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Re: Zorax post# 266580

Sunday, 12/06/2009 3:44:27 PM

Sunday, December 06, 2009 3:44:27 PM

Post# of 346917
Congratulations Kitt.
Not only am I not sure what you are saying (no, I don't "got it"), but what I'm saying seems like it's slipping away on me, too.

From the top:
lr: FWIW, I think that the Pike purchases provide the single strongest piece of evidence supporting a long position.

K: What's you idea of a long position... how long is long... I can almost guarantee pikes idea of long wouldn't match your concept of long.

lr: To me, a long position is one that is purchased with the expectation that the company and its share price will grow commensurately over time. It is any position that is not made with immediate price adjustment as its priority.

K: "FWIW, I think that the Pike purchases provide the single strongest piece of evidence supporting a long position."
~!~ From the above statement I was almost sure you knew what pike believes is a long position...as you think pike thinks ... got it?"



My initial comment used the term "long" to mean a holder of the stock (antonym: short).
When you asked "how long is long" it sure seemed obvious to me that you were using a different meaning...as in length of time...so I responded accordingly.

I don't know what Pike thinks about anything. I know, at one point at least, that he held shares, hence he was/is long the stock.
Now, one more time since I'm too dim to follow your previous response, just what is "pikes idea of long" and have I described my concepts of the word well enough for you to tell me what aspect of which one of them you can "almost guarantee" wouldn't match Pike's and how? Or, does my concept of long match "pikes idea of long" and if so, in what respect? And if it's the latter, please remit the value of your "almost guarantee" ASAP.

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