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This still doesn't explain the level of reaction, imo.
It's at a level that marks this board as an exception
to the kind of discussion seen on other pink boards.
It would explain why I'm not heavily invested in IDWD.
It would explain why I would be using profit/house money.
Shadenfreude would be a closer explanation.
My guess is there's a feeling that a viable target
to focus anger on for losses and injustices felt
personally is available. Downs is a convicted felon
and an easier target to focus on.
It's a weak hypothesis to say Downs is guilty now
because he was guilty then. That is to say he's guilty
until proven innocent. That doesn't work.
It's a good hypothesis to say there's a personal connection
and someone close is seen as a current victim of Downs.
It's a good hypothesis to say there's similar factors
as the previous situation that indicate it very likely
the same thing is happening again. This still requires
factual evidence to convict Downs again.
It still doesn't explain why if IDWD keeps proving
to be a viable investment to buy on dips and sell on
highs, why someone would crusade to stop this. Such a
crusade is more likely to induce more investment than
to detract from it. It makes the crusader appear as
sour grapes and undermines their goal.
As a long investment, considering all the facts involved
to date, it's as high risk as I've previously stated.
That's the nature of a pink, IDWD is no exception.
I believe Downs isn't viewed as a big factor due to HLS.
If the current success of HLS could be proven or disproven,
that would go a long way to determine the viability
of IDWD as an investment.
I can appreciate this. It makes sense.
Bottom line, I'm still only an investor.
I'm going to invest where I believe I can profit.
I don't have the desire or inclination or time to crusade
against every pink liar out there.
Can anyone give me the symbol for any pink under $1.00 where
not one lie has been told, where there's complete transparency,
and they are a viable investment to profit from?
I haven't found a single one.
What then makes IDWD any different from any other pink?
One thing that separates it is the fact that some are
making profit with it which is any investor's goal.
I ask, because for iHub, this seems to be a particularly
vehement board compared to some others with similar
negative claims. The only difference I can quantify is
that Downs is a convicted felon. Is it because since
he's on parole, there's a greater likelihood of seeing
justice done to one of his type?
I've yet to encounter one pink that didn't do some of this.
Every single SH meeting I've attended of any Pink with
the exception of biotechs has included lying that wasn't
much different. My problem there was the data was out of
my field of knowledge to assess if I was being lied to.
I just attended a sh mtg of another pink and the CEO flat
out lied to my face. Yes, I was disgusted. I was disgusted
how many actually bought his garbage. They also didn't care
to listen to facts. They stubbornly stick with their golden
ticket dream. They will probably be the same ones to drive
up the sh price where I profit nicely from it. You can lead
a horse to water but can't make it drink.
As for who they screw over, not a single one of them cares
who they do it to, imo. This means I believe they don't
have much of a conscience.
I see the same complaint over and over about SEC violations,
the CEO belongs in jail, etc etc etc. They get just as
nauseating as the rah-rahs. What I don't see is the SEC
actually doing anything about the problem.
The SEC is at the root of the problem and until the SEC
does something about it, all the rest of us can do is
see if we can profit from it. I suspect we might see some
progress after the Dems take office, but won't hold my breath.
I don't defend Downs under any circumstance.
My wonderment would be, like any criminal, did his learning
curve expand because of his conviction so he now knows
how to do it and get away with it?
If your two year cycle hypothesis is correct, then we'll
be finding out pretty quick. I'm most curious what the
next PR will be and how it will be reflected in sh price.
I think anyone would have to admit, if the IDWD PRs are
complete fabrications, then they are whoppers. The only
problem is they haven't been proven to be lies.
it works.
exactly, this website connection problem is
different from previous times where page updates, etc
would interfere.
My cache is cleared with regularity.
OK, finally. Just now while on the phone with a colleague,
the websites loaded for him and for me.
First time since about last Thursday or Friday.
IDWD
995ad.com
and the HLS websites all just loaded just fine.
Both .htm websites you suggested are still 404 here.
Ok that was wierd.
Thanks Penny.
Nope, 404 page not found.
What concerned me was not being to load the sites
directly put into a browser or from my bookmarks
separate from clicking on a link up above.
No, I posted the prices directly from the 3 year chart
from Ameritrade. I've noticed those charts do get adjusted
to account for splits, but not always.
The chart flat out shows sub-penny.
It was also the same chart I referenced before buying IDWD.
This may account for our difference of opinion since
3 years, even two years ago, I could have cared less about
IDWD.
