ralph, why don't you defend the company by arguing against my reasons for assessing the pps of Rushnet, the way I did? instead of attacking me because I wrote it.
You slander my name, yet I tell you guys in the past, that I do own shares, I work for no one in the financial field, or has any ties to the stock market and any type of financial markets. "I am getting paid by no one to speak critically of Rushnet.
Now, instead of criticizing the poster (you) I will defend what you write, not who you are.
"1)Again, you bought a company that had "no" assets. So far things haven't changed, but are closer than when you bought."
-I admit, I bought into Rushnet on hype, and have lost much money because of it. I learned my lesson.
"2)Sales have increased sinced you bought"
-sales are just over $1 million or so, whats your point here? My local Burger King restaurant can outsell Rushnet's total annual revenue.
"3)distribution has increased since you bought(see Madtony)"
I am not arguing that distribution hasn't increased, give me a dollar value here. It doesn't matter how much distribution you have, if no one is buying your product. Sales is key.
"4)Name recognition has increased sinced you bought"
-again this has to be tied into sales, brand power only matters if people will buy your product.
"5)If all stocks went straight up when people bought them, there would be no losers. Unrealistic senario. You bouhgt at the wrong time."
-I admit myself, and many others bought in for too much, and avged down for too much, and we are still losing.
"6) Why did you buy RSHN. Where did you hear of them? Your answer will undoubtedly tell more about your assute inbred ability as a stock picker."
-I made the mistake of not doing much DD, Rushnet is the first pinkie I have bought. I made the mistake of reading msg boards, and buying in. Like I said before there were many pumpers and not many bashers.
7)Twenty years old, yet can post any time any place on a blink of an eye. NO JOB? Hmmmm No just don't buy it"
-if you read carefully, it says 20's, not 20. I have access to many computers, also wi-fi capibilities. I am currently doing a master's degree in economics and finance. Even if I was working full-time, many offices are equiped with Wi-fi.
"8)Hard to believe that you can sit here day in day out protecting SEVERAL thousand dollars. Nope just don't buy it."
-its the principal, that I feel I got suckered.
"8)What part of 12-18 months don't you understand?"
- to your 2nd #8, I am not arguing what might happen in 12-18 months, or 36-48 months. I am arguing a cost analysis for the pps, not future growth.
"9)If you are whom I think, then quantitative projections,PPS analysis, net worth and book value nonsense should be forthcoming soon. You are an accountant , correct? I can see your value for your firm."
- I dont understand what you are arguing here.
"10) You have already influenced a few to sell taking a loss. others have not bought shares and lost a 25-40% pop."
- how can you prove I influenced anyone?
"11) In my opinion I can not trust you.You are not here for any worthwhile purpose, only self-serving as I see it. You'll have this letter deleted but it will show up on other boards."
-I already stated my position.
"12) Remember, Marriot start out as a Root Beer stand. For year they held no assets. Today a great deal of their income is derived from managing other hospitality hotels/motels/timeshare etc..."
-For every success story, there could be many bankruptcy stories too.
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