_known_universe") should go up at least 40% that day. 5) Stocks that give stock, stock options, or warrants to reputable companies in exchange for advertisement or whatever (translation: paying for advertisement with stock) should go up at least 60% that day. There. I spent $30,000 and a couple of years at uMich to get my MBA and now you know everything I know about this market, and then some.