Complaints about my moderating should be taken to Matt
as they are off topic imo.
Thanks, that was a great read and from a very credible source.
The article addresses something that has been in the
back of my mind all along about IDWD.
Now if the article had mentioned some suspected companies,
it would have been a coup. I hope we hear more about this.
I'm disappointed the article didn't go any further into detail.
Whoops, you're right.
I pulled up a 3 year chart and hit Sept of the wrong year.
Jan 14, '02 it was .0045
Sept 9, '02 it was .0011
Sept '03 it ranged from .007 down to .004
Sept 20, '04 it was .001
Mar 21, '05 it was still .001
Mar 28, '05 it was .005
This is what's called sub-penny.
IDS WAtcher wrote in Post # 20051 :
>>>This stock has never traded subpenny.
WOuld you care to retract that statement as a self-proclaimed
expert on IDWD? I'm looking right at the chart right now.
You said you'd been following this one for a few years.
I now find that hard to believe.
Sept 5, '05 it closed at .19
Sept 4, '06 it closed at 1.32
Sept 11, '06 it closed at 1.25
The difference between those two alone shows how insignificant
the argument was on Sept 5, '05. It obviously had little or
no effect. Today's range is .78 to .73 thus far.
It is more likely that we are in the midst of a dip which
has happened several times this year. It is more likely
we will see yet another rebound as the posted impropieties
both imagined and real about Downs don't seem to matter to
serious investors interested in making profit.
Looking at the chart, there's been 4 dips and 4 surges thus
far this year. That's proven opportunity.
If a serious minded investor is making money, why should
they care what the gossip is, old or new?
In my mind only a short would be arguing at this juncture
and that's assuming the short is a serious investor.
I'm still waiting for a solid good pink that's fully reporting
and is completely transparent where there's no lying or
misdirection occurring. I'd buy it.
But wait, it would be on the Amex if a pink could do all that.
.001 Sept '05 vs .76 Dec. '06
Naked Shorts are also a viable explanation.
There are others that some may wish to offer.
It's too simplistic just to blame the CEO.
What you suggest is possible, but it's not the only
plausible explanation. It's also a pink and thus not
required to report a lot of what is demanded here.
It makes me step back when there's demands for things
not required in a pink and this is common knowledge.
FTDs are an increasing factor to consider these days.
It makes more sense that a short now looking to cover
would bash and bash and bash and use someone else's
words to make their argument instead of their own.
If they can spread fear and initiate a selloff and
subsequent drop in price, then shorty breathes a sigh
of relief and covers their IOU.
Imo and according to some analysts, shorts have overplayed
themselves and are now experiencing a cash flow problem
when they look to cover as the expected harsh declines
have not happened as expected.
There's shorted plays out there on various stocks
that are getting very old. A link was posted a week or so
ago that is quite informative concerning FTDs.
Now if Downs PRs turn out to be fake, then his parole
will be revoked and it's game over. My guess is, his parole
officer has been inundated with accusations about these
issues and I can't accept they've been ignored. It's just
too easy to follow up on such accusations and get Downs
out of his hair if they were/are true.
Logic dictates that Downs has likely accounted for the
discrepancies pointed out here to the satisfaction of
his parole officer or he'd already be back in the hoosegow.
Again, the old post was discussed and argued back then
over a year ago and the relevance gets lost when share
price was .001 and currently is .76.
It would make more sense to put efforts into proving the
current PRs are false which could have the result desired
by some. I.E., has anyone confirmed the $50M in escrow?
Now THAT would be a coup one way or the other.
A pink is like a teenager, what is true one year is
certainly not the next year.
My moderating experience extends back to 1992 and I still
have my 1st edition of BBS Law. We developed rules which
are pretty much the same as iHub with exception that
vulgarity was allowed then as Free Speech. The internet
has incorporated changes and serious investors know that
vulgarity is not necessary in a discussion. I watched
when the EFF was formed before it became a juggernaut.
It makes more sense to have a dialogue about current events.
It also shows appreciation of iHub resources and standards.
iHub is not an unlimited resource like printable shares.
Imo, free memberships are a privilege and having a premium
membership is not a license to abuse or squander resources.
The point seems to keep being repeated and it's being done
by repeating old posts. That's like telling the same joke
repeatedly. It loses its humor. If you make your point,
move on.
I'm puzzled by the incessant anger towards a stock which
is doing something few other pinks are managing to do.
