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Tuesday, August 23, 2011 8:20:56 PM
Also, again, you seem to be a short term trader. Selling pressure brings the PPS down, yes. Try to think of a company that never takes a swing into the negatives from time to time; it's nonexistent. Short-term trades and daily traders worry about the daily up's and downs; Long-term traders are, for the most part, less inclined to sell because a company does bad for a few days or if growth seems stagnant for a week. Via your retaliation at Atlanta1 earlier, you argue that it's impossible to buy a car right now with the profits from SEEK and that paying bills with it isn't possible. That's short term; not only that, but that's extremely short term and considered daily trading. Long term is anything over a year to a lifetime such as saving to buy a house down the road, or sending kids to college, or even retirement.
I don't know what gave you the sense that I'm being "overly optimistic" when in my statements I use phrases such as "in my opinion" and "based on theory". I'm not promising jumps to a dollar tomorrow nor am I promising giant gains in the future, I'm stating observations. That's unfortunate that you lost all of your play money but for my economics portfolio project in college I invested in Google and Apple. Does that mean I can predict future billionaire companies? Nope.
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