To: Tim Van Leeuwen who wrote (3662 ) 4/21/1999 1:10:00 AM From: Ronald P. Margraf Sr. Read Replies (1) | Respond to of 6076
HI Tim, Read your post several times. Looked at the charts several times also. I understand your view on the matter. Been there, done that and seems that I have always been left holding the bag while everyone else was making money on the same stock that I was holding. Devotion and dedication to a stock is admirable but most of the time it doesn't make you money. In fact you end up loosing it. Now from all indications and investigations SYD is a good buy, but one has to also think about ones self sometimes. The program is not telling one to sell but is now appearing that the MACD line which is the solid line is now at the dash line which indicates that this is in most probablilities going to go down. That is an indication that one should but not necessarily consider selling. Over the years I find it prudent that if the story is good and you beleive in the story that one should over buy a stock and when the opportunity arises that and you have an opportunity to get back all your monies and make a profit and still hold a substancial position, then go for it. Don't feel GUILTY.;-) After all, the name of the game is make money. If the price falls which they all do, use the profit to buy back in and increase your position. I realize that it is hard to sell something that you beleive in but you have to remember that companies aren't on the same time frame as you are. This IBM thing has been going on for a long time. My thoughts are that if this was so hot then why is it taking so long for IBM to do something, but then again, I don't think IBM is so smart anyway. After all they let MICROSOFT get away from them.;-) The point I'm getting at is that you and most of all the rest of the folks tie your monies up while the primary shareholders sell everytime the price moves up and buy it back when it goes down. Remember, trades on the open market are different then share that are granted or given. Anyone of these folks can still trade on the open market and don't have to report what they are doing. Its just trading. I can almost bet that Agora, Mr.S and whoever are trading this company on the open market and making money everytime it moves to the upside and buying it back on the down side. It would be foolishness to think that it isn't happening. How do you think that they are living when the company is loosing money? Think about it. So, I ask the question, why not me/you. Do the same thing. Just keep some share in the bank in case this moves/blows out.;-) Get my drift?????? This is where the T/As come in. You can only do that with that knowledge. Remember, if everyone was to trade the stock it would be more volital then it is. They ask you to hang on through the ups and downs and they sell and buy on the ups and downs. You keep the price stable and they make the money continuously while you only hope to make what they are making regularly. That is why the rich get rich and the rest of us only hope to get rich. I will almost bet that most of the folks that got into this have already gotten most of their money back and are now playing with someone elses money. Several weeks ago Mr.S was on the radio giving a radio interview. Heard it on the business channel. Everything that Mr.S. said didn't stimulate me to buy the stock. Everything he said was, well we are working on it or that there was nothing. If I hadn't already sold, I would of on the next Monday. I don't doubt that was one of the reasons that there was a sell off the Monday after the interview. Now I will have to check the charts to see if that is a fact. Syd has a good product but appearently not enough to get folks to say, OK. The proof is still in the pudding. We will have to wait to see if SYD is a good cook.;-) Later, Ron