Lee,
(I composed this reply to your #733, but before #735 was posted.
note that jim reveals himself as a day trader when he had
in the past, seemed to be only a long term investor. In
this context, his posts,even if manipulative, are logical.)
Jim does, on occasion, contribute info updates that should
be appreciated. Perhaps his comments on momentum are best
viewed as a lagging indicator. When he cheers upward movment
its usually about done. And when he despairs over downward
movment, the worst is usually over! If you trade with a long
term strategy this can be annoying. A day trader, might favor
panick induced flux. Long term always seems to be the high
road, and, day traders seem to be reckless. But each of us
takes their own path, and chooses WHEN to act. Perhaps this
guy is really a day trader or the agent of one? Maybe the best
thing you can do is to "cross post" elsewhere and otherwise
spread the word as to the wisdom of a longer term perspective
to attract more long term investors to this stock. I think it
does have good 1 to 3 quarter ( and beyond)potential. Short term
it may dip with a negative earnings or preannouncment
warning. It would be useful to size up the amount of
institutional ownership if anyone can get reliable (verifiable)
info on this. Knowing the # of investors and the average holdings
might give clues concerning probability of panick behaviors. |