I'm inclined to suspect the motivation involved.
Mere personal disgust towards lying doesn't account for it.
In my opinion, it goes way beyond any normal reaction of a
serious investor, especially when it's been profitable for so
many and still has a lot of life in it..
In my personal life, I can't stand a liar of a thief.
In my investing, my main concern is: Is it profitable?
I don't care if Downs is a liar if I'm making $.
Show me one completely 100% honest pink out there.
I'll buy it.
This is probably congruent with most investors.
Any investor here would 1st ask themselves: Am I making $ ?
When introduced to iHub, the first thing I noticed and
appreciated: this a place for serious investors.
Serious investors don't carry on to these extremes.
Rehashing the same point repeatedly from old posts is
like getting divorced and then stalking the ex.
As my generation would say, that's not cool.
And no, the 60's are not a blank fog in my memory.
I'm not seeing typical reactions of serious investors like
I do on other boards. This board became worse than RB, imo.
Last, the IDWD, HLS, and 995ad.com websites do not load
for me. I had a colleague attempt from a different system
literally miles away with a dialup and the pages don't load.
I had another with high speed DSL try it with no luck.
It's been tried with Netscape, Opera, Firefox, and Explorer
by independent sources and all have no success loading these
pages. I'm inclined to trust and believe people I know.
I at least know for a fact, the event is not isolated to me.
THIS is a genuine issue imo.
Now i'm going to have some business colleagues 1000+
miles away try it for me. It's possible the problem is
SWBell as a colleague in Florida experienced this issue
with his websites and he blamed SWBell as he was doing
major renovations at his facility including.
It's curious to me that those bashing IDWD report no issue.
Perhaps that old post is relevant to the fact that share price
was about .001 back in Sept of '05.
Apparently there's been some changes in information since
then since the price is currently .76.
Simply reposting old posts is repeating posts imo as have
already said once. Please don't repost old posts.
They are there for anyone to read. If you feel there's relevant
info in old posts, then perhaps you could make a list of them
as links, post the links in ONE post and include discussion
that explains your position.
There's a disconnect between .001 and .76 in the information
being reposted that isn't even addressed.
Things change, and ignoring change dooms one to failure.
So please explain why the repost is relative from Sept '05
when the price was .001 with today's price of .76.
The difference is staggering and thus the repost makes no sense.
Don't see it happening myself.
Stick a fork in it.
This one's done.
Like Dandy Don Meredith used to sing,
The Party's Over.
*sigh*
Well hey, we can look forward to an reverse split,
and watch the value of our investment really drop.
Merry freakin' X-mas.
Some say we only have 6 months until the end.
You can always stay on the sidelines if your ticket is paid
and see how it finishes.
Yes, I am not happy about this one.
If all was well, we should have hit bottom before the
meeting. Instead since the meeting was such a
"resounding success"
we're still waiting to see when it hits bottom.
I'm surprised MacDonalds doesn't buy them out.
Of course it or another company may be waiting for
a complete bottoming out to step in and scoop it up.
Either way, this one has come and gone, imo.
I'm just watching ACH right now to see
how the wind blows with it.
I was glad to see it as a new board.
This stock should have a lot of potential in the next
few years. The re-organization that just went on made
me hold off getting into it. Now I'm waiting to see if
it settles down some to get in at a lower price.
Good luck with the set up.
Your work is appreciated.
a week or two ago it was working for me.
the 995ad.com
now I get nada, nothing.
14,320 total shares traded thus far today
using streaming quotes.
Agree there's no pump and dump.
This tells me we're looking at another spike coming.
What will be interesting is if a PR gets released now
and what it says. They're getting empty, imo.
That's disappointing.
My guess is if we're to see anything substantial,
it'll be after the new year starts.
Who wants to have a huge windfall right at year end
to be left scrambling to offset and getting slammed on taxes.
I've tried both the links in the intro box
and my own bookmarks
both came up empty
I suspect another gimmick
is the issuing of warrants.
I've seen warrants issued that literally leave you scratching
your head. Unfortunately, some get over excited about them.
GFCI and RMEI are examples.
Another gimmick is announcing a spin-off only the spin-off
doesn't happen or is delayed for months and months.
GFCI is again an example.
Then there's the IDWD current fiasco of a promised buyout
at 2.35 per share and it's currently trading around .75.
I'm starting to wonder if this was a gimmick.
