Monk, some babble about SCO being mentioned on the "Cash'in in" program. Talking about a double next week.
May have to get to work early and watch the repeat:
Cashin' In
Saturdays at 11:30 a.m. ET
Repeats Mondays at 5:30 a.m. ET
Acouple of the posts:
Re: Fox Business Show BIG RECOMMENDATION
by: ricknobles2000
Long-Term Sentiment: Strong Buy 01/31/04 01:56 pm
Msg: 3890 of 3947
Eazy,you maybe the one in trouble if you are short this stock,I watched the Fox show and what these posters are saying is accurate.Jonas Max Ferris made the recomendation and he is highly respected by the viewers of the Fox show.You had better cover your short early Mon.Sorry about your bad luck!
The real "Cashin' In" story
by: Sox59 01/31/04 03:34 pm
Msg: 3904 of 3947
I am a daytrader, and I am only in this stock until about $2.39, and I don't have a ton of money sunk into it, so I have no reason to pump it up to $150 per share. That being said, you can choose to listen to me or not if you missed Cashin' In this morning.
First of all, only two of the analysts talked about SCO. One said it was very risky, he was promoting it, said he thinks it could go up as much as 300%-400% this year.
The other said he was crazy, he was staying away from the stock.
The comparison to Enron was this: the analyst who picked SCO as a good stock to invest in said he was in to stocks who were down and out and on the verge of bankruptcy, but who did not actually file bankruptcy, and who were on their way back up. He also said that Europe is going through their "Parmalat" stage currently the same way as USA went through its "Enron" stage, and that some stocks who made it out of bankruptcy danger in USA did well after all of the SEC investigations. He said that may happen over in Europe, and this company may be a good pick.
Also let it be known that the analyst who picked SCO is the same one who came in dead last in the game that "Cashin' In" members play in each year. They each get $10,000 play money to invest and see who can make the most, the winner keeps his/her earnings. This gentleman actually lost money if I remember right.
So yes or no, its always yours to decide. Do your own studying, take risks if you want to. I will always remember a friend of mine who once wanted to invest $5000 in an upstart dot com called EBAY, and his broker told him not to risk it because it was just another fly by night dot com site. This is the same guy who made my mother over $100,000 in the past couple years.
Even the "star" analysts win some and lose some.
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