Replies to post #17676 on uWink Inc. (UWKI)

[the big guy]

yup totally. When I first started I did not know what to do and how to go about doing my own research. All I had to do was apply knowledge (financial) and experience (technology) that I already had. Until then I actually did things based on junk emails received (pump and dump schemes), reading the newspaper, doing what my friends did (that was a big one, lol) etc..

Of what he is saying IMO the most important thing is what he calls Competitive Advantage. I have found the most powerful stocks have an intuitive, qualitative strength (competitive advantage) that is not in the numbers.

btw... now is a horrible time in the market for technology for any stock, IMO.

[Rawnoc]

>> Also, no excuse on this earth to average down in a company that is not highly profitable. <<

Sure there is....if your analysis and superior insight leads to you calculate future profits and their risks are priced at a discount.

But this is far more difficult. I rarely make an actual "investment" on a non-profitable stock. VBDG is an exception because their profits for Q3 and beyond are just too easy to calculate.