I keep getting an error that it can't locate the
remote server. I'm on a high speed connection.
This is happening for both sites which I have bookmarked
and until recently, I was able to still see them.
In fact, I was looking for an '05 Suburban with low miles
and the 6.0 engine, so I went to the 995ad.com website
to see if one was advertised there. I didn't find one.
From what I could see, the site wasn't doing much business.
The 995ad.com portion of IDWD has never impressed me.
The promised dividend and the high and low cycles in share
price are what attracted me.
Anyone besides Pennycow or IDS Watcher able to connect?
Thanks IDS, it seems like the travel section gave me
a similar error when I checked it out when the rest of
the website was working for me.
This current connecting to the website problem
is annoying me.
Was a nice surprise to see this one started.
My thanks.
>that's why you NEVER buy and hold pinks
Perhaps, But I hung in one for 5 years before it paid off
big. I began at .15 with small bites, then jumped in hard
at .01. My average cost was .013. The stock went to .25
this year. I kept 50k shares for fun which were foward split
this year 3-1. It's still up 1566.67 %.
Playing a pink long successfully gives a lot of satisfaction
when it's time to pay capital gains.
So if I had followed your advice, I would never have had
the express enjoyment of being patient and then riding
the explosion which happened on the share price.
Most long waits on Pinks don't take 5 years.
This is only one example.
It was an extreme situation wait wise, but it was worth
every bit. It allowed me house money to use on GFCI and others.
Yes, it was a very high risk initially, but the risk lowered
as time passed and being able to average down.
If an investor uses good managment and doesn't over extend
beyond say 10% of their portfolio, distributes this over
5-10 risks, it only takes one to payoff big and still come
out way ahead even if all the rest are losers. This uses a
basic spread / roulette strategy to win.
GFCI is not only interesting, but should be more than worth
the wait. 15 months is not a long time to wait for me.
Others that got in earlier at higher costs should be
getting their avg cost down now. It's cheap and easy enough
to do right now.
The best part of this one is going to see how Shorty comes
out of it when the dust settles on GFCI.
Anyone with less than 50k sh now is wasting their time, imo.
Imo, that's just someone with too much time on their hands
and too little money to seriously be involved in investing.
They qualify only as rabble rousers, imo.
Has anyone else had trouble
connecting to the 995ad.com website recently?
How about the IDWD website?
If yes, (no diatribes please)
what is the actual explanation for this?
Well, it's only 8 more days to find out if we get the warrants.
I'm still perturbed by the X-mas record date.
That's not much of a wait. Imo, the next question is:
How low will share price go in the next week?
Next question:
Will the warrants be a nice present in our stockings
or a lump of coal?
Next question:
When will the warrants actually post to our accounts?
Next question:
Are we winners or losers?
The beginning of the year promises to hold one heck of an
intersection of a variety of things on the table at GFCI.
Imo, we're going to find out soon enough and don't need to
berate someone no matter if they are + or - GFCI.
Either way, imo, we should have winners & losers
no matter what the outcome is. My prediction is that
the shorts are going to end up the losers.
Last question:
When will the next solid spike hit and how high will it go?
My guess: within 3 weeks and .39-.44 and settle around .18
before things lite up again.
This isn't pumping and dumping. It's merely guessing.
Now we just watch and see who's right and who's wrong.
These are informative BBB, imo.
It may just be my perception, but there's credibility lent
to the hypothesis that there's a lot of shorts in this
and more than a few naked shorts as well.
Another hypothesis I'm entertaining is that there are shorts
out there that can't afford to cover unless we see the price
drop even more. This might explain the negative verbosity.
If they shorted shares at higher prices thinking it would
be easy to cover later on but come up short on the $ to
accomplish this, then they would certainly have a lot to lose.
If they gambled and didn't keep enough cash back to cover
at current prices, they stand to lose an awful lot.
If some longs are actually continuing to accumulate
like myself, then they curtail the short from covering
a large position as shares are snapped up when sold by longs.
For the minor long fun stock speculator, 250k shares is still
a nice acquisition and limit without getting too deep, imo.
I think we'll all be more informed by May of 2007.
At least I hope we are.
Disagree 'Cuda,
IDS is putting forth some questions that when answered
may either support or undermine his opinion. If the
answers support him, that's how it goes.
For a pink, some of the list seems a bit obsessive to me and
not worth one person's time unless they've invested
the farm on this stock. Imo, this is a fun stock and
they get played with house $ or you don't jump in deep.
For the record, I can't stand a liar or thief in my
personal life. In these fun stocks, I've yet to run into
one where there isn't some lying going on. If anyone
finds one that is completely honest, is a good investment,
is fully reporting, yet is only a diamond in the rough,
then I would venture we'd all be running to invest.
Imo, it seems almost impossible to find a fun stock
where there isn't some hanky panky going on unless it
pops and then they move to clean up their act. Not a
single one is worth my getting seriously angry about.
As for 20k posts, it's quality not quantity that counts.
iHub is a resource and I'm sure it has limits and they
shouldn't be abused even if someone is angry.
LT
There was a Happy hour last Friday where private
messages could be sent. You could wait until the next one
and send IDS a private message then if using a free account.
Leave it to a Jarhead to get on after it close and personal.
Maybe that's why so many are friends even though
I come from the world of Bragg. It does make for thick skin.
Semi-retired myself, LT. but not from the military.
Playing with these fun money stocks is just that, fun.
IDWD is one of the few I own where I haven't done much
looking into. It's been making me $, so it was last on
my list. It sounds like most of what you learned, you
fell into pretty easy since info sources were close.
That's a good reason to check things out in my book.
I expected more rise today, it's down .065.
Still in the green here, but a small surprise anyways.
Personally, I wouldn't go into that much detail about
how I went about my research. It's not my style.
Doubt this one will go thru the roof, imo.
Might sting some shorts for $5-10 a share if and when
this buyout happens. HLS put $50M in escrow according
to the PRs. I wondered why put it in escrow and not just
follow thru with the buyout. It makes sense if there's
more attn to product by HLS & if there's a feeling they
can buy IDWD any time they want.
Imo, there's some shorts feeling the pressure and that's why
there's such a hullabaloo right now. They would want panic
selling so they can cover. It's just a hypothesis.
Same thing here Strongus.
It was just too much to resist.
While the book with 27 reasons holds discussion value,
I was unable to find much of this in the myriad of posts that
reposted a lot of old stuff from other posts and looked
more like personal attacks on the CEO in their repetition.
The sheer volume prompted me to ignore and pass over them.
Imo, your point was made early on and the rest was unnecessary
repetition. Repeated posting of previous posts of another's
posts (say that 3x fast) isn't due diligence imo.
iHub is a discussion of information and opinion asset imo.
Flooding the board with the same point over and over again
doesn't encourage dialogue. Imo, it discourages it.
There's a big difference between debate and argument.
Personally I appreciate reading posts that are pro or con
when they are engaging in courteous dialogue. I appreciate
open debate. I hate politics and don't care much for speeches.
IDWD is up .085 at this time.
Imo, this is an indicator that we may be experiencing yet
another upswing. Imo, it indicates there's less of an
enigma than is consistently hypostulated.
While there appears to be a mtn of negatives surrounding
IDWD, it simply continues to surprise some with its rebounds.
Other pinks would be crushed under the negative litany,
Yet IDWD continues to respond positively in spite of this.
This says there's more than meets the eye when discussing
the pro's and con's of IDWD, in my skeptical opinion.
To top it off, it just continues to be a profitable short
venture and holds value as a long position currently, imo.
This has been my experience for some time now.
It's hard to complain about an investment that keeps
rewarding me.
I just got a nice 5 yr old gelding for free and the horse
looks really solid but poorly trained. When it was offered,
I was reminded of my father who was a bit of a horse trader,
"Don't look a gift horse in the mouth".
IDWD has been a good gift horse for me, yet I still appreciate
hearing any complaints.......once.
Excellent post LTGeneral.
I agree.
As shown by example, it doesn't require a deluge of posts
to make one's point, proving again, there's wit in brevity.
The stock is already rebounding and is at .80 which indicates
we are probably in another up cycle. Have to admit, I couldn't
resist snagging a few more using previous profit.
Can't complain about this one myself.
It's been a moneymaker.
The article looks fine but....
There's no mention of what was shown in the financials
where administration costs went up dramatically.
Those costs looked like payments to the admin and not
funds being spent to keep trying to run the company.
From reviewing the financial statements, it looks like
after the problems occured with the coal, the admin
basically scalped the existing liquid funds instead
of spending them to move forward and try to counter
the productivity problems they encountered.
This is what bothers me when seeing an article like this.
There's an awful big element that appears like it's being
completely ignored when it shouldn't be.
If anyone has any information to counter this opinion or
provide enlightenment, it would be appreciated.
I only know what my accountant told me after reviewing the
financial statements sent to me from Pine Valley and the
subsequent pit that formed in my gut.
I agree they have something worth selling. The problem there,
imo, is there won't be anything left for common shareholders.
We're pretty much left holding an empty bag.
It's pretty much a disappointing write off for me at this point.
For several years I've followed this one.
It just never had enough oompah to get any of my $ invested.
Great ideas and product.
The company should have courted a buyer to takeover
and run with it long before this, imo. Perhaps it just
wasn't able to find a buyer before this.
The only upside is if another comes along and picks it up
for a song so the product line continues. That's no real
consolation to investors though.
It's a shame to see it go like this.
GLTA who gave it a whirl.
The only good news is if your shares are restricted and
protected from the rs. The second bit of good news is
if, IF you bought your restricted shares before Joey
bought his and you have the opportunity to sell yours
before he can dump his. That's about it.
This is about as good as it gets, imo.
The rest is disgusting.
There really does need to be a limit on how many rs
can be done in a 12 month period.
This is ridiculous.
Joey can perhaps produce viable products with the company,
but isn't qualified to run a company, imo.
This many rs wouldn't be necessary if the company was
run well, imo.
This might explain recent events.
It looks like an investment recommendation group
is recommending FPPL. I was just invited to join
a group that has as bait, "we'll send you our latest
recommendation on a stock, oil & gas leases blah blah"
"Oil shale, blah blah blah"
This is the kind of group you pay to join and get their tips.
They gave enough information not just to tease but to
kind of narrow the field as to who it is.
This included the location of the leases and the current
price of the teaser.
I was surprised this was happening so soon.
I didn't expect this rise until after Dec. 31st.
Looks like the short players are missing the boat.
Looks like it's still a good time to jump on board
and have a little long patience for a real pop.
I can't prove it without joining the group, but
I'm pretty sure this is what's happening.
I'm not wasting $ on joining to get info I already know.
I would expect some new posters showing up as well
in this group.
If I'm correct, then we should see some stabilizing of
share price above what it's been and shorts will fade off
until we start seeing a climb.
Agree
Profit taking by daytraders was definitely going to happen.
Not that I can see wasting time on making pennies
when a little patience makes dollars.
Now if it will just hold off until after Dec. 31.
Won't be calling there myself.
Not worth my time to participate & deluge a poor working gal
with phone calls she can't answer.
PRs will come when the company is ready.
In the meantime, my hope is that things will calm down
before the new year so next spring's pop will be just
that much more enjoyable.
If all you want to make is a few bucks,
then go for it. Anyone can do that working
at Greasy Mac's and isn't worth wasting time on.
That isn't exactly buying low and selling high
with a fun stock, imo. That's just playing for
pennies, tossing them against a wall, imo.
Not much fun in that.
Personally, it's the 25-1 pops and up that are
where the real fun is.
I wonder if they'll buy any of mine for .34.
They are welcome to a taste at that price and higher.
Otherwise, I'm willing to wait and see what's left
when the dust settles after the merger.
The bodyguards weren't there exclusively for JD.
Having visited with two of them briefly during the sh mtg,
they made some others attending feel safe.
The presumption the bodyguards were there to protect JD
and only JD is erroneous but has been much ballyhooed.
Firsthand experience pretty much resolves that myth, imo.
In addition,
if anyone has viewed:
http://www.businessjive.com/nss/darkside.html
GFCI looks a lot like the company used as an example
of FTD's. The merger will accomplish a lot all in one
fell swoop. Then we'll probably have about 6 months
to decide how much profit taking we do and how much
we let ride.
If this is correct, then accumulation is a good strategy
right now. If wrong, will just have to eat crow like Cramer
but there will probably be a few others joining me at that
blemished banquet.
I'm thinking there's a lower level to scoop at here.
Since we've seen a few significant drops only to then
see a solid rebound later. Held off scooping the past 6
months on the drops and have regretted it.
Anyone recall the $50M put into escrow for HLS to purchase
IDWD? As long as that's still there, it's easier to believe
that a long position is still viable.
If this one takes a hard short dump in price, it easy to
imagine that those of us who have cautious will probably
jump in hard if the volume is there to accumulate and
provide a decent recovery when it spikes back up and levels
off. Then once initial costs are all covered, it's a little
easier to sit back and wait patiently on the remaining shares.