GREY:SCSZF - Post by User
Comment by
vandenpon May 02, 2002 1:13pm
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Post# 5072073
RE: RE: A friendly little wager for the gang.
RE: RE: A friendly little wager for the gang.Short term investors don't give a rats behind about rev's, margins, operating expenses, etc. All they are concerned about is what will make the share price go up in the near future so they can sell their shares to some other poor sap.
I invest in companies for the long term and I have always believed in the business model of this little company. But as a long term investor I am no longer concerned about the short term fluctuations in the share price except when they happen because of a bunch of pumpers or because the company is not telling the truth. In the long run this hurts the company. I don't want to be invested in a pump and dump company with a terrible reputation. This is why I come down on pumpers. In the long run they hurt my investment.
FYI, I'm not an accountant. Don't you remember, Travelingman exposed me as a professional basher.
Now if you're a long, do you never get concerned about the balance sheet of this